United States Tangible Asset Value Trend

DNO -- USA Etf  

USD 51.04  0.60  1.19%

This module enables investors to look at United States various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Consolidated Income of 12 M, Earning Before Interest and Taxes EBIT of 12 M or Gross Profit of 10.4 M, but also many exotic indicators such as Asset Turnover of 0.5682, Book Value per Share of 79.2929 or Debt to Equity Ratio of 0.004. This module is a perfect complement to use when analyzing United States Valuation or Volatility. It can also complement various United States Technical models. Additionally see analysis of United States Correlation with competitors.
Showing smoothed Tangible Asset Value of United States Short Oil with missing and latest data points interpolated. The value of tangibles assets calculated as the difference between Total Assets and intangible assets.
Tangible Asset Value10 Years Trend
Slightly volatile
 Tangible Asset Value 

Regression Statistics

Arithmetic Mean  13,314,222
Geometric Mean  8,342,026
Coefficient Of Variation  72.16
Mean Deviation  7,560,172
Median  11,232,377
Standard Deviation  9,607,444
Range  27,737,307
R Value  0.93
R Squared  0.86
Significance  0.00000567
Slope  2,283,789

United States Tangible Asset Value Over Time

2016-12-31  24,473,856 
2017-12-31  24,473,856 
2018-12-31  28,792,772 

Thematic Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  
Additionally see analysis of United States Correlation with competitors. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.