Pgal Etf Performance
| PGAL Etf | USD 10.32 0.00 0.00% |
The etf owns a Beta (Systematic Risk) of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PGAL are expected to decrease at a much lower rate. During the bear market, PGAL is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days PGAL has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, PGAL is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| In Threey Sharp Ratio | 0.07 |
PGAL |
PGAL Relative Risk vs. Return Landscape
If you would invest (100.00) in PGAL on January 25, 2024 and sell it today you would earn a total of 100.00 from holding PGAL or generate -100.0% return on investment over 90 days. PGAL is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than PGAL, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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PGAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PGAL's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as PGAL, and traders can use it to determine the average amount a PGAL'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 = 0.0
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Based on monthly moving average PGAL 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 PGAL by adding PGAL to a well-diversified portfolio.
PGAL Fundamentals Growth
PGAL Etf prices reflect investors' perceptions of the future prospects and financial health of PGAL, and PGAL 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 PGAL Etf performance.
| Price To Earning | 13.57 X | |||
| Price To Book | 0.98 X | |||
| Price To Sales | 0.60 X | |||
| Total Asset | 16.85 M | |||
About PGAL Performance
To evaluate PGAL 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 PGAL 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 PGAL 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 PGAL market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents PGAL'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 invest at least 80 percent of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. Gx MSCI is traded on NYSEARCA Exchange in the United States.| PGAL is not yet fully synchronised with the market data | |
| The fund created-2.0 ten year return of -2.0% | |
| PGAL maintains 100.98% of its assets in stocks |
Check out Your Equity Center 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 nation. Note that the PGAL information on this page should be used as a complementary analysis to other PGAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of PGAL is measured differently than its book value, which is the value of PGAL that is recorded on the company's balance sheet. Investors also form their own opinion of PGAL's value that differs from its market value or its book value, called intrinsic value, which is PGAL'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 PGAL's market value can be influenced by many factors that don't directly affect PGAL'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 PGAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGAL'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.