Etf Opportunities Trust Etf Performance
| WLTG Etf | USD 30.07 0.63 2.05% |
The etf shows a Beta (market volatility) of 0.0481, which means not very significant fluctuations relative to the market. As returns on the market increase, ETF Opportunities' returns are expected to increase less than the market. However, during the bear market, the loss of holding ETF Opportunities is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ETF Opportunities Trust has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, ETF Opportunities is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| In Threey Sharp Ratio | 0.41 |
ETF |
ETF Opportunities Relative Risk vs. Return Landscape
If you would invest 3,012 in ETF Opportunities Trust on November 27, 2024 and sell it today you would lose (5.00) from holding ETF Opportunities Trust or give up 0.17% of portfolio value over 90 days. ETF Opportunities Trust is currently generating 0.0016% in daily expected returns and assumes 0.9548% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than ETF, 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 |
ETF Opportunities Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETF Opportunities' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETF Opportunities Trust, and traders can use it to determine the average amount a ETF Opportunities' 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 = 0.0017
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WLTG |
Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ETF Opportunities 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 ETF Opportunities by adding ETF Opportunities to a well-diversified portfolio.
ETF Opportunities Fundamentals Growth
ETF Etf prices reflect investors' perceptions of the future prospects and financial health of ETF Opportunities, and ETF Opportunities 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 ETF Etf performance.
| Total Asset | 10.29 M | |||
About ETF Opportunities Performance
By analyzing ETF Opportunities' fundamental ratios, stakeholders can gain valuable insights into ETF Opportunities' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ETF Opportunities 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 ETF Opportunities has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The funds investment strategy is based on the belief that long term superior performance of a portfolio is driven by two factors 1 tactical allocation is accomplished by identifying positive trends for asset classes, sectors, and industries and 2 equity stock selection is based on quantitative analysis with an emphasis on earnings. ETF Opportunities is traded on NYSEARCA Exchange in the United States.| The fund keeps 90.56% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ETF Opportunities Trust. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of ETF Opportunities Trust is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Opportunities' value that differs from its market value or its book value, called intrinsic value, which is ETF Opportunities' 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 ETF Opportunities' market value can be influenced by many factors that don't directly affect ETF Opportunities' 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 ETF Opportunities' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Opportunities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Opportunities' 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.