MicroSectors Big Financials
| NRGD Etf | USD 142.71 4.73 3.21% |
Net Expense Ratio 0.0095 | 3 y Sharp Ratio (1.26) |
MicroSectors |
The data published in MicroSectors Big's official financial statements usually reflect MicroSectors Big's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of MicroSectors Big Oil. For example, before you start analyzing numbers published by MicroSectors accountants, it's critical to develop an understanding of what MicroSectors Big's liquidity, profitability, and earnings quality are in the context of the BMO Capital Markets space in which it operates.
Please note, the presentation of MicroSectors Big's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MicroSectors Big's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in MicroSectors Big's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MicroSectors Big Oil. Please utilize our Beneish M Score to check the likelihood of MicroSectors Big's management manipulating its earnings.
MicroSectors Big Etf Summary
MicroSectors Big competes with Direxion Daily, and Direxion Daily. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. Microsectors -3X is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US0636797245 |
| CUSIP | 063679633 06368L106 06367V303 063679724 |
| Region | North America |
| Investment Issuer | Bank of Montreal |
| Etf Family | BMO Capital Markets |
| Fund Category | Sector |
| Portfolio Concentration | Energy |
| Benchmark | NYSE Composite |
| Phone | NA |
| Currency | USD - US Dollar |
You should never invest in MicroSectors Big without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of MicroSectors Etf, because this is throwing your money away. Analyzing the key information contained in MicroSectors Big's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
MicroSectors Big Key Financial Ratios
Generally speaking, MicroSectors Big's financial ratios allow both analysts and investors to convert raw data from MicroSectors Big's financial statements into concise, actionable information that can be used to evaluate the performance of MicroSectors Big over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that MicroSectors Big Oil reports annually and quarterly.MicroSectors Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MicroSectors Big's current stock value. Our valuation model uses many indicators to compare MicroSectors Big value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MicroSectors Big competition to find correlations between indicators driving MicroSectors Big's intrinsic value. More Info.MicroSectors Big Oil is rated number one ETF in beta as compared to similar ETFs. It is rated number one ETF 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 MicroSectors Big by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MicroSectors Big's 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 MicroSectors Big's earnings, one of the primary drivers of an investment's value.MicroSectors Big Oil Systematic Risk
MicroSectors Big's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MicroSectors Big volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on MicroSectors Big Oil correlated with the market. If Beta is less than 0 MicroSectors Big generally moves in the opposite direction as compared to the market. If MicroSectors Big Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MicroSectors Big Oil is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MicroSectors Big is generally in the same direction as the market. If Beta > 1 MicroSectors Big moves generally in the same direction as, but more than the movement of the benchmark.
About MicroSectors Big Financials
What exactly are MicroSectors Big Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include MicroSectors Big's income statement, its balance sheet, and the statement of cash flows. Potential MicroSectors Big investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although MicroSectors Big investors may use each financial statement separately, they are all related. The changes in MicroSectors Big's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MicroSectors Big's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze MicroSectors Big Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as MicroSectors Big is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of MicroSectors has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if MicroSectors Big's financials are consistent with your investment objective using the following steps:- Review MicroSectors Big's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand MicroSectors Big's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare MicroSectors Big's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if MicroSectors Big's stock is overvalued or undervalued.
MicroSectors Big Thematic Clasifications
MicroSectors Big Oil is part of several thematic ideas from Sector ETFs to Energy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasMicroSectors Big April 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MicroSectors Big help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MicroSectors Big Oil. We use our internally-developed statistical techniques to arrive at the intrinsic value of MicroSectors Big Oil based on widely used predictive technical indicators. In general, we focus on analyzing MicroSectors Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MicroSectors Big's daily price indicators and compare them against related drivers.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 12.29 | |||
| Value At Risk | (6.04) | |||
| Potential Upside | 4.17 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MicroSectors Big Oil. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the MicroSectors Big Oil information on this page should be used as a complementary analysis to other MicroSectors Big'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 Stocks Directory module to find actively traded stocks across global markets.
The market value of MicroSectors Big Oil is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Big's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Big's 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 MicroSectors Big's market value can be influenced by many factors that don't directly affect MicroSectors Big's 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 MicroSectors Big's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Big is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Big's 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.