Ft Cboe Vest Etf Performance
| XOCT Etf | 34.32 0.01 0.03% |
The etf owns a Beta (Systematic Risk) of 0.0312, which means not very significant fluctuations relative to the market. As returns on the market increase, FT Cboe's returns are expected to increase less than the market. However, during the bear market, the loss of holding FT Cboe is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in FT Cboe Vest are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable fundamental indicators, FT Cboe is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
XOCT |
FT Cboe Relative Risk vs. Return Landscape
If you would invest 3,370 in FT Cboe Vest on August 29, 2024 and sell it today you would earn a total of 62.00 from holding FT Cboe Vest or generate 1.84% return on investment over 90 days. FT Cboe Vest is currently generating 0.0287% in daily expected returns and assumes 0.2177% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than XOCT, 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 |
FT Cboe Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FT Cboe's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FT Cboe Vest, and traders can use it to determine the average amount a FT Cboe'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 = 0.132
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XOCT |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average FT Cboe is performing at about 10% 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 FT Cboe by adding it to a well-diversified portfolio.
About FT Cboe Performance
Assessing FT Cboe's fundamental ratios provides investors with valuable insights into FT Cboe's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the FT Cboe 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.