ETF Securities Net Asset vs. One Year Return
Based on ETF Securities' profitability indicators, ETF Securities may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in May. Profitability indicators assess ETF Securities' ability to earn profits and add value for shareholders.
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 income.
For ETF Securities profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ETF Securities to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ETF Securities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ETF Securities's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ETF Securities over time as well as its relative position and ranking within its peers.
ETF |
The market value of ETF Securities is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Securities' value that differs from its market value or its book value, called intrinsic value, which is ETF Securities' 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 ETF Securities' market value can be influenced by many factors that don't directly affect ETF Securities' 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 ETF Securities' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Securities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Securities' 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.
ETF Securities One Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ETF Securities's current stock value. Our valuation model uses many indicators to compare ETF Securities value to that of its competitors to determine the firm's financial worth. ETF Securities is rated below average in net asset as compared to similar ETFs. It is rated below average in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value ETF Securities by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ETF Securities' Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ETF Securities' earnings, one of the primary drivers of an investment's value.ETF One Year Return vs. Net Asset
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.
ETF Securities |
| = | 3.84 M |
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.
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.
ETF Securities |
| = | (0.13) % |
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.
ETF One Year Return Comparison
ETF Securities is currently under evaluation in one year return as compared to similar ETFs.
ETF Securities Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ETF Securities, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ETF Securities will eventually generate negative long term returns. The profitability progress is the general direction of ETF Securities' change in net profit over the period of time. It can combine multiple indicators of ETF Securities, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The investment seeks to provide a total return designed to exceed the performance of the Bloomberg WTI Crude Oil Subindex Total Return . ETFS Bloomberg is traded on Archipelago Exchange in USA.
ETF Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ETF Securities. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ETF Securities position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ETF Securities' important profitability drivers and their relationship over time.
| Net Asset vs Last Dividend Paid | ||
| Equity Positions Weight vs One Year Return | ||
| Net Asset vs Bond Positions Weight |
Use ETF Securities in pair-trading
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 ETF Securities 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 ETF Securities will appreciate offsetting losses from the drop in the long position's value.ETF Securities Pair Trading
ETF Securities Pair Trading Analysis
The ability to find closely correlated positions to Exelon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exelon 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 Exelon - 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 Exelon to buy it.
The correlation of Exelon 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 Exelon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exelon 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 Exelon 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.Use Investing Themes to Complement your ETF Securities position
In addition to having ETF Securities in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Chemicals Thematic Idea Now
Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
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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 income. Note that the ETF Securities information on this page should be used as a complementary analysis to other ETF Securities' 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Tools for ETF Etf
When running ETF Securities' price analysis, check to measure ETF Securities' 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 ETF Securities is operating at the current time. Most of ETF Securities' value examination focuses on studying past and present price action to predict the probability of ETF Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ETF Securities' price. Additionally, you may evaluate how the addition of ETF Securities to your portfolios can decrease your overall portfolio volatility.
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