BetaShares Solar (Australia) Performance
| TANN Etf | 6.50 0.14 2.11% |
The etf shows a Beta (market volatility) of 0.0159, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BetaShares Solar's returns are expected to increase less than the market. However, during the bear market, the loss of holding BetaShares Solar is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days BetaShares Solar ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Etf's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the exchange-traded fund private investors. ...more
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BetaShares Solar Relative Risk vs. Return Landscape
If you would invest 742.00 in BetaShares Solar ETF on September 22, 2024 and sell it today you would lose (92.00) from holding BetaShares Solar ETF or give up 12.4% of portfolio value over 90 days. BetaShares Solar ETF is generating negative expected returns and assumes 1.8904% volatility on return distribution over the 90 days horizon. Simply put, 16% of etfs are less volatile than BetaShares, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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BetaShares Solar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaShares Solar's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaShares Solar ETF, and traders can use it to determine the average amount a BetaShares Solar'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 = -0.0981
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| Negative Returns | TANN |
Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BetaShares Solar 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 BetaShares Solar by adding BetaShares Solar to a well-diversified portfolio.
About BetaShares Solar Performance
Assessing BetaShares Solar's fundamental ratios provides investors with valuable insights into BetaShares Solar's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the BetaShares Solar is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
BetaShares Solar is entity of Australia. It is traded as Etf on AU exchange.| BetaShares Solar ETF generated a negative expected return over the last 90 days |
Other Information on Investing in BetaShares Etf
BetaShares Solar financial ratios help investors to determine whether BetaShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BetaShares with respect to the benefits of owning BetaShares Solar security.