Tuttle Capital Short Etf Performance
| SARK Etf | USD 30.75 0.52 1.72% |
The entity has a beta of -2.42, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Tuttle Capital are expected to decrease by larger amounts. On the other hand, during market turmoil, Tuttle Capital is expected to outperform it.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Tuttle Capital Short are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, Tuttle Capital is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
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Tuttle |
Tuttle Capital Relative Risk vs. Return Landscape
If you would invest 2,958 in Tuttle Capital Short on January 17, 2024 and sell it today you would earn a total of 117.00 from holding Tuttle Capital Short or generate 3.96% return on investment over 90 days. Tuttle Capital Short is currently generating 0.0876% in daily expected returns and assumes 2.3017% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of etfs are less volatile than Tuttle, 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 |
Tuttle Capital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tuttle Capital's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Tuttle Capital Short, and traders can use it to determine the average amount a Tuttle Capital'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 = 0.0381
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| Cash | Small Risk | SARK | High Risk | Huge Risk |
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Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Tuttle Capital is performing at about 2% 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 Tuttle Capital by adding it to a well-diversified portfolio.
Tuttle Capital Fundamentals Growth
Tuttle Etf prices reflect investors' perceptions of the future prospects and financial health of Tuttle Capital, and Tuttle Capital 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 Tuttle Etf performance.
| Total Asset | 335.54 M | |||
About Tuttle Capital Performance
To evaluate Tuttle Capital Short 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 Tuttle Capital 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 Tuttle 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 Tuttle Capital Short market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Tuttle'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 is an actively managed ETF that the advisor attempts to achieve the inverse of the return of the ARK Innovation ETF for a single day by entering into a swap agreement on the ARK Innovation ETF. Tuttle Capital is traded on NASDAQ Exchange in the United States.| Latest headline from news.google.com: AXS Short Innovation Daily ETF Trading Up 0.2 percent - Defense World | |
| The fund maintains most of the assets in different exotic instruments. |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tuttle Capital Short. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Tuttle Capital Short is measured differently than its book value, which is the value of Tuttle that is recorded on the company's balance sheet. Investors also form their own opinion of Tuttle Capital's value that differs from its market value or its book value, called intrinsic value, which is Tuttle Capital'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 Tuttle Capital's market value can be influenced by many factors that don't directly affect Tuttle Capital'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 Tuttle Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tuttle Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tuttle Capital'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.