Extended Etf Performance


USD 100.21  1.24  1.25%   

The etf shows a Beta (market volatility) of -0.143, which means not very significant fluctuations relative to the market. Let's try to break down what Extended's beta means in this case. As returns on the market increase, returns on owning Extended Dur are expected to decrease at a much lower rate. During the bear market, Extended Dur is likely to outperform the market. Although it is important to respect Extended Dur Trs historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards predicting 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. By reviewing Extended Dur Trs technical indicators, you can presently evaluate if the expected return of 0.0099% will be sustainable into the future.
Extended Performance
0 of 100
Over the last 90 days Extended Dur Trs has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable fundamental indicators, Extended Dur is not utilizing all of its potentials. The new stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more

Extended Price Channel

Fifty Two Week Low92.83
Fifty Two Week High149.04

Extended Dur Relative Risk vs. Return Landscape

If you would invest  10,048  in Extended Dur Trs on May 16, 2022 and sell it today you would lose (27.00)  from holding Extended Dur Trs or give up 0.27% of portfolio value over 90 days. Extended Dur Trs is generating 0.0099% of daily returns assuming volatility of 1.698% on return distribution over 90 days investment horizon. In other words, 14% of etfs are less volatile than Extended, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Extended Dur is expected to generate 8.14 times less return on investment than the market. In addition to that, the company is 1.36 times more volatile than its market benchmark. It trades about 0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.06 per unit of volatility.

Extended Dur Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Extended Dur's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Extended Dur Trs, and traders can use it to determine the average amount a Extended Dur'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 = 0.0059

Good Returns
Average Returns
Small Returns
Negative ReturnsEDV
Estimated Market Risk
  actual daily
 14 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Extended Dur is performing at about 0% 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 Extended Dur by adding it to a well-diversified portfolio.

About Extended Dur Performance

To evaluate Extended Dur Trs 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 Extended Dur 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 Extended 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 Extended Dur Trs stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Extended'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.
Last ReportedProjected for 2022
Return on Investment 12.99  14.02 
Return on Average Assets 4.05  4.37 
Return on Average Equity 7.21  7.78 
The advisor employs an indexing investment approach designed to track the performance of the Bloomberg U.S. Extended Dur is traded on NYSEArca Exchange in the United States.

Things to note about Extended Dur Trs

Checking the ongoing alerts about Extended Dur for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Extended Dur Trs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Extended Dur Alerts

Equity Alerts and Improvement Suggestions

Extended Dur Trs has high likelihood to experience some financial distress in the next 2 years
On 7th of July 2022 Extended Dur paid $ 0.7059 per share dividend to its current shareholders
The fund generated three year return of -3.0%
Extended Dur Trs retains all of the assets under management (AUM) in different types of exotic instruments
Continue to Investing Opportunities. Note that the Extended Dur Trs information on this page should be used as a complementary analysis to other Extended Dur's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Extended Etf analysis

When running Extended Dur Trs price analysis, check to measure Extended Dur's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extended Dur is operating at the current time. Most of Extended Dur's value examination focuses on studying past and present price action to predict the probability of Extended Dur's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Extended Dur's price. Additionally, you may evaluate how the addition of Extended Dur to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
The market value of Extended Dur Trs is measured differently than its book value, which is the value of Extended that is recorded on the company's balance sheet. Investors also form their own opinion of Extended Dur's value that differs from its market value or its book value, called intrinsic value, which is Extended Dur'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 Extended Dur's market value can be influenced by many factors that don't directly affect Extended Dur'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 Extended Dur's value and its price as these two are different measures arrived at by different means. Investors typically determine Extended Dur value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extended Dur'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.