Cmd Etf Profile
Equity ratings for CMD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
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RefreshCMD Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CMD's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CMD or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Robert Cameron |
| Old Name | Cantel Medical Corp |
| Business Concentration | Trading--Inverse Commodities, ProShares, Medical Instruments & Supplies, Healthcare (View all Sectors) |
| Float Shares | 33.3M |
| Next Fiscal Year End | 31st of July 2022 |
| Number Of Analyst Opinions | 1.0 |
| Average Daily Volume In Three Month | 456.5k |
| Target High Price | 62.0 |
| Enterprise Value To Revenue | 3.91 |
| Target Mean Price | 62.0 |
| Quick Ratio | 1.9 |
| Average Daily Volume Last 10 Day | 626.96k |
| Date Short Interest | 14th of May 2021 |
| Fifty Two Week High | 89.76 |
| Last Fiscal Year End | 31st of July 2020 |
| Fifty Day Average | 85.42 |
| Forward Price Earnings | 25.84 |
| Most Recent Quarter | 31st of January 2021 |
| Target Low Price | 62.0 |
| Two Hundred Day Average | 77.73 |
| Revenue Growth | 1.90% |
| Short Percent Of Float | 7.05% |
| Fifty Two Week Low | 39.4 |
| Shares Percent Shares Out | 5.59% |
| Shares Short Prior Month | 2.43M |
| Target Median Price | 62.0 |
| Recommendation Mean | 3.0 |
| Enterprise Value To Ebitda | 20.48 |
| Gross Margins | 46.90% |
CMD [CMD] is traded in USA and was established November 24, 2008. The fund is classified under Trading--Inverse Commodities category within ProShares family. This fund currently have 7 M in assets under management (AUM). CMD is currently generating return of -17.1%, while the total return for the last 3 years was -27.82%.
CMD has about 243.06 M in cash with 203.08 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.85.
Check CMD Probability Of Bankruptcy
CMD Top Holders
| CIPNX | Champlain Small | Mutual Fund | Small Growth |
| BOSOX | Boston Trust Small | Mutual Fund | Small Blend |
| EVX | VanEck Environmental Services | Etf | Industrials |
| CIPSX | Champlain Small Pany | Mutual Fund | Small Growth |
| RNSC | First Trust Small | Etf | Small Blend |
| AOFIX | Alger Small Cap | Mutual Fund | Small Growth |
| AGOZX | Alger Small Cap | Mutual Fund | Small Growth |
CMD Against Markets
Picking the right benchmark for CMD etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CMD etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CMD is critical whether you are bullish or bearish towards CMD at a given time. Please also check how CMD's historical prices are related to one of the top price index indicators.
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CMD Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CMD etf to make a market-neutral strategy. Peer analysis of CMD could also be used in its relative valuation, which is a method of valuing CMD by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy CMD Etf?
Before investing in CMD, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CMD. To buy CMD etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CMD. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase CMD etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CMD etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased CMD etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as CMD, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in CMD?
The danger of trading CMD is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CMD is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CMD. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CMD is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Tools for CMD Etf
When running CMD's price analysis, check to measure CMD'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 CMD is operating at the current time. Most of CMD's value examination focuses on studying past and present price action to predict the probability of CMD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMD's price. Additionally, you may evaluate how the addition of CMD to your portfolios can decrease your overall portfolio volatility.
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