Siren Divcon Dividend Etf Performance
| DFND Etf | USD 42.48 0.04 0.09% |
The entity has a beta of -0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Siren DIVCON are expected to decrease at a much lower rate. During the bear market, Siren DIVCON is likely to outperform the market.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Siren DIVCON Dividend are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Siren DIVCON may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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Siren |
Siren DIVCON Relative Risk vs. Return Landscape
If you would invest 3,958 in Siren DIVCON Dividend on September 3, 2024 and sell it today you would earn a total of 290.00 from holding Siren DIVCON Dividend or generate 7.33% return on investment over 90 days. Siren DIVCON Dividend is currently generating 0.1428% in daily expected returns and assumes 2.5484% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of etfs are less volatile than Siren, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Siren DIVCON Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siren DIVCON's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Siren DIVCON Dividend, and traders can use it to determine the average amount a Siren DIVCON'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 = 0.056
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| Cash | Small Risk | DFND | High Risk | Huge Risk |
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Estimated Market Risk
| 2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Siren DIVCON is performing at about 4% 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 Siren DIVCON by adding it to a well-diversified portfolio.
Siren DIVCON Fundamentals Growth
Siren Etf prices reflect investors' perceptions of the future prospects and financial health of Siren DIVCON, and Siren DIVCON 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 Siren Etf performance.
| Price To Earning | 21.13 X | |||
| Price To Book | 4.58 X | |||
| Price To Sales | 1.38 X | |||
| Total Asset | 17.82 M | |||
About Siren DIVCON Performance
By analyzing Siren DIVCON's fundamental ratios, stakeholders can gain valuable insights into Siren DIVCON's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Siren DIVCON 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 Siren DIVCON has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The index is designed to select the companies for a long position that have the highest probability of increasing their dividend in a 12-month period and select the companies for a short position that have the highest probability of decreasing their dividend in a 12-month period. Siren Divcon is traded on BATS Exchange in the United States.