Vident Core Bond Etf Performance
| VBND Etf | USD 43.78 0.36 0.83% |
The entity has a beta of -0.0594, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vident Core are expected to decrease at a much lower rate. During the bear market, Vident Core is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Vident Core Bond has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Vident Core is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Vident Announces Final Capital Gains Distributions - Business Wire | 11/12/2024 |
| In Threey Sharp Ratio | -0.73 |
Vident |
Vident Core Relative Risk vs. Return Landscape
If you would invest 4,414 in Vident Core Bond on August 27, 2024 and sell it today you would lose (36.00) from holding Vident Core Bond or give up 0.82% of portfolio value over 90 days. Vident Core Bond is currently does not generate positive expected returns and assumes 0.3172% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than Vident, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Vident Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vident Core's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Vident Core Bond, and traders can use it to determine the average amount a Vident Core'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 = -0.0388
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VBND |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 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 Vident Core 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 Vident Core by adding Vident Core to a well-diversified portfolio.
Vident Core Fundamentals Growth
Vident Etf prices reflect investors' perceptions of the future prospects and financial health of Vident Core, and Vident Core 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 Vident Etf performance.
| Total Asset | 360.73 M | |||
About Vident Core Performance
By analyzing Vident Core's fundamental ratios, stakeholders can gain valuable insights into Vident Core's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Vident Core 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 Vident Core has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and TBA securities representing such component securities. Vident Core is traded on NYSEARCA Exchange in the United States.| Vident Core Bond generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Vident Announces Final Capital Gains Distributions - Business Wire | |
| The fund created three year return of -2.0% | |
| Vident Core Bond keeps most of the net assets in exotic instruments. |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vident Core Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Vident Core Bond is measured differently than its book value, which is the value of Vident that is recorded on the company's balance sheet. Investors also form their own opinion of Vident Core's value that differs from its market value or its book value, called intrinsic value, which is Vident Core'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 Vident Core's market value can be influenced by many factors that don't directly affect Vident Core'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 Vident Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vident Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vident Core'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.