Macquarie Etf Trust Etf Performance
| STAX Etf | 25.37 0.01 0.04% |
The etf secures a Beta (Market Risk) of 0.0248, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Macquarie ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Macquarie ETF 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 Macquarie ETF Trust are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Macquarie ETF is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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Macquarie |
Macquarie ETF Relative Risk vs. Return Landscape
If you would invest 2,523 in Macquarie ETF Trust on August 25, 2024 and sell it today you would earn a total of 14.00 from holding Macquarie ETF Trust or generate 0.55% return on investment over 90 days. Macquarie ETF Trust is currently generating 0.0086% in daily expected returns and assumes 0.0896% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than Macquarie, 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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Macquarie ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Macquarie ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Macquarie ETF Trust, and traders can use it to determine the average amount a Macquarie ETF'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 = 0.0954
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Based on monthly moving average Macquarie ETF is performing at about 7% 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 Macquarie ETF by adding it to a well-diversified portfolio.
About Macquarie ETF Performance
Evaluating Macquarie ETF's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Macquarie ETF 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 Macquarie ETF 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.
Macquarie ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from finance.yahoo.com: Stax Welcomes Amy Schoeman as Global Head of Human Resources |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Macquarie ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Macquarie ETF Trust is measured differently than its book value, which is the value of Macquarie that is recorded on the company's balance sheet. Investors also form their own opinion of Macquarie ETF's value that differs from its market value or its book value, called intrinsic value, which is Macquarie ETF'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 Macquarie ETF's market value can be influenced by many factors that don't directly affect Macquarie ETF'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 Macquarie ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macquarie ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macquarie ETF'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.