Bsjl Etf Net Asset
BSJL fundamentals help investors to digest information that contributes to BSJL's financial success or failures. It also enables traders to predict the movement of BSJL Etf. The fundamental analysis module provides a way to measure BSJL's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BSJL etf.
BSJL |
BSJL ETF Net Asset Analysis
BSJL's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current BSJL Net Asset | 628.67 M |
Most of BSJL's fundamental indicators, such as Net Asset, 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, BSJL is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, BSJL has a Net Asset of 628.67 M. This is 83.85% lower than that of the Invesco family and significantly higher than that of the High Yield Bond category. The net asset for all United States etfs is 72.56% higher than that of the company.
BSJL Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BSJL's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BSJL could also be used in its relative valuation, which is a method of valuing BSJL by comparing valuation metrics of similar companies.BSJL is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for BSJL
The fund invests most of its asset under management in bonds or other fixed income securities. .Asset allocation divides BSJL's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
BSJL Fundamentals
| Number Of Employees | 312 | |||
| Total Asset | 628.67 M | |||
| One Year Return | 4.43 % | |||
| Three Year Return | 2.15 % | |||
| Five Year Return | 3.54 % | |||
| Net Asset | 628.67 M | |||
| Last Dividend Paid | 0.07 | |||
| Bond Positions Weight | 100.00 % |
Pair Trading with BSJL
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BSJL position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BSJL will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Medtronic PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medtronic PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Medtronic PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Medtronic PLC to buy it.
The correlation of Medtronic PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Medtronic PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medtronic PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Medtronic PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 inflation. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Tools for BSJL Etf
When running BSJL's price analysis, check to measure BSJL'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 BSJL is operating at the current time. Most of BSJL's value examination focuses on studying past and present price action to predict the probability of BSJL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BSJL's price. Additionally, you may evaluate how the addition of BSJL to your portfolios can decrease your overall portfolio volatility.
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