Cornercap Fundametrics Large Cap Etf Performance
| FUNL Etf | USD 44.80 0.02 0.04% |
The etf shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CornerCap Fundametrics' returns are expected to increase less than the market. However, during the bear market, the loss of holding CornerCap Fundametrics is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in CornerCap Fundametrics Large Cap are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, CornerCap Fundametrics may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| In Threey Sharp Ratio | 0.33 |
CornerCap |
CornerCap Fundametrics Relative Risk vs. Return Landscape
If you would invest 4,128 in CornerCap Fundametrics Large Cap on August 30, 2024 and sell it today you would earn a total of 352.00 from holding CornerCap Fundametrics Large Cap or generate 8.53% return on investment over 90 days. CornerCap Fundametrics Large Cap is currently generating 0.1324% in daily expected returns and assumes 0.6997% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than CornerCap, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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CornerCap Fundametrics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CornerCap Fundametrics' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CornerCap Fundametrics Large Cap, and traders can use it to determine the average amount a CornerCap Fundametrics' 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 = 0.1892
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Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average CornerCap Fundametrics is performing at about 14% 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 CornerCap Fundametrics by adding it to a well-diversified portfolio.
CornerCap Fundametrics Fundamentals Growth
CornerCap Etf prices reflect investors' perceptions of the future prospects and financial health of CornerCap Fundametrics, and CornerCap Fundametrics 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 CornerCap Etf performance.
| Total Asset | 120.47 M | |||
About CornerCap Fundametrics Performance
By examining CornerCap Fundametrics' fundamental ratios, stakeholders can obtain critical insights into CornerCap Fundametrics' 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 CornerCap Fundametrics 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.
The fund is an actively managed exchange traded fund that invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative research system Fundametrics developed by CornerCap Investment Counsel, Inc. Cornercap Fundametrics is traded on BATS Exchange in the United States.| The fund retains 98.94% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in CornerCap Fundametrics Large Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of CornerCap Fundametrics is measured differently than its book value, which is the value of CornerCap that is recorded on the company's balance sheet. Investors also form their own opinion of CornerCap Fundametrics' value that differs from its market value or its book value, called intrinsic value, which is CornerCap Fundametrics' 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 CornerCap Fundametrics' market value can be influenced by many factors that don't directly affect CornerCap Fundametrics' 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 CornerCap Fundametrics' value and its price as these two are different measures arrived at by different means. Investors typically determine if CornerCap Fundametrics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CornerCap Fundametrics' 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.