Opus Small Cap Etf Performance
| OSCV Etf | USD 37.20 0.25 0.68% |
The etf holds a Beta of 1.16, which implies 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, Opus Small will likely underperform.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Opus Small Cap has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable fundamental indicators, Opus Small is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Best ETFs To Protect You If Things Get Ugly That Can Still Gain - Investors Business Daily | 10/04/2024 |
2 | Trading Advice - Stock Traders Daily | 12/18/2024 |
| In Threey Sharp Ratio | 0.30 |
Opus |
Opus Small Relative Risk vs. Return Landscape
If you would invest 3,757 in Opus Small Cap on September 24, 2024 and sell it today you would lose (37.00) from holding Opus Small Cap or give up 0.98% of portfolio value over 90 days. Opus Small Cap is currently does not generate positive expected returns and assumes 1.0773% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Opus, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Opus Small Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Opus Small's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Opus Small Cap, and traders can use it to determine the average amount a Opus Small'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 = -0.0091
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OSCV |
Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Opus Small 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 Opus Small by adding Opus Small to a well-diversified portfolio.
Opus Small Fundamentals Growth
Opus Etf prices reflect investors' perceptions of the future prospects and financial health of Opus Small, and Opus Small 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 Opus Etf performance.
| Total Asset | 183.71 M | |||
About Opus Small Performance
Evaluating Opus Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Opus Small 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 Opus Small has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund is an actively managed exchange-traded fund that invests under normal circumstances at least 80 percent of its net assets in equity securities of small-capitalization U.S. companies. Opus Small is traded on NYSEARCA Exchange in the United States.| Opus Small Cap generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Trading Advice - Stock Traders Daily | |
| The fund maintains 95.81% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opus Small 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 main economic indicators. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Opus Small Cap is measured differently than its book value, which is the value of Opus that is recorded on the company's balance sheet. Investors also form their own opinion of Opus Small's value that differs from its market value or its book value, called intrinsic value, which is Opus Small'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 Opus Small's market value can be influenced by many factors that don't directly affect Opus Small'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 Opus Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opus Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opus Small'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.