Syntax Etf Performance
| SSLY Etf | USD 45.95 0.00 0.00% |
The entity has a beta of -0.0781, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Syntax are expected to decrease at a much lower rate. During the bear market, Syntax is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Syntax are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong essential indicators, Syntax is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.10 |
Syntax |
Syntax Relative Risk vs. Return Landscape
If you would invest 4,557 in Syntax on September 15, 2024 and sell it today you would earn a total of 38.00 from holding Syntax or generate 0.83% return on investment over 90 days. Syntax is currently generating 0.0792% in daily expected returns and assumes 0.9004% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Syntax, 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 |
Syntax Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Syntax's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Syntax, and traders can use it to determine the average amount a Syntax'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 = 0.088
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Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Syntax 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 Syntax by adding it to a well-diversified portfolio.
Syntax Fundamentals Growth
Syntax Etf prices reflect investors' perceptions of the future prospects and financial health of Syntax, and Syntax 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 Syntax Etf performance.
| Total Asset | 17.79 M | |||
About Syntax Performance
Evaluating Syntax's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Syntax 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 Syntax 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.
Under normal market conditions, the fund invests substantially all, and at least 80 percent of its total assets in the securities comprising the index. Syntax Stratified is traded on NYSEARCA Exchange in the United States.| Syntax is not yet fully synchronised with the market data | |
| The fund created three year return of -1.0% | |
| Syntax maintains 99.82% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Syntax is measured differently than its book value, which is the value of Syntax that is recorded on the company's balance sheet. Investors also form their own opinion of Syntax's value that differs from its market value or its book value, called intrinsic value, which is Syntax'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 Syntax's market value can be influenced by many factors that don't directly affect Syntax'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 Syntax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Syntax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Syntax'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.