The 2023 Etf Performance
| QLTY Etf | 34.22 0.57 1.69% |
The etf shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. 2023 ETF returns are very sensitive to returns on the market. As the market goes up or down, 2023 ETF is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in The 2023 ETF are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, 2023 ETF may actually be approaching a critical reversion point that can send shares even higher in September 2025. ...more
1 | Disposition of 42506 shares by Miklich Thomas R of 2023 ETF at 16.0 subject to Rule 16b-3 | 05/14/2025 |
2 | Acquisition by Falk Robert H of 6666 shares of 2023 ETF subject to Rule 16b-3 | 07/18/2025 |
2023 ETF Relative Risk vs. Return Landscape
If you would invest 3,115 in The 2023 ETF on May 6, 2025 and sell it today you would earn a total of 307.00 from holding The 2023 ETF or generate 9.86% return on investment over 90 days. The 2023 ETF is currently generating 0.1525% in daily expected returns and assumes 0.8084% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than 2023, and 97% 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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2023 ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 2023 ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as The 2023 ETF, and traders can use it to determine the average amount a 2023 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 = 0.1886
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.15 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average 2023 ETF is performing at about 14% 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 2023 ETF by adding it to a well-diversified portfolio.
2023 ETF Fundamentals Growth
2023 Etf prices reflect investors' perceptions of the future prospects and financial health of 2023 ETF, and 2023 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 2023 Etf performance.
| Price To Earning | 22.21 X | |||
| Revenue | 991.76 M | |||
| Cash And Equivalents | 1.36 M | |||
| Cash Per Share | 0.23 X | |||
| Total Debt | 351.3 M | |||
| Debt To Equity | (14.50) % | |||
| Cash Flow From Operations | 34.17 M | |||
| Total Asset | 427.78 M | |||
| Retained Earnings | (249.87 M) | |||
| Current Asset | 191.97 M | |||
| Current Liabilities | 76.95 M | |||
About 2023 ETF Performance
Evaluating 2023 ETF's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 2023 ETF 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 2023 ETF 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.
Quality Distribution, Inc., through with its subsidiaries, transports bulk chemicals in North America.| Latest headline from MacroaxisInsider: Acquisition by Falk Robert H of 6666 shares of 2023 ETF subject to Rule 16b-3 | |
| The fund maintains all of the assets in different exotic instruments |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The 2023 ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 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.