BioShares Biotechnology Performance

BioShares Biotechnology Clinical Trials -- USA Etf  

USD 30.75  0.51  1.63%

The organization shows Beta (market volatility) of 1.1241 which signifies that BioShares Biotechnology returns are very sensitive to returns on the market. as market goes up or down, BioShares Biotechnology is expected to follow.. Although it is vital to follow to BioShares Biotechnology historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. We have found twenty-one technical indicators for BioShares Biotechnology Clinical Trials which you can use to evaluate performance of the entity.
 Time Horizon     30 Days    Login   to change

BioShares Biotechnology Relative Risk vs. Return Landscape

If you would invest  2,839  in BioShares Biotechnology Clinical Trials on December 22, 2017 and sell it today you would earn a total of  287  from holding BioShares Biotechnology Clinical Trials or generate 10.11% return on investment over 30 days. BioShares Biotechnology Clinical Trials is generating 0.5514% of daily returns assuming volatility of 1.7754% on return distribution over 30 days investment horizon. In other words, 16% of equities are less volatile than the company and above 90% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, BioShares Biotechnology Clinical Trials is expected to generate 3.89 times more return on investment than the market. However, the company is 3.89 times more volatile than its market benchmark. It trades about 0.31 of its potential returns per unit of risk. The DOW is currently generating roughly 0.6 per unit of risk.

Price to Book

BioShares Biotechnology Price to Book
Based on latest financial disclosure the price to book indicator of BioShares Biotechnology Clinical Trials is roughly 1.75 times. This is 2.34% higher than that of the Bio Shares family, and 2.64% higher than that of Health category, The Price to Book for all etfs is 80.41% lower than the firm.
  to Book 
      BioShares Biotechnology Comparables 
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

BioShares Biotechnology Daily Price Distribution

The median price of BioShares Biotechnology for the period between Fri, Dec 22, 2017 and Sun, Jan 21, 2018 is 29.32 with a coefficient of variation of 4.1. The daily time series for the period is distributed with a sample standard deviation of 1.2, arithmetic mean of 29.23, and mean deviation of 1.0. The Etf received some media coverage during the period.
20 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in BioShares Biotechnology Clinical Trials are ranked lower than 20 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

BioShares Biotechnology Sharpe Ratio = 0.3106
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Estimated Market Risk

 1.78
  actual daily
 
 84 %
of total potential
  

Expected Return

 0.55
  actual daily
 
 10 %
of total potential
  

Risk-Adjusted Return

 0.31
  actual daily
 
 20 %
of total potential
  
Based on monthly moving average BioShares Biotechnology is performing at about 20% 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 BioShares Biotechnology by adding it to a well-diversified portfolio.

Dividends

BioShares Biotechnology Dividends Analysis
Check BioShares Biotechnology dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends