ETC On (UK) Performance
| WWTU Etf | 28.18 0.02 0.07% |
The etf owns a Beta (Systematic Risk) of -0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ETC On are expected to decrease at a much lower rate. During the bear market, ETC On is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days ETC on CMCI has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, ETC On is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
ETC |
ETC On Relative Risk vs. Return Landscape
If you would invest 3,020 in ETC on CMCI on September 4, 2024 and sell it today you would lose (202.00) from holding ETC on CMCI or give up 6.69% of portfolio value over 90 days. ETC on CMCI is generating negative expected returns and assumes 1.2932% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than ETC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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ETC On Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETC On's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETC on CMCI, and traders can use it to determine the average amount a ETC On'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 = -0.0772
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| Negative Returns | WWTU |
Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ETC On 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 ETC On by adding ETC On to a well-diversified portfolio.
About ETC On Performance
Assessing ETC On's fundamental ratios provides investors with valuable insights into ETC On's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ETC On 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.
ETC On is entity of United Kingdom. It is traded as Etf on LSE exchange.| ETC on CMCI generated a negative expected return over the last 90 days |
Other Information on Investing in ETC Etf
ETC On financial ratios help investors to determine whether ETC 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 ETC with respect to the benefits of owning ETC On security.