Zacks Trust Etf Performance
| SMIZ Etf | 36.44 0.21 0.57% |
The entity maintains a market beta of 1.23, which attests to 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, Zacks Trust will likely underperform.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Zacks Trust are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak forward indicators, Zacks Trust showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Avior Wealth Management LLC Grows Stock Position in Zacks SmallMid Cap Core Portfolio ETF | 11/19/2024 |
Zacks |
Zacks Trust Relative Risk vs. Return Landscape
If you would invest 3,220 in Zacks Trust on August 30, 2024 and sell it today you would earn a total of 424.00 from holding Zacks Trust or generate 13.17% return on investment over 90 days. Zacks Trust is currently generating 0.2021% in daily expected returns and assumes 1.0634% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Zacks, and 96% 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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Zacks Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zacks Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Zacks Trust, and traders can use it to determine the average amount a Zacks Trust'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 = 0.19
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Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Zacks Trust 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 Zacks Trust by adding it to a well-diversified portfolio.
Zacks Trust Fundamentals Growth
Zacks Etf prices reflect investors' perceptions of the future prospects and financial health of Zacks Trust, and Zacks Trust 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 Zacks Etf performance.
About Zacks Trust Performance
Evaluating Zacks Trust's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Zacks Trust 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 Zacks Trust 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.
Zacks Trust is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from thelincolnianonline.com: Avior Wealth Management LLC Grows Stock Position in Zacks SmallMid Cap Core Portfolio ETF |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Zacks Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Zacks Trust is measured differently than its book value, which is the value of Zacks that is recorded on the company's balance sheet. Investors also form their own opinion of Zacks Trust's value that differs from its market value or its book value, called intrinsic value, which is Zacks Trust'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 Zacks Trust's market value can be influenced by many factors that don't directly affect Zacks Trust'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 Zacks Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zacks Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zacks Trust'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.