Evolve Enhanced Yield Etf Performance
| BOND Etf | 19.74 0.08 0.40% |
The etf shows a Beta (market volatility) of 0.0685, which means not very significant fluctuations relative to the market. As returns on the market increase, Evolve Enhanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve Enhanced is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Evolve Enhanced Yield has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Evolve Enhanced is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Ways To Lock In 5 percent Yields On Your Cash Before Theyre Gone - Investors Business Daily | 09/26/2024 |
2 | Vanguard Offers 2 New Active Muni Bond ETFs - ETFdb.com | 11/21/2024 |
Evolve |
Evolve Enhanced Relative Risk vs. Return Landscape
If you would invest 2,062 in Evolve Enhanced Yield on September 5, 2024 and sell it today you would lose (88.00) from holding Evolve Enhanced Yield or give up 4.27% of portfolio value over 90 days. Evolve Enhanced Yield is generating negative expected returns and assumes 0.6924% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than Evolve, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Evolve Enhanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Enhanced's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve Enhanced Yield, and traders can use it to determine the average amount a Evolve Enhanced'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 = -0.095
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BOND |
Estimated Market Risk
| 0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evolve Enhanced 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 Evolve Enhanced by adding Evolve Enhanced to a well-diversified portfolio.
About Evolve Enhanced Performance
By examining Evolve Enhanced's fundamental ratios, stakeholders can obtain critical insights into Evolve Enhanced's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Evolve Enhanced is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Evolve Enhanced is entity of Canada. It is traded as Etf on TO exchange.| Evolve Enhanced generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Vanguard Offers 2 New Active Muni Bond ETFs - ETFdb.com |
Other Information on Investing in Evolve Etf
Evolve Enhanced financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Enhanced security.