Spinnaker Etf Series Etf Performance
| TWIO Etf | USD 9.37 0.02 0.21% |
The entity has a beta of 0.0637, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Spinnaker ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spinnaker ETF is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Spinnaker ETF Series are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy forward indicators, Spinnaker ETF is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Where are the Opportunities in - Stock Traders Daily | 11/15/2024 |
| In Threey Sharp Ratio | -0.28 |
Spinnaker |
Spinnaker ETF Relative Risk vs. Return Landscape
If you would invest 922.00 in Spinnaker ETF Series on August 30, 2024 and sell it today you would earn a total of 15.00 from holding Spinnaker ETF Series or generate 1.63% return on investment over 90 days. Spinnaker ETF Series is currently generating 0.0261% in daily expected returns and assumes 0.3116% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than Spinnaker, 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 |
Spinnaker ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spinnaker ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Spinnaker ETF Series, and traders can use it to determine the average amount a Spinnaker ETF'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 = 0.0837
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| Negative Returns | TWIO |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Spinnaker ETF is performing at about 6% 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 Spinnaker ETF by adding it to a well-diversified portfolio.
Spinnaker ETF Fundamentals Growth
Spinnaker Etf prices reflect investors' perceptions of the future prospects and financial health of Spinnaker ETF, and Spinnaker ETF 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 Spinnaker Etf performance.
| Total Asset | 25.17 M | |||
About Spinnaker ETF Performance
By examining Spinnaker ETF's fundamental ratios, stakeholders can obtain critical insights into Spinnaker ETF's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Spinnaker ETF is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund seeks to achieve its investment objective by investing in a combination of domestic preferred securities, income producing fixed income securities, and income producing common stocks. Spinnaker Trajan is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Where are the Opportunities in - Stock Traders Daily | |
| The fund maintains most of the assets in different exotic instruments. |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spinnaker ETF Series. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF'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 Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF'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 Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF'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.