Etc 6 Meridian Etf Performance
The etf owns a Beta (Systematic Risk) of -0.0912, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ETC 6 are expected to decrease at a much lower rate. During the bear market, ETC 6 is likely to outperform the market.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in ETC 6 Meridian are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong basic indicators, ETC 6 is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
| In Threey Sharp Ratio | 0.76 |
ETC 6 Relative Risk vs. Return Landscape
If you would invest 3,763 in ETC 6 Meridian on April 21, 2025 and sell it today you would earn a total of 75.00 from holding ETC 6 Meridian or generate 1.99% return on investment over 90 days. ETC 6 Meridian is currently generating 0.0327% in daily expected returns and assumes 0.5292% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than ETC, 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 |
ETC 6 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETC 6's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETC 6 Meridian, and traders can use it to determine the average amount a ETC 6'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 = 0.0618
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| Negative Returns | SIXH |
Estimated Market Risk
| 0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average ETC 6 is performing at about 4% 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 ETC 6 by adding it to a well-diversified portfolio.
ETC 6 Fundamentals Growth
ETC Etf prices reflect investors' perceptions of the future prospects and financial health of ETC 6, and ETC 6 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 ETC Etf performance.
| Total Asset | 265.2 M | |||
| ETC 6 Meridian is not yet fully synchronised with the market data | |
| ETC 6 Meridian has some characteristics of a very speculative penny stock | |
| The fund maintains 96.12% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Tools for ETC Etf
When running ETC 6's price analysis, check to measure ETC 6's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ETC 6 is operating at the current time. Most of ETC 6's value examination focuses on studying past and present price action to predict the probability of ETC 6's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ETC 6's price. Additionally, you may evaluate how the addition of ETC 6 to your portfolios can decrease your overall portfolio volatility.
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