Hoya Capital High Etf Performance
| RIET Etf | USD 10.70 0.08 0.75% |
The etf retains a Market Volatility (i.e., Beta) of 0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hoya Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hoya Capital 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 Hoya Capital High are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable technical and fundamental indicators, Hoya Capital is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Where are the Opportunities in - Stock Traders Daily | 11/14/2024 |
| In Threey Sharp Ratio | -0.17 |
Hoya |
Hoya Capital Relative Risk vs. Return Landscape
If you would invest 1,065 in Hoya Capital High on August 26, 2024 and sell it today you would earn a total of 5.00 from holding Hoya Capital High or generate 0.47% return on investment over 90 days. Hoya Capital High is currently generating 0.01% in daily expected returns and assumes 0.7547% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Hoya, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Hoya Capital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hoya Capital's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hoya Capital High, and traders can use it to determine the average amount a Hoya Capital'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 = 0.0133
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RIET |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Hoya Capital is performing at about 1% 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 Hoya Capital by adding it to a well-diversified portfolio.
Hoya Capital Fundamentals Growth
Hoya Etf prices reflect investors' perceptions of the future prospects and financial health of Hoya Capital, and Hoya Capital fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hoya Etf performance.
| Total Asset | 25.69 M | |||
About Hoya Capital Performance
Assessing Hoya Capital's fundamental ratios provides investors with valuable insights into Hoya Capital's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Hoya Capital is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The index is a rules-based index that is designed to provide diversified exposure to 100 U.S. Hoya Capital is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Where are the Opportunities in - Stock Traders Daily | |
| The fund created three year return of -3.0% | |
| Hoya Capital High maintains 88.29% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Hoya Capital High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Hoya Capital High is measured differently than its book value, which is the value of Hoya that is recorded on the company's balance sheet. Investors also form their own opinion of Hoya Capital's value that differs from its market value or its book value, called intrinsic value, which is Hoya Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hoya Capital's market value can be influenced by many factors that don't directly affect Hoya Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hoya Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hoya Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hoya Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.