Evolve Canadian Utilities Etf Performance
| UTES Etf | 8.95 0.02 0.22% |
The etf shows a Beta (market volatility) of -0.0659, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Evolve Canadian are expected to decrease at a much lower rate. During the bear market, Evolve Canadian is likely to outperform the market.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Evolve Canadian Utilities has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Evolve Canadian is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Virtus Reaves Utilities ETF Stock Quote - Markets Financial Content | 11/10/2025 |
2 | Mondays ETF Movers SLVR, UTES - Nasdaq | 01/05/2026 |
Evolve |
Evolve Canadian Relative Risk vs. Return Landscape
If you would invest 909.00 in Evolve Canadian Utilities on October 12, 2025 and sell it today you would lose (14.00) from holding Evolve Canadian Utilities or give up 1.54% of portfolio value over 90 days. Evolve Canadian Utilities is generating negative expected returns and assumes 0.5774% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than Evolve, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Evolve Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Canadian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve Canadian Utilities, and traders can use it to determine the average amount a Evolve Canadian'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 = -0.0412
| High Returns | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | UTES |
Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evolve Canadian is not performing at its full potential. However, 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 Evolve Canadian by adding Evolve Canadian to a well-diversified portfolio.
About Evolve Canadian Performance
By examining Evolve Canadian's fundamental ratios, stakeholders can obtain critical insights into Evolve Canadian'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 Evolve Canadian 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.
Evolve Canadian is entity of Canada. It is traded as Etf on TO exchange.| Evolve Canadian generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Mondays ETF Movers SLVR, UTES - Nasdaq |
Other Information on Investing in Evolve Etf
Evolve Canadian financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Canadian security.