Us Global Jets Etf Performance
| JETS Etf | USD 20.41 0.28 1.39% |
The entity owns a Beta (Systematic Risk) of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, US Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding US Global is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in US Global Jets are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, US Global may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
1 | Analysis No team has returned to Super Bowl for shot at a three-peat but dont count out the Chiefs | 02/13/2024 |
2 | Vikings are signing Sam Darnold to replace Kirk Cousins, AP source says | 03/12/2024 |
3 | Historic Concorde supersonic jet is making its way back to the Intrepid Museum after restoration | 03/13/2024 |
4 | UPDATE 1-United Airlines close to leasing Airbus jets, Bloomberg News reports | 03/14/2024 |
5 | One Mark Back For Boeing Cockpit Mishap Likely Caused LATAM Flight To Plunge | 03/15/2024 |
6 | Analysis Despite low trade value, Justin Fields still has potential to be a special player | 03/19/2024 |
7 | What does going Van Ginkel mean for Vikings | 03/25/2024 |
8 | Best airline ETFs and top transportation funds - AOL | 04/03/2024 |
9 | Delta Air Lines Stock Soars Over 50 percent In Under 6 Months - Can It Fly Higher | 04/10/2024 |
10 | Laurent Brossoit gets 3rd shutout, Jets 3-0 win keeps Stars from clinching Central Division | 04/12/2024 |
11 | The sons of several former NFL stars are ready to carve their path into the league through the draft | 04/17/2024 |
| In Threey Sharp Ratio | -0.20 |
JETS |
US Global Relative Risk vs. Return Landscape
If you would invest 1,811 in US Global Jets on January 19, 2024 and sell it today you would earn a total of 202.00 from holding US Global Jets or generate 11.15% return on investment over 90 days. US Global Jets is currently generating 0.1742% in daily expected returns and assumes 1.34% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than JETS, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
US Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as US Global Jets, and traders can use it to determine the average amount a US Global'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 = 0.13
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | JETS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average US Global is performing at about 10% 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 US Global by adding it to a well-diversified portfolio.
US Global Fundamentals Growth
JETS Etf prices reflect investors' perceptions of the future prospects and financial health of US Global, and US Global 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 JETS Etf performance.
| Price To Earning | 9.59 X | |||
| Price To Book | 2.09 X | |||
| Price To Sales | 0.76 X | |||
| Total Asset | 1.89 B | |||
About US Global Performance
To evaluate US Global Jets 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 US Global 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 JETS 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 US Global Jets market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents JETS'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 uses a passive management approach to track the performance, before fees and expenses, of the index. US Global is traded on NYSEARCA Exchange in the United States.| Latest headline from aol.com: The sons of several former NFL stars are ready to carve their path into the league through the draft | |
| US Global Jets created five year return of -8.0% | |
| This fund retains 99.44% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Jets. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of US Global Jets is measured differently than its book value, which is the value of JETS that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.