WBI Power Financial Statements From 2010 to 2024
| WBIY Etf | USD 29.36 0.07 0.24% |
Check WBI Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WBI main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . WBI financial statements analysis is a perfect complement when working with WBI Power Valuation or Volatility modules.
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WBI Power Factor ETF Beta Analysis
WBI Power's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current WBI Power Beta | 0.93 |
Most of WBI Power's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, WBI Power Factor is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, WBI Power Factor has a Beta of 0.93. This is much higher than that of the WBI Investments family and significantly higher than that of the Mid-Cap Value category. The beta for all United States etfs is notably lower than that of the firm.
About WBI Power Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include WBI Power income statement, its balance sheet, and the statement of cash flows. WBI Power investors use historical funamental indicators, such as WBI Power's revenue or net income, to determine how well the company is positioned to perform in the future. Although WBI Power investors may use each financial statement separately, they are all related. The changes in WBI Power's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on WBI Power's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on WBI Power Financial Statements. Understanding these patterns can help to make the right decision on long term investment in WBI Power. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances the fund will invest at least 80 percent of its total assets in the securities of the underlying index. WBI Largecap is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WBI Power Factor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WBI Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wbi Power Factor Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Wbi Power Factor Etf:Check out the analysis of WBI Power Correlation against competitors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of WBI Power Factor is measured differently than its book value, which is the value of WBI that is recorded on the company's balance sheet. Investors also form their own opinion of WBI Power's value that differs from its market value or its book value, called intrinsic value, which is WBI Power'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 WBI Power's market value can be influenced by many factors that don't directly affect WBI Power'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 WBI Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if WBI Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WBI Power'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.