Tradr 2x Long Etf Performance
| SOXW Etf | 20.52 0.57 2.86% |
The entity has a beta of 2.5, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tradr 2X will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days Tradr 2X Long has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Tradr 2X is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | BlackRocks Bitcoin ETF joins top 1 percent of ETFs by size, hits 40 billion milestone in record time - Crypto Briefing | 11/13/2024 |
Tradr |
Tradr 2X Relative Risk vs. Return Landscape
If you would invest 2,123 in Tradr 2X Long on September 1, 2024 and sell it today you would lose (71.00) from holding Tradr 2X Long or give up 3.34% of portfolio value over 90 days. Tradr 2X Long is currently generating 0.0186% in daily expected returns and assumes 3.7989% risk (volatility on return distribution) over the 90 days horizon. In different words, 33% of etfs are less volatile than Tradr, 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 |
Tradr 2X Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tradr 2X's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Tradr 2X Long, and traders can use it to determine the average amount a Tradr 2X'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 = 0.0049
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| Negative Returns | SOXW |
Estimated Market Risk
| 3.8 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tradr 2X 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 Tradr 2X by adding Tradr 2X to a well-diversified portfolio.
About Tradr 2X Performance
Evaluating Tradr 2X's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tradr 2X 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 Tradr 2X 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.
Tradr 2X is entity of United States. It is traded as Etf on NASDAQ exchange.| Tradr 2X Long had very high historical volatility over the last 90 days | |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tradr 2X Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of Tradr 2X Long is measured differently than its book value, which is the value of Tradr that is recorded on the company's balance sheet. Investors also form their own opinion of Tradr 2X's value that differs from its market value or its book value, called intrinsic value, which is Tradr 2X'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 Tradr 2X's market value can be influenced by many factors that don't directly affect Tradr 2X'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 Tradr 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tradr 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tradr 2X'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.