Zega Buy Etf Financials

ZHDG
 Etf
  

USD 17.90  0.02  0.11%   

You can make use of fundamental analysis to find out if Zega Buy And is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down six available indicators for Zega Buy And, which can be compared to its rivals. Please check out Zega Buy And one year return to decide if Zega Buy And is priced some-what accurately. Use Zega Buy to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The etf experiences a normal downward trend and little activity. Check odds of Zega Buy to be traded at $17.72 in 90 days.
  
With this module, you can analyze Zega Buy financials for your investing period. You should be able to track the changes in Zega Buy individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Zega Buy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zega Buy's financial statements are interrelated, with each one affecting the others. For example, an increase in Zega Buy's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 41
Zega Buy And has less than 41 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Zega Buy 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 Zega Buy's official financial statements usually reflect Zega Buy'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 Zega Buy And. For example, before you start analyzing numbers published by Zega Buy accountants, it's critical to develop an understanding of what Zega Buy's liquidity, profitability, and earnings quality are in the context of the ZEGA space in which it operates.
Please note, the presentation of Zega Buy'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, Zega Buy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Zega Buy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Zega Buy And. Please utilize our Beneish M Score to check the likelihood of Zega Buy's management to manipulate its earnings.

Zega Buy Company Summary

Zega Buy competes with Johnson Johnson. The fund invests in a combination of options, as well as fixed income securities, or other income producing securities, including preferred shares, through ETFs or other investment companies or through direct investments. Zega Buy is traded on NYSEArca Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNYSEArca Exchange
RegionNorth America
Investment IssuerToroso Investments
Etf FamilyZEGA
Fund CategoryAsset Allocation
Portfolio ConcentrationTarget Risk
BenchmarkDOW
PhoneNA
CurrencyUSD - US Dollar

Zega Buy Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Zega Buy's current stock value. Our valuation model uses many indicators to compare Zega Buy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zega Buy competition to find correlations between indicators driving Zega Buy's intrinsic value. More Info.
Zega Buy And is rated first in equity positions weight as compared to similar ETFs. It is rated first in bond positions weight as compared to similar ETFs creating about  2.83  of Bond Positions Weight per Equity Positions Weight. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Zega Buy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zega Buy'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 Zega Buy's earnings, one of the primary drivers of an investment's value.

Zega Buy And Systematic Risk

Zega Buy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zega Buy 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Zega Buy And correlated with the market. If Beta is less than 0 Zega Buy generally moves in the opposite direction as compared to the market. If Zega Buy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zega Buy And is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zega Buy is generally in the same direction as the market. If Beta > 1 Zega Buy moves generally in the same direction as, but more than the movement of the benchmark.
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About Zega Buy Financials

What exactly are Zega Buy 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 Zega Buy's income statement, its balance sheet, and the statement of cash flows. Potential Zega Buy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Zega Buy investors may use each financial statement separately, they are all related. The changes in Zega Buy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zega Buy'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.
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 that you should keep in mind 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 year after year 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 Zega Buy 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 try and figure out 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 net revenue of Zega Buy grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown 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.

Zega Buy August 7, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Zega Buy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zega Buy And. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zega Buy And based on widely used predictive technical indicators. In general, we focus on analyzing Zega Buy Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zega Buy's daily price indicators and compare them against related drivers.
Information Ratio(0.037369)
Maximum Drawdown4.37
Value At Risk(1.65)
Potential Upside1.16
Check out Your Current Watchlist. Note that the Zega Buy And information on this page should be used as a complementary analysis to other Zega Buy'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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Zega Buy Etf analysis

When running Zega Buy And price analysis, check to measure Zega Buy'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 Zega Buy is operating at the current time. Most of Zega Buy's value examination focuses on studying past and present price action to predict the probability of Zega Buy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Zega Buy's price. Additionally, you may evaluate how the addition of Zega Buy to your portfolios can decrease your overall portfolio volatility.
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The market value of Zega Buy And is measured differently than its book value, which is the value of Zega Buy that is recorded on the company's balance sheet. Investors also form their own opinion of Zega Buy's value that differs from its market value or its book value, called intrinsic value, which is Zega Buy'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 Zega Buy's market value can be influenced by many factors that don't directly affect Zega Buy'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 Zega Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine Zega Buy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zega Buy'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.