Oyld Etf Book Value Per Share
OYLD fundamentals help investors to digest information that contributes to OYLD's financial success or failures. It also enables traders to predict the movement of OYLD Etf. The fundamental analysis module provides a way to measure OYLD'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 OYLD etf.
OYLD |
OYLD ETF Book Value Per Share Analysis
OYLD's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
CompetitionIn accordance with the recently published financial statements, the book value per share of OYLD is about 0.0 times. This indicator is about the same for the Invesco average (which is currently at 0.0) family and about the same as Large Value (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
OYLD Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OYLD's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of OYLD could also be used in its relative valuation, which is a method of valuing OYLD by comparing valuation metrics of similar companies.OYLD is currently under evaluation in book value per share as compared to similar ETFs.
Fund Asset Allocation for OYLD
The fund invests 99.9% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides OYLD'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.
OYLD Fundamentals
| Number Of Employees | 591 | |||
| Total Asset | 7.04 M | |||
| One Year Return | 14.80 % | |||
| Net Asset | 7.04 M | |||
| Last Dividend Paid | 1.74 | |||
| Equity Positions Weight | 99.90 % |
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Other Tools for OYLD Etf
When running OYLD's price analysis, check to measure OYLD'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 OYLD is operating at the current time. Most of OYLD's value examination focuses on studying past and present price action to predict the probability of OYLD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OYLD's price. Additionally, you may evaluate how the addition of OYLD to your portfolios can decrease your overall portfolio volatility.
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