Dlbs Etf Fundamentals
DLBS fundamentals help investors to digest information that contributes to DLBS's financial success or failures. It also enables traders to predict the movement of DLBS Etf. The fundamental analysis module provides a way to measure DLBS'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 DLBS etf.
DLBS |
DLBS ETF One Year Return Analysis
DLBS's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current DLBS One Year Return | (78.99) % |
Most of DLBS's fundamental indicators, such as One Year Return, 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, DLBS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, DLBS has an One Year Return of -78.99%. This is much lower than that of the Milleis Investissements Funds family and significantly lower than that of the Trading--Inverse Debt category. The one year return for all United States etfs is notably higher than that of the company.
DLBS One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DLBS's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of DLBS could also be used in its relative valuation, which is a method of valuing DLBS by comparing valuation metrics of similar companies.DLBS is rated below average in one year return as compared to similar ETFs.
DLBS Fundamentals
| Number Of Employees | 161 | |||
| Total Asset | 2.21 M | |||
| One Year Return | (78.99) % | |||
| Three Year Return | (44.45) % | |||
| Five Year Return | (44.26) % | |||
| Net Asset | 2.21 M |
Pair Trading with DLBS
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 DLBS 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 DLBS will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Whirlpool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whirlpool 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 Whirlpool - 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 Whirlpool to buy it.
The correlation of Whirlpool 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 Whirlpool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whirlpool 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 Whirlpool 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 Investing Opportunities 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 bureau of labor statistics. Note that the DLBS information on this page should be used as a complementary analysis to other DLBS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Other Tools for DLBS Etf
When running DLBS's price analysis, check to measure DLBS'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 DLBS is operating at the current time. Most of DLBS's value examination focuses on studying past and present price action to predict the probability of DLBS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DLBS's price. Additionally, you may evaluate how the addition of DLBS to your portfolios can decrease your overall portfolio volatility.
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