Ubs Etracs Etf Performance
| WTID Etf | USD 13.64 0.33 2.36% |
The entity has a beta of -1.69, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning UBS ETRACS are expected to decrease by larger amounts. On the other hand, during market turmoil, UBS ETRACS is expected to outperform it.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days UBS ETRACS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Etf's forward indicators remain rather sound which may send shares a bit higher in May 2024. The latest tumult may also be a sign of longer-term up-swing for the fund shareholders. ...more
1 | MicroSectors Energy -3X Inverse Leveraged ETN Trading Down 2.1 percent - Defense World | 03/27/2024 |
| In Threey Sharp Ratio | 0.05 |
UBS |
UBS ETRACS Relative Risk vs. Return Landscape
If you would invest 2,416 in UBS ETRACS on January 24, 2024 and sell it today you would lose (1,052) from holding UBS ETRACS or give up 43.54% of portfolio value over 90 days. UBS ETRACS is currently does not generate positive expected returns and assumes 2.8291% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of etfs are less volatile than UBS, 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 |
UBS ETRACS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBS ETRACS's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as UBS ETRACS , and traders can use it to determine the average amount a UBS ETRACS'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 = -0.3103
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WTID |
Estimated Market Risk
| 2.83 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.88 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.31 actual daily | 0 Most of other assets perform better |
Based on monthly moving average UBS ETRACS 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 UBS ETRACS by adding UBS ETRACS to a well-diversified portfolio.
UBS ETRACS Fundamentals Growth
UBS Etf prices reflect investors' perceptions of the future prospects and financial health of UBS ETRACS, and UBS ETRACS 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 UBS Etf performance.
| Total Asset | 7.98 M | |||
About UBS ETRACS Performance
To evaluate UBS ETRACS 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 UBS ETRACS 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 UBS 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 UBS ETRACS market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents UBS'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 investment seeks to provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. UBS ETRACS is traded on PCX Exchange in the United States.| UBS ETRACS generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: MicroSectors Energy -3X Inverse Leveraged ETN Trading Down 2.1 percent - Defense World | |
| The fund created three year return of -25.0% | |
| UBS ETRACS keeps all of the net assets in exotic instruments |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UBS ETRACS . Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of UBS ETRACS is measured differently than its book value, which is the value of UBS that is recorded on the company's balance sheet. Investors also form their own opinion of UBS ETRACS's value that differs from its market value or its book value, called intrinsic value, which is UBS ETRACS'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 UBS ETRACS's market value can be influenced by many factors that don't directly affect UBS ETRACS'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 UBS ETRACS's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBS ETRACS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBS ETRACS'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.