Spinnaker ETF Financial Statements From 2010 to 2024
| TWIO Etf | USD 8.70 0.01 0.12% |
Check Spinnaker ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spinnaker main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Spinnaker financial statements analysis is a perfect complement when working with Spinnaker ETF Valuation or Volatility modules.
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Spinnaker ETF Series ETF Beta Analysis
Spinnaker ETF's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Spinnaker ETF Beta | 0.8 |
Most of Spinnaker ETF's fundamental indicators, such as Beta, 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, Spinnaker ETF Series is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Spinnaker ETF Series has a Beta of 0.8. This is much higher than that of the Nottingham family and significantly higher than that of the Moderately Conservative Allocation category. The beta for all United States etfs is notably lower than that of the firm.
About Spinnaker ETF Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Spinnaker ETF income statement, its balance sheet, and the statement of cash flows. Spinnaker ETF investors use historical funamental indicators, such as Spinnaker ETF's revenue or net income, 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. We offer a historical overview of the basic patterns found on Spinnaker ETF Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Spinnaker ETF. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing in a combination of domestic preferred securities, income producing fixed income securities, and income producing common stocks. Spinnaker Trajan is traded on NYSEARCA Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Spinnaker ETF in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Spinnaker ETF's short interest history, or implied volatility extrapolated from Spinnaker ETF options trading.
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Check out the analysis of Spinnaker ETF Correlation against competitors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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'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 Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment 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.