Spac And New Etf Performance
| SPCX Etf | USD 23.61 0.02 0.08% |
The entity owns a Beta (Systematic Risk) of -0.0676, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SPAC are expected to decrease at a much lower rate. During the bear market, SPAC is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SPAC and New are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong fundamental indicators, SPAC is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Long Term Trading Analysis for - Stock Traders Daily | 10/28/2024 |
SPAC |
SPAC Relative Risk vs. Return Landscape
If you would invest 2,253 in SPAC and New on September 2, 2024 and sell it today you would earn a total of 108.00 from holding SPAC and New or generate 4.79% return on investment over 90 days. SPAC and New is currently generating 0.0763% in daily expected returns and assumes 0.8015% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than SPAC, 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 |
SPAC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPAC's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPAC and New, and traders can use it to determine the average amount a SPAC'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 = 0.0952
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Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average SPAC is performing at about 7% 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 SPAC by adding it to a well-diversified portfolio.
SPAC Fundamentals Growth
SPAC Etf prices reflect investors' perceptions of the future prospects and financial health of SPAC, and SPAC 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 SPAC Etf performance.
| Total Asset | 30.18 M | |||
About SPAC Performance
Evaluating SPAC's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if SPAC 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 SPAC 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.
Under normal circumstances, at least 80 percent of the funds net assets, plus borrowings for investment purposes, will be invested in units and shares of Special Purpose Acquisitions Companies that have a minimum capitalization of 100 million and companies that completed an initial public offering within the last two years. Spac is traded on NASDAQ Exchange in the United States.| The fund created three year return of -5.0% | |
| SPAC and New maintains 99.9% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPAC and New. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of SPAC and New is measured differently than its book value, which is the value of SPAC that is recorded on the company's balance sheet. Investors also form their own opinion of SPAC's value that differs from its market value or its book value, called intrinsic value, which is SPAC'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 SPAC's market value can be influenced by many factors that don't directly affect SPAC'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 SPAC's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPAC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPAC'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.