Fm Opportunistic Income Etf Performance
| XFIX Etf | 52.39 0.06 0.11% |
The etf owns a Beta (Systematic Risk) of -0.0057, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fm Opportunistic are expected to decrease at a much lower rate. During the bear market, Fm Opportunistic is likely to outperform the market.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Fm Opportunistic Income are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong forward indicators, Fm Opportunistic is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Short Interest in Fm Opportunistic Income ETF Increases By 166.7 percent - Defense World | 09/25/2024 |
2 | Technical Data - Stock Traders Daily | 11/19/2024 |
XFIX |
Fm Opportunistic Relative Risk vs. Return Landscape
If you would invest 5,225 in Fm Opportunistic Income on August 29, 2024 and sell it today you would earn a total of 14.00 from holding Fm Opportunistic Income or generate 0.27% return on investment over 90 days. Fm Opportunistic Income is currently generating 0.0046% in daily expected returns and assumes 0.2767% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than XFIX, 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 |
Fm Opportunistic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fm Opportunistic's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fm Opportunistic Income, and traders can use it to determine the average amount a Fm Opportunistic'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 = 0.0165
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| Negative Returns | XFIX |
Estimated Market Risk
| 0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Fm Opportunistic is performing at about 1% 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 Fm Opportunistic by adding it to a well-diversified portfolio.
About Fm Opportunistic Performance
Evaluating Fm Opportunistic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fm Opportunistic 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 Fm Opportunistic 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.
Fm Opportunistic is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from news.google.com: Technical Data - Stock Traders Daily |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Fm Opportunistic Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Fm Opportunistic Income is measured differently than its book value, which is the value of XFIX that is recorded on the company's balance sheet. Investors also form their own opinion of Fm Opportunistic's value that differs from its market value or its book value, called intrinsic value, which is Fm Opportunistic'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 Fm Opportunistic's market value can be influenced by many factors that don't directly affect Fm Opportunistic'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 Fm Opportunistic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fm Opportunistic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fm Opportunistic'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.