Flexshares Credit Scored Corporate Etf Performance
| SKOR Etf | USD 46.91 0.17 0.36% |
The etf shows a Beta (market volatility) of -0.0662, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FlexShares Credit are expected to decrease at a much lower rate. During the bear market, FlexShares Credit is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days FlexShares Credit Scored Corporate has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, FlexShares Credit is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
| In Threey Sharp Ratio | -0.59 |
FlexShares |
FlexShares Credit Relative Risk vs. Return Landscape
If you would invest 4,715 in FlexShares Credit Scored Corporate on January 19, 2024 and sell it today you would lose (24.00) from holding FlexShares Credit Scored Corporate or give up 0.51% of portfolio value over 90 days. FlexShares Credit Scored Corporate is currently does not generate positive expected returns and assumes 0.2646% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than FlexShares, 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 |
FlexShares Credit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FlexShares Credit's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FlexShares Credit Scored Corporate, and traders can use it to determine the average amount a FlexShares Credit'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 = -0.0293
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| Negative Returns | SKOR |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FlexShares Credit 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 FlexShares Credit by adding FlexShares Credit to a well-diversified portfolio.
FlexShares Credit Fundamentals Growth
FlexShares Etf prices reflect investors' perceptions of the future prospects and financial health of FlexShares Credit, and FlexShares Credit 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 FlexShares Etf performance.
| Total Asset | 242.16 M | |||
About FlexShares Credit Performance
To evaluate FlexShares Credit 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 FlexShares Credit 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 FlexShares 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 FlexShares Credit market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents FlexShares'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 underlying index reflects the performance of a broad universe of intermediate maturity, US-dollar denominated investment grade corporate bonds that can potentially deliver a higher total return than the overall investment grade corporate bond market, as represented by the Northern Trust US Investment Grade Corporate Bond Index SM. Flexshares Credit is traded on NASDAQ Exchange in the United States.| FlexShares Credit generated a negative expected return over the last 90 days | |
| The fund created three year return of -1.0% | |
| FlexShares Credit maintains about 18.3% of its assets in bonds |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in FlexShares Credit Scored Corporate. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of FlexShares Credit is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Credit's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Credit'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 FlexShares Credit's market value can be influenced by many factors that don't directly affect FlexShares Credit'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 FlexShares Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Credit'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.