Exchange Traded Concepts Etf Performance
| COAL Etf | 23.98 0.14 0.58% |
The etf shows a Beta (market volatility) of 1.04, which means a somewhat significant risk relative to the market. Exchange Traded returns are very sensitive to returns on the market. As the market goes up or down, Exchange Traded is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Exchange Traded Concepts are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite quite unfluctuating basic indicators, Exchange Traded disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Queensland safeguards progressive coal royalty tiers | 09/12/2024 |
2 | Thai Coal Producer Banpus Unit Closes Flat In New York Debut After Raising 270 Million From IPO | 09/27/2024 |
3 | Controversial Study Claims LNG is Dirtier Than Coal | 10/18/2024 |
4 | Gas Reigns Supreme in U.S. Grid | 10/30/2024 |
5 | Coal a winner for Glencore | 11/01/2024 |
6 | Consol-Arch merger on track for 1Q, CEO says | 11/05/2024 |
7 | Arch Resources-Consol Energy merger on track for Q1, CEOs say | 11/06/2024 |
8 | India Seeks More Nuclear Power | 11/13/2024 |
9 | Indonesia Pledges to Retire All Coal Power Plants Within 15 Years | 11/21/2024 |
10 | Northstar-Backed Delta Dunia Doubles Down In Australia With 455 Million Coal Mine Purchase | 11/25/2024 |
11 | Power demand from data centers could be boon for coal miners | 11/29/2024 |
Exchange |
Exchange Traded Relative Risk vs. Return Landscape
If you would invest 2,123 in Exchange Traded Concepts on September 3, 2024 and sell it today you would earn a total of 275.00 from holding Exchange Traded Concepts or generate 12.95% return on investment over 90 days. Exchange Traded Concepts is currently generating 0.2037% in daily expected returns and assumes 1.6391% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of etfs are less volatile than Exchange, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Exchange Traded Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Exchange Traded's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Exchange Traded Concepts, and traders can use it to determine the average amount a Exchange Traded'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 = 0.1243
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | COAL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Exchange Traded is performing at about 9% 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 Exchange Traded by adding it to a well-diversified portfolio.
About Exchange Traded Performance
By examining Exchange Traded's fundamental ratios, stakeholders can obtain critical insights into Exchange Traded'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 Exchange Traded 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.
Exchange Traded is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from bizjournals.com: Power demand from data centers could be boon for coal miners |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Exchange Traded Concepts. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.