Core Alternative Etf Performance
| CCOR Etf | USD 26.05 0.05 0.19% |
The etf shows a Beta (market volatility) of -0.0587, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Core Alternative are expected to decrease at a much lower rate. During the bear market, Core Alternative is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Core Alternative ETF has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Core Alternative is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | How the price action is used to our Advantage - Stock Traders Daily | 02/08/2024 |
2 | Investment Analysis and Advice - Stock Traders Daily | 03/21/2024 |
| In Threey Sharp Ratio | -0.50 |
Core |
Core Alternative Relative Risk vs. Return Landscape
If you would invest 2,726 in Core Alternative ETF on January 18, 2024 and sell it today you would lose (121.00) from holding Core Alternative ETF or give up 4.44% of portfolio value over 90 days. Core Alternative ETF is currently does not generate positive expected returns and assumes 0.4388% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than Core, 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 |
Core Alternative Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Core Alternative's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Core Alternative ETF, and traders can use it to determine the average amount a Core Alternative'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 = -0.162
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| Negative Returns | CCOR |
Estimated Market Risk
| 0.44 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Core Alternative 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 Core Alternative by adding Core Alternative to a well-diversified portfolio.
Core Alternative Fundamentals Growth
Core Etf prices reflect investors' perceptions of the future prospects and financial health of Core Alternative, and Core Alternative 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 Core Etf performance.
| Total Asset | 462.62 M | |||
About Core Alternative Performance
To evaluate Core Alternative ETF 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 Core Alternative 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 Core 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 Core Alternative ETF market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Core'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 invests primarily in U.S. equity securities that tend to offer current dividends. Core Alternative is traded on NYSEARCA Exchange in the United States.| Core Alternative ETF generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily | |
| The fund created three year return of -3.0% | |
| Core Alternative ETF holds 96.74% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Alternative ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Core Alternative ETF is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Alternative's value that differs from its market value or its book value, called intrinsic value, which is Core Alternative'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 Core Alternative's market value can be influenced by many factors that don't directly affect Core Alternative'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 Core Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Alternative'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.