Cambria Trinity Etf Performance
| TRTY Etf | USD 26.28 0.04 0.15% |
The etf shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cambria Trinity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cambria Trinity is expected to be smaller as well.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Cambria Trinity ETF are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Cambria Trinity is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.19 |
Cambria |
Cambria Trinity Relative Risk vs. Return Landscape
If you would invest 2,579 in Cambria Trinity ETF on August 30, 2024 and sell it today you would earn a total of 49.00 from holding Cambria Trinity ETF or generate 1.9% return on investment over 90 days. Cambria Trinity ETF is currently generating 0.0316% in daily expected returns and assumes 0.5953% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Cambria, 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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Cambria Trinity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cambria Trinity's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cambria Trinity ETF, and traders can use it to determine the average amount a Cambria Trinity'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 = 0.0531
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| Negative Returns | TRTY |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Cambria Trinity is performing at about 4% 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 Cambria Trinity by adding it to a well-diversified portfolio.
Cambria Trinity Fundamentals Growth
Cambria Etf prices reflect investors' perceptions of the future prospects and financial health of Cambria Trinity, and Cambria Trinity 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 Cambria Etf performance.
| Total Asset | 98.29 M | |||
About Cambria Trinity Performance
Evaluating Cambria Trinity's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cambria Trinity 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 Cambria Trinity 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 at least 80 percent of its total assets in affiliated and unaffiliated exchange-traded funds and other exchange-traded products that provide exposure to various investment asset classes, including equity and fixed income securities, real estate, commodities, and currencies, and factors such as value, momentum, and trend investing. Cambria Trinity is traded on BATS Exchange in the United States.| The fund maintains about 8.31% of its assets in bonds |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cambria Trinity ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of Cambria Trinity ETF is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Trinity's value that differs from its market value or its book value, called intrinsic value, which is Cambria Trinity'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 Cambria Trinity's market value can be influenced by many factors that don't directly affect Cambria Trinity'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 Cambria Trinity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Trinity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Trinity'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.