Clough Global Opportunities Etf Performance
| XGLOX Etf | USD 6.17 0.04 0.64% |
The etf shows a Beta (market volatility) of 0.0806, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Clough Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Clough Global is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Clough Global Opportunities has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Clough Global is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
| Expense Ratio | 3.4200 |
Clough |
Clough Global Relative Risk vs. Return Landscape
If you would invest 620.00 in Clough Global Opportunities on September 13, 2024 and sell it today you would lose (3.00) from holding Clough Global Opportunities or give up 0.48% of portfolio value over 90 days. Clough Global Opportunities is currently producing negative expected returns and takes up 0.604% volatility of returns over 90 trading days. Put another way, 5% of traded etfs are less volatile than Clough, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Clough Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clough Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Clough Global Opportunities, and traders can use it to determine the average amount a Clough Global'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 = -0.0096
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| Negative Returns | XGLOX |
Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Clough Global 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 Clough Global by adding Clough Global to a well-diversified portfolio.
Clough Global Fundamentals Growth
Clough Etf prices reflect investors' perceptions of the future prospects and financial health of Clough Global, and Clough Global 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 Clough Etf performance.
About Clough Global Performance
Evaluating Clough Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Clough Global 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 Clough Global 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.
Clough Global is entity of United States. It is traded as Etf on NMFQS exchange.| Clough Global Opport generated a negative expected return over the last 90 days |
Other Information on Investing in Clough Etf
Clough Global financial ratios help investors to determine whether Clough 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 Clough with respect to the benefits of owning Clough Global security.