Fairlead Tactical Financial Statements From 2010 to 2024
| TACK Etf | USD 25.31 0.08 0.32% |
Check Fairlead Tactical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fairlead main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Fairlead financial statements analysis is a perfect complement when working with Fairlead Tactical Valuation or Volatility modules.
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Fairlead Tactical Sector ETF One Year Return Analysis
Fairlead Tactical's 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.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Fairlead Tactical One Year Return | 5.70 % |
Most of Fairlead Tactical's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fairlead Tactical Sector is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the recorded statements, Fairlead Tactical Sector has an One Year Return of 5.7%. This is much higher than that of the Fairlead Funds family and significantly higher than that of the Tactical Allocation category. The one year return for all United States etfs is notably lower than that of the firm.
About Fairlead Tactical Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Fairlead Tactical income statement, its balance sheet, and the statement of cash flows. Fairlead Tactical investors use historical funamental indicators, such as Fairlead Tactical's revenue or net income, to determine how well the company is positioned to perform in the future. Although Fairlead Tactical investors may use each financial statement separately, they are all related. The changes in Fairlead Tactical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fairlead Tactical'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. We offer a historical overview of the basic patterns found on Fairlead Tactical Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Fairlead Tactical. Please read more on our technical analysis and fundamental analysis pages.
The fund is a diversified actively-managed ETF that under normal circumstances will invest more than 80 percent of the funds net assets in passive domestic equity sector ETFs and ETFs investing respectively in gold and U.S. Capitol Fairlead is traded on NYSEARCA Exchange in the United States.
Currently Active Assets on Macroaxis
When determining whether Fairlead Tactical Sector is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fairlead Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fairlead Tactical Sector Etf. Highlighted below are key reports to facilitate an investment decision about Fairlead Tactical Sector Etf:Check out the analysis of Fairlead Tactical Correlation against competitors. Note that the Fairlead Tactical Sector information on this page should be used as a complementary analysis to other Fairlead Tactical'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Fairlead Tactical Sector is measured differently than its book value, which is the value of Fairlead that is recorded on the company's balance sheet. Investors also form their own opinion of Fairlead Tactical's value that differs from its market value or its book value, called intrinsic value, which is Fairlead Tactical'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 Fairlead Tactical's market value can be influenced by many factors that don't directly affect Fairlead Tactical'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 Fairlead Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fairlead Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fairlead Tactical'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.