HANETF Fundamentals

HANETF ICAV EMQQ fundamentals help investors to digest information that contributes to HANETF ICAV's financial success or failures. It also enables traders to predict the movement of HANETF Etf. The fundamental analysis module provides a way to measure HANETF ICAV'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 HANETF ICAV etf.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

HANETF One Year Return Analysis

HANETF ICAV'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.
One Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
More About One Year Return | All Equity Analysis

Current HANETF ICAV One Year Return

    
  67.76 %  
Most of HANETF ICAV'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, HANETF ICAV EMQQ 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.
Compare to competition
Based on the recorded statements, HANETF ICAV EMQQ has an One Year Return of 67%. This is much higher than that of the HANetf Management Limited family and significantly higher than that of the Family category. The one year return for all United Kingdom etfs is notably lower than that of the firm.

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Fund Asset Allocation for HANETF ICAV

The fund invests 99.85% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
   Value   
       Instrument Type  

HANETF Fundamentals

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 HANETF ICAV 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, HANETF ICAV's short interest history, or implied volatility extrapolated from HANETF ICAV options trading.

Pair Trading with HANETF ICAV

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 HANETF ICAV 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 HANETF ICAV will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Parker-Hannifin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parker-Hannifin Corp 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 Parker-Hannifin Corp - 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 Parker-Hannifin Corp to buy it.
The correlation of Parker-Hannifin Corp is a statistical measure of how it moves in relation to other equities. 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 Parker-Hannifin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parker-Hannifin Corp 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 Parker-Hannifin Corp 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.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Other Tools for HANETF Etf

When running HANETF ICAV EMQQ price analysis, check to measure HANETF ICAV'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 HANETF ICAV is operating at the current time. Most of HANETF ICAV's value examination focuses on studying past and present price action to predict the probability of HANETF ICAV's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HANETF ICAV's price. Additionally, you may evaluate how the addition of HANETF ICAV to your portfolios can decrease your overall portfolio volatility.
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