Ft Cboe Vest Etf Performance
| SNOV Etf | 23.49 0.03 0.13% |
The etf owns a Beta (Systematic Risk) of 0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, FT Cboe's returns are expected to increase less than the market. However, during the bear market, the loss of holding FT Cboe is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days FT Cboe Vest has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, FT Cboe is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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SNOV |
FT Cboe Relative Risk vs. Return Landscape
If you would invest 2,342 in FT Cboe Vest on November 18, 2024 and sell it today you would earn a total of 7.00 from holding FT Cboe Vest or generate 0.3% return on investment over 90 days. FT Cboe Vest is currently generating 0.0064% in daily expected returns and assumes 0.5502% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than SNOV, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
FT Cboe Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FT Cboe's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FT Cboe Vest, and traders can use it to determine the average amount a FT Cboe'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 = 0.0116
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SNOV |
Estimated Market Risk
| 0.55 actual daily | 4 96% 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 | 0 Most of other assets perform better |
Based on monthly moving average FT Cboe is not performing at its full potential. However, 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 FT Cboe by adding FT Cboe to a well-diversified portfolio.
About FT Cboe Performance
Evaluating FT Cboe's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if FT Cboe has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if FT Cboe has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
FT Cboe is entity of United States. It is traded as Etf on BATS exchange.| Latest headline from news.google.com: Investment Report - Stock Traders Daily |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in FT Cboe Vest. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of FT Cboe Vest is measured differently than its book value, which is the value of SNOV that is recorded on the company's balance sheet. Investors also form their own opinion of FT Cboe's value that differs from its market value or its book value, called intrinsic value, which is FT Cboe'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 FT Cboe's market value can be influenced by many factors that don't directly affect FT Cboe'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 FT Cboe's value and its price as these two are different measures arrived at by different means. Investors typically determine if FT Cboe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FT Cboe'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.