BetaShares Solar ETF
Ticker
TANN.AX
ISIN
US92189H805
Price
None 8.30
Change Today
+0.55 / 7.097 %
Price 1 year ago
12.06 / -31.187 %
Morningstar
4
52 Week Low
7.44
52 Week High
12.47
200 Day Moving Average 8.71
8.71
50-day Moving Average
7.92
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | -1.27 |
| Sortino Ratio | -1.98 |
| Maximum Drawdown | -37.93% |
| Maximum Drawdown Date | 2023-11-02 |
| Calmar Ratio | 1.29 |
1 year
| Parameter | Value |
|---|---|
| Treynor Ratio | - |
| Return | -9.43 |
| Volatility | 24.063% |
| Alpha | -- |
| Beta | -- |
| R Squared | -- |
History
| Parameter | Value |
|---|---|
| Average Annual Return | -12.354% |
| Average Annual Volatility | 32.704% |
| Sharpe Ratio | -0.38 |
| Sortino Ratio | -0.77 |
| Maximum Drawdown | -47.0% |
| Maximum Drawdown Date | 2024-04-26 |
| Calmar Ratio | 0.26 |
Company information
Summary
The Fund seeks to track the price and yield performance, before fees and expenses,of the EQM Global Solar Energy Index (the Index). The Index is governed by a published, rules-based methodology and is designed to measure the performance of a global investable universe of publicly listed companies involved in Solar Energy.
Market
AU
Category
Equity Precious Metals
Expense Ratio
-
Fund family
BetaShares Capital Ltd
Morningstar
4
Yield
-
Exchange
-
| Sector | Weight |
|---|
None
Holdings
NoneAlternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| FR0010479865.PA | Solar Akicita | FR001047986 | YHD | 2.21% | 5 | ||
| TANN.AX | BetaShares Solar ETF | US92189H805 | 4 | -- | -- |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.