ETFS Morningstar (Australia) Performance
| TECH Etf | 117.73 0.92 0.79% |
The etf shows a Beta (market volatility) of 0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, ETFS Morningstar's returns are expected to increase less than the market. However, during the bear market, the loss of holding ETFS Morningstar is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in ETFS Morningstar Global are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, ETFS Morningstar unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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ETFS |
ETFS Morningstar Relative Risk vs. Return Landscape
If you would invest 10,084 in ETFS Morningstar Global on November 5, 2024 and sell it today you would earn a total of 1,689 from holding ETFS Morningstar Global or generate 16.75% return on investment over 90 days. ETFS Morningstar Global is generating 0.2608% of daily returns and assumes 1.1566% volatility on return distribution over the 90 days horizon. Simply put, 10% of etfs are less volatile than ETFS, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ETFS Morningstar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETFS Morningstar's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETFS Morningstar Global, and traders can use it to determine the average amount a ETFS Morningstar'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 = 0.2255
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average ETFS Morningstar is performing at about 17% 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 ETFS Morningstar by adding it to a well-diversified portfolio.
ETFS Morningstar Fundamentals Growth
ETFS Etf prices reflect investors' perceptions of the future prospects and financial health of ETFS Morningstar, and ETFS Morningstar 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 ETFS Etf performance.
About ETFS Morningstar Performance
Assessing ETFS Morningstar's fundamental ratios provides investors with valuable insights into ETFS Morningstar's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ETFS Morningstar is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
ETFS Morningstar is entity of Australia. It is traded as Etf on AU exchange.| Latest headline from news.google.com: Worried About the Magnificent 7 ETFs to Diversify Tech-Heavy Portfolios - Yahoo Finance |
Other Information on Investing in ETFS Etf
ETFS Morningstar financial ratios help investors to determine whether ETFS Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ETFS with respect to the benefits of owning ETFS Morningstar security.