Semiconductor Etf Performance

SOXS
 Etf
  

USD 35.31  1.68  5.00%   

The entity has a beta of -5.0411, which indicates a somewhat significant risk relative to the market. Let's try to break down what Semiconductor's beta means in this case. As returns on the market increase, returns on owning Semiconductor Bear are expected to decrease by larger amounts. On the other hand, during market turmoil, Semiconductor Bear is expected to outperform it. Even though it is essential to pay attention to Semiconductor Bear current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Semiconductor Bear 3X exposes twenty-seven different technical indicators, which can help you to evaluate its performance.
  
Semiconductor Performance
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Over the last 90 days Semiconductor Bear 3X has generated negative risk-adjusted returns adding no value to investors with long positions. Even with latest sluggish performance, the Etf's basic indicators remain invariable and the latest agitation on Wall Street may also be a sign of long-running gains for the ETF retail investors. ...more

Semiconductor Price Channel

Fifty Two Week Low30.55
Fifty Two Week High89.59

Semiconductor Bear Relative Risk vs. Return Landscape

If you would invest  4,672  in Semiconductor Bear 3X on August 30, 2022 and sell it today you would lose (1,189)  from holding Semiconductor Bear 3X or give up 25.45% of portfolio value over 90 days. Semiconductor Bear 3X is currently does not generate positive expected returns and assumes 8.2789% risk (volatility on return distribution) over the 90 days horizon. In different words, 71% of etfs are less volatile than Semiconductor, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Semiconductor Bear is expected to under-perform the market. In addition to that, the company is 6.05 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 0.09 per unit of volatility.

Semiconductor Bear Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Semiconductor Bear's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Semiconductor Bear 3X, and traders can use it to determine the average amount a Semiconductor Bear'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 = -0.0126

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Estimated Market Risk
 8.28
  actual daily
 
 71 %
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7171
Expected Return
 -0.1
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 0 %
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Risk-Adjusted Return
 -0.01
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Based on monthly moving average Semiconductor Bear 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 Semiconductor Bear by adding it to a well-diversified portfolio.

About Semiconductor Bear Performance

To evaluate Semiconductor Bear 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 Semiconductor Bear 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 Semiconductor 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 Semiconductor Bear market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Semiconductor'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 in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80 percent of the funds net assets . Semiconductor Bear is traded on NYSEARCA Exchange in the United States.

Things to note about Semiconductor Bear

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

Semiconductor Bear Alerts

Equity Alerts and Improvement Suggestions

Semiconductor Bear generated a negative expected return over the last 90 days
Semiconductor Bear has high historical volatility and very poor performance
Semiconductor Bear has high likelihood to experience some financial distress in the next 2 years
This fund created-67.0 ten year return of -67.0%
Semiconductor Bear maintains most of the assets in different exotic instruments.
Additionally, take a look at World Market Map. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for analysis

When running Semiconductor Bear price analysis, check to measure Semiconductor Bear'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 Semiconductor Bear is operating at the current time. Most of Semiconductor Bear's value examination focuses on studying past and present price action to predict the probability of Semiconductor Bear's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Semiconductor Bear's price. Additionally, you may evaluate how the addition of Semiconductor Bear to your portfolios can decrease your overall portfolio volatility.
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The market value of Semiconductor Bear is measured differently than its book value, which is the value of Semiconductor that is recorded on the company's balance sheet. Investors also form their own opinion of Semiconductor Bear's value that differs from its market value or its book value, called intrinsic value, which is Semiconductor Bear'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 Semiconductor Bear's market value can be influenced by many factors that don't directly affect Semiconductor Bear'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 Semiconductor Bear's value and its price as these two are different measures arrived at by different means. Investors typically determine Semiconductor Bear value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Semiconductor Bear'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.