Spinnaker Etf Financials

VSPY -  USA Etf  

USD 10.04  0.01  0.1%

Understanding current and past Spinnaker ETF Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Spinnaker ETF's financial statements are interrelated, with each one affecting the others. For example, an increase in Spinnaker ETF's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Spinnaker ETF's financials over time to get the whole picture.
Please exercise Spinnaker ETF fundamental data analysis to find out if markets are presently mispricing the entity. We were able to interpolate data for seven available drivers for Spinnaker ETF Series, which can be compared to its competition. Please use Spinnaker ETF price to book and year to date return to make a decision on whether Spinnaker ETF Series is priced fairly. Use Spinnaker ETF to protect your portfolios against small market fluctuations. The etf experiences a normal downward trend and little activity. Check odds of Spinnaker ETF to be traded at $9.94 in 90 days.

Spinnaker Fundamentals 

With this module, you can analyze Spinnaker financials for your investing period. You should be able to track the changes in Spinnaker ETF individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  Chance Of Financial Distress
Less than 49
Spinnaker ETF Series has less than 49 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Spinnaker ETF etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Spinnaker ETF's official financial statements usually reflect Spinnaker ETF'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 Spinnaker ETF Series. For example, before you start analyzing numbers published by Spinnaker accountants, it's critical to develop an understanding of what Spinnaker ETF's liquidity, profitability, and earnings quality are in the context of the VectorShares space in which it operates.
Please note, the presentation of Spinnaker ETF'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, Spinnaker ETF's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Spinnaker ETF's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Spinnaker ETF Series. Please utilize our Beneish M Score to check the likelihood of Spinnaker ETF's management to manipulate its earnings.

Spinnaker ETF Company Summary

Spinnaker ETF competes with Inspire Tactical, Advisorshares, Microsoft Corp, and General Electric. The investment seeks to provide total return while limiting volatility. Spinnaker ETF is traded on NYSEArca Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNYSEArca Exchange
RegionNorth America
Investment IssuerVectorShares
Etf FamilyVectorShares
Fund CategoryAsset Allocation
Portfolio ConcentrationTarget Risk
Phone800 773 3863
CurrencyUSD - US Dollar

Spinnaker Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Spinnaker ETF's current stock value. Our valuation model uses many indicators to compare Spinnaker ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spinnaker ETF competition to find correlations between indicators driving Spinnaker ETF's intrinsic value. More Info.
Spinnaker ETF Series is rated first in price to book as compared to similar ETFs. It is rated first in price to earning as compared to similar ETFs reporting about  7.29  of Price to Earning per Price to Book.

Spinnaker ETF Series Systematic Risk

Spinnaker ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Spinnaker ETF 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.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Spinnaker ETF Series correlated with the market. If Beta is less than 0 Spinnaker ETF generally moves in the opposite direction as compared to the market. If Spinnaker ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Spinnaker ETF Series is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Spinnaker ETF is generally in the same direction as the market. If Beta > 1 Spinnaker ETF moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Spinnaker ETF Financials

What exactly are Spinnaker ETF 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 Spinnaker ETF's income statement, its balance sheet, and the statement of cash flows. Potential Spinnaker ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Spinnaker ETF investors may use each financial statement separately, they are all related. The changes in Spinnaker ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Spinnaker ETF'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.

Spinnaker ETF October 20, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Spinnaker ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Spinnaker ETF Series. We use our internally-developed statistical techniques to arrive at the intrinsic value of Spinnaker ETF Series based on widely used predictive technical indicators. In general, we focus on analyzing Spinnaker Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Spinnaker ETF's daily price indicators and compare them against related drivers.
Downside Deviation0.3772
Information Ratio(0.21)
Maximum Drawdown2.87
Value At Risk(0.30)
Potential Upside0.2994
Also, please take a look at World Market Map. Note that the Spinnaker ETF Series information on this page should be used as a complementary analysis to other Spinnaker ETF'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Spinnaker Etf analysis

When running Spinnaker ETF Series price analysis, check to measure Spinnaker ETF'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 Spinnaker ETF is operating at the current time. Most of Spinnaker ETF's value examination focuses on studying past and present price action to predict the probability of Spinnaker ETF's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Spinnaker ETF's price. Additionally, you may evaluate how the addition of Spinnaker ETF to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Bond Directory
Find actively traded corporate debentures issued by US companies
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF'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 Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF Series underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine Spinnaker ETF value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF'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.