Microsectors Fang Index Etf Beta
| FNGD Etf | USD 39.92 0.82 2.10% |
MicroSectors FANG Index fundamentals help investors to digest information that contributes to MicroSectors FANG's financial success or failures. It also enables traders to predict the movement of MicroSectors Etf. The fundamental analysis module provides a way to measure MicroSectors FANG'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 MicroSectors FANG etf.
MicroSectors |
MicroSectors FANG Index ETF Beta Analysis
MicroSectors FANG'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 MicroSectors FANG Beta | -3.5 |
Most of MicroSectors FANG'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, MicroSectors FANG Index 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.
| Competition |
In accordance with the recently published financial statements, MicroSectors FANG Index has a Beta of -3.5. This is much lower than that of the BMO Capital Markets family and significantly lower than that of the Trading--Inverse Equity category. The beta for all United States etfs is notably higher than that of the company.
MicroSectors Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MicroSectors FANG's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of MicroSectors FANG could also be used in its relative valuation, which is a method of valuing MicroSectors FANG by comparing valuation metrics of similar companies.MicroSectors FANG is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for MicroSectors FANG
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides MicroSectors FANG'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.
As returns on the market increase, returns on owning MicroSectors FANG are expected to decrease by larger amounts. On the other hand, during market turmoil, MicroSectors FANG is expected to outperform it.
MicroSectors Fundamentals
| Return On Equity | 10.9 | |||
| Return On Asset | 0.66 | |||
| Profit Margin | 22.22 % | |||
| Operating Margin | 32.61 % | |||
| Shares Outstanding | 652.1 M | |||
| Price To Sales | 1.05 X | |||
| Revenue | 16.35 B | |||
| Gross Profit | 21.49 B | |||
| Net Income | 3.49 B | |||
| Cash And Equivalents | 189.5 B | |||
| Cash Per Share | 295.80 X | |||
| Total Debt | 99.79 B | |||
| Cash Flow From Operations | (9.31 B) | |||
| Number Of Employees | 45.2 K | |||
| Beta | -3.5 | |||
| Market Capitalization | 38.85 B | |||
| Total Asset | 183.6 M | |||
| One Year Return | (79.30) % | |||
| Three Year Return | (60.30) % | |||
| Five Year Return | (74.70) % | |||
| Net Asset | 183.6 M | |||
| Equity Positions Weight | 100.00 % |
About MicroSectors FANG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MicroSectors FANG Index's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MicroSectors FANG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MicroSectors FANG Index based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 MicroSectors FANG 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, MicroSectors FANG's short interest history, or implied volatility extrapolated from MicroSectors FANG options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out MicroSectors FANG Piotroski F Score and MicroSectors FANG Altman Z Score analysis. Note that the MicroSectors FANG Index information on this page should be used as a complementary analysis to other MicroSectors FANG'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 Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of MicroSectors FANG Index is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG'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 MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG'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 MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG'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.