Alphamark Actively Managed Etf Performance
| SMCP Etf | USD 34.75 0.24 0.70% |
The etf shows a Beta (market volatility) of 1.48, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AlphaMark Actively will likely underperform.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in AlphaMark Actively Managed are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Even with relatively unfluctuating fundamental indicators, AlphaMark Actively may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Neogen Announces First-Quarter Earnings Release Date - Quantisnow | 09/19/2024 |
2 | EXCLUSIVE SMCP Appoints Ida Simonsen President and Chief Executive Officer for NorthAmerica | 10/02/2024 |
| In Threey Sharp Ratio | 0.20 |
AlphaMark |
AlphaMark Actively Relative Risk vs. Return Landscape
If you would invest 3,111 in AlphaMark Actively Managed on September 12, 2024 and sell it today you would earn a total of 364.00 from holding AlphaMark Actively Managed or generate 11.7% return on investment over 90 days. AlphaMark Actively Managed is currently generating 0.1809% in daily expected returns and assumes 1.2773% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than AlphaMark, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
AlphaMark Actively Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AlphaMark Actively's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AlphaMark Actively Managed, and traders can use it to determine the average amount a AlphaMark Actively'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 = 0.1417
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average AlphaMark Actively is performing at about 11% 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 AlphaMark Actively by adding it to a well-diversified portfolio.
AlphaMark Actively Fundamentals Growth
AlphaMark Etf prices reflect investors' perceptions of the future prospects and financial health of AlphaMark Actively, and AlphaMark Actively 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 AlphaMark Etf performance.
| Price To Earning | 16.32 X | |||
| Price To Book | 2.01 X | |||
| Price To Sales | 1.36 X | |||
| Total Asset | 19.16 M | |||
About AlphaMark Actively Performance
Assessing AlphaMark Actively's fundamental ratios provides investors with valuable insights into AlphaMark Actively's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the AlphaMark Actively 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.
Under normal circumstances, the fund will invest at least 80 percent of its net assets directly or indirectly in small cap companies. Alphamark Actmg is traded on NASDAQ Exchange in the United States.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AlphaMark Actively Managed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of AlphaMark Actively is measured differently than its book value, which is the value of AlphaMark that is recorded on the company's balance sheet. Investors also form their own opinion of AlphaMark Actively's value that differs from its market value or its book value, called intrinsic value, which is AlphaMark Actively'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 AlphaMark Actively's market value can be influenced by many factors that don't directly affect AlphaMark Actively'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 AlphaMark Actively's value and its price as these two are different measures arrived at by different means. Investors typically determine if AlphaMark Actively is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AlphaMark Actively'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.