Stance Equity Esg Etf Performance
| STNC Etf | USD 32.43 0.01 0.03% |
The entity has a beta of 0.78, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Stance Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stance Equity is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Stance Equity ESG are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather inconsistent basic indicators, Stance Equity may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Long Term Investment Analysis - Stock Traders Daily | 09/23/2024 |
2 | Hennessy Advisors, Inc. Announces Listing Transfer for the Hennessy Stance ESG ETF to The Nasdaq Stock Market LLC | 11/25/2024 |
| In Threey Sharp Ratio | 0.07 |
Stance |
Stance Equity Relative Risk vs. Return Landscape
If you would invest 3,040 in Stance Equity ESG on August 30, 2024 and sell it today you would earn a total of 203.00 from holding Stance Equity ESG or generate 6.68% return on investment over 90 days. Stance Equity ESG is currently generating 0.1054% in daily expected returns and assumes 0.7422% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Stance, 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 |
Stance Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stance Equity's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Stance Equity ESG, and traders can use it to determine the average amount a Stance Equity'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 = 0.142
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| Cash | STNC | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Stance Equity is performing at about 11% 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 Stance Equity by adding it to a well-diversified portfolio.
Stance Equity Fundamentals Growth
Stance Etf prices reflect investors' perceptions of the future prospects and financial health of Stance Equity, and Stance Equity 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 Stance Etf performance.
| Total Asset | 40.12 M | |||
About Stance Equity Performance
By analyzing Stance Equity's fundamental ratios, stakeholders can gain valuable insights into Stance Equity's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Stance Equity 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 Stance Equity has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund is an actively managed exchange-traded fund that will invest, under normal circumstances at least 80 percent of the value of its net assets in exchange-traded equity securities of U.S. large capitalization issuers that meet environmental, social, and governance standards, as determined by its sub-adviser. Stance Equity is traded on NYSEARCA Exchange in the United States.| Latest headline from prnewswire.com: Hennessy Advisors, Inc. Announces Listing Transfer for the Hennessy Stance ESG ETF to The Nasdaq Stock Market LLC | |
| The fund maintains 99.35% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stance Equity ESG. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Stance Equity ESG is measured differently than its book value, which is the value of Stance that is recorded on the company's balance sheet. Investors also form their own opinion of Stance Equity's value that differs from its market value or its book value, called intrinsic value, which is Stance Equity'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 Stance Equity's market value can be influenced by many factors that don't directly affect Stance Equity'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 Stance Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stance Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stance Equity'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.