Evolve Nasdaq Technology Etf Performance
| QQQY Etf | 28.20 0.10 0.36% |
The etf shows a Beta (market volatility) of 0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, Evolve NASDAQ's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve NASDAQ is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Evolve NASDAQ Technology are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Evolve NASDAQ may actually be approaching a critical reversion point that can send shares even higher in January 2026. ...more
1 | Why Price Action Is Critical for Tactical Trading - news.stocktradersdaily.com | 12/03/2025 |
Evolve |
Evolve NASDAQ Relative Risk vs. Return Landscape
If you would invest 2,641 in Evolve NASDAQ Technology on September 29, 2025 and sell it today you would earn a total of 179.00 from holding Evolve NASDAQ Technology or generate 6.78% return on investment over 90 days. Evolve NASDAQ Technology is generating 0.1131% of daily returns and assumes 1.3478% volatility on return distribution over the 90 days horizon. Simply put, 12% of etfs are less volatile than Evolve, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Evolve NASDAQ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve NASDAQ's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve NASDAQ Technology, and traders can use it to determine the average amount a Evolve NASDAQ's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0839
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Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Evolve NASDAQ is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Evolve NASDAQ by adding it to a well-diversified portfolio.
About Evolve NASDAQ Performance
By examining Evolve NASDAQ's fundamental ratios, stakeholders can obtain critical insights into Evolve NASDAQ's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Evolve NASDAQ is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Evolve NASDAQ is entity of Canada. It is traded as Etf on TO exchange.| Latest headline from news.google.com: Why Price Action Is Critical for Tactical Trading - news.stocktradersdaily.com |
Other Information on Investing in Evolve Etf
Evolve NASDAQ financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve NASDAQ security.