Fairlead Tactical Sector Etf Performance
| TACK Etf | USD 29.08 0.09 0.31% |
The etf shows a Beta (market volatility) of 0.73, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fairlead Tactical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fairlead Tactical 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 Fairlead Tactical Sector are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite quite uncertain fundamental indicators, Fairlead Tactical may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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Fairlead |
Fairlead Tactical Relative Risk vs. Return Landscape
If you would invest 2,708 in Fairlead Tactical Sector on August 31, 2024 and sell it today you would earn a total of 200.00 from holding Fairlead Tactical Sector or generate 7.39% return on investment over 90 days. Fairlead Tactical Sector is currently generating 0.1131% in daily expected returns and assumes 0.5918% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Fairlead, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Fairlead Tactical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fairlead Tactical's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fairlead Tactical Sector, and traders can use it to determine the average amount a Fairlead Tactical'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 = 0.1911
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| Cash | TACK | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Fairlead Tactical is performing at about 15% 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 Fairlead Tactical by adding it to a well-diversified portfolio.
Fairlead Tactical Fundamentals Growth
Fairlead Etf prices reflect investors' perceptions of the future prospects and financial health of Fairlead Tactical, and Fairlead Tactical 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 Fairlead Etf performance.
| Total Asset | 150.43 M | |||
About Fairlead Tactical Performance
By examining Fairlead Tactical's fundamental ratios, stakeholders can obtain critical insights into Fairlead Tactical's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Fairlead Tactical is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund is a diversified actively-managed ETF that under normal circumstances will invest more than 80 percent of the funds net assets in passive domestic equity sector ETFs and ETFs investing respectively in gold and U.S. Capitol Fairlead is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Bitcoin ETFs Are a Hot Trump Trade. How to Pick the Best Ones. - MSN | |
| The fund maintains most of the assets in different exotic instruments. |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Fairlead Tactical Sector. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Fairlead Tactical Sector is measured differently than its book value, which is the value of Fairlead that is recorded on the company's balance sheet. Investors also form their own opinion of Fairlead Tactical's value that differs from its market value or its book value, called intrinsic value, which is Fairlead Tactical'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 Fairlead Tactical's market value can be influenced by many factors that don't directly affect Fairlead Tactical'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 Fairlead Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fairlead Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fairlead Tactical'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.