Dwaq Etf Five Year Return
DWAQ fundamentals help investors to digest information that contributes to DWAQ's financial success or failures. It also enables traders to predict the movement of DWAQ Etf. The fundamental analysis module provides a way to measure DWAQ's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DWAQ etf.
DWAQ |
DWAQ ETF Five Year Return Analysis
DWAQ's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current DWAQ Five Year Return | 12.56 % |
Most of DWAQ's fundamental indicators, such as Five 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, DWAQ is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
CompetitionAccording to the company disclosure, DWAQ has a Five Year Return of 12.56%. This is much higher than that of the Invesco family and significantly higher than that of the Mid-Cap Growth category. The five year return for all United States etfs is notably lower than that of the firm.
DWAQ Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DWAQ's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of DWAQ could also be used in its relative valuation, which is a method of valuing DWAQ by comparing valuation metrics of similar companies.DWAQ is currently under evaluation in five year return as compared to similar ETFs.
Fund Asset Allocation for DWAQ
The fund invests 99.73% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides DWAQ's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
DWAQ Fundamentals
| Return On Equity | 0.0133 | |||
| Return On Asset | 0.0132 | |||
| Profit Margin | 68.28 % | |||
| Shares Outstanding | 449 K | |||
| Price To Earning | 13.08 X | |||
| Price To Book | 1.19 X | |||
| Price To Sales | 2.40 X | |||
| Revenue | 375.18 K | |||
| Net Income | 206.97 K | |||
| Cash And Equivalents | 227 | |||
| Earnings Per Share | (8.54) X | |||
| Market Capitalization | 54.82 M | |||
| Total Asset | 51.08 M | |||
| One Year Return | 26.65 % | |||
| Three Year Return | 16.19 % | |||
| Five Year Return | 12.56 % | |||
| Ten Year Return | 12.97 % | |||
| Net Asset | 51.08 M | |||
| Last Dividend Paid | 0.0552 | |||
| Equity Positions Weight | 99.73 % |
Pair Trading with DWAQ
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DWAQ position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DWAQ will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Lockheed Martin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lockheed Martin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lockheed Martin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lockheed Martin to buy it.
The correlation of Lockheed Martin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lockheed Martin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lockheed Martin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lockheed Martin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the DWAQ information on this page should be used as a complementary analysis to other DWAQ'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Tools for DWAQ Etf
When running DWAQ's price analysis, check to measure DWAQ'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 DWAQ is operating at the current time. Most of DWAQ's value examination focuses on studying past and present price action to predict the probability of DWAQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DWAQ's price. Additionally, you may evaluate how the addition of DWAQ to your portfolios can decrease your overall portfolio volatility.
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