Flm Etf Performance
| FLM Etf | USD 56.39 0.43 0.77% |
The etf shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, FLM's returns are expected to increase less than the market. However, during the bear market, the loss of holding FLM is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in FLM are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of very inconsistent essential indicators, FLM displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | 0.30 |
FLM |
FLM Relative Risk vs. Return Landscape
If you would invest 5,550 in FLM on January 19, 2024 and sell it today you would earn a total of 89.00 from holding FLM or generate 1.6% return on investment over 90 days. FLM is generating 0.2015% of daily returns assuming volatility of 0.7483% on return distribution over 90 days investment horizon. In other words, 6% of etfs are less volatile than FLM, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
FLM Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FLM's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FLM, and traders can use it to determine the average amount a FLM'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 = 0.2693
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FLM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average FLM is performing at about 21% 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 FLM by adding it to a well-diversified portfolio.
FLM Fundamentals Growth
FLM Etf prices reflect investors' perceptions of the future prospects and financial health of FLM, and FLM 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 FLM Etf performance.
| Price To Earning | 14.59 X | |||
| Price To Book | 1.49 X | |||
| Price To Sales | 0.43 X | |||
| Total Asset | 7.11 M | |||
About FLM Performance
To evaluate FLM Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when FLM generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare FLM Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand FLM market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents FLM's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund will normally invest at least 90 percent of its net assets in the common stocks and depositary receipts that comprise the index. First Trust is traded on PCX Exchange in the United States.| FLM is not yet fully synchronised with the market data | |
| The fund retains 99.6% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of FLM is measured differently than its book value, which is the value of FLM that is recorded on the company's balance sheet. Investors also form their own opinion of FLM's value that differs from its market value or its book value, called intrinsic value, which is FLM'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 FLM's market value can be influenced by many factors that don't directly affect FLM'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 FLM's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLM'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.