Idlb Etf Beta

IDLB Etf

USD 24.08 0.00 0.00%

IDLB fundamentals help investors to digest information that contributes to IDLB's financial success or failures. It also enables traders to predict the movement of IDLB Etf. The fundamental analysis module provides a way to measure IDLB'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 IDLB 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.

IDLB ETF Beta Analysis

IDLB'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.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

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, IDLB has a Beta of 0.0. This indicator is about the same for the Invesco average (which is currently at 0.0) family and about the same as Foreign Large Blend (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).

IDLB Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IDLB'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 IDLB could also be used in its relative valuation, which is a method of valuing IDLB by comparing valuation metrics of similar companies.

IDLB is currently under evaluation in beta as compared to similar ETFs.

Fund Asset Allocation for IDLB

The fund invests 99.55% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.

Asset allocation divides IDLB'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.

IDLB Fundamentals

	Price To Earning	16.39 X
	Price To Book	1.49 X
	Price To Sales	0.93 X
	Number Of Employees	402
	Total Asset	4.22 M
	One Year Return	(27.10) %
	Three Year Return	(5.86) %
	Five Year Return	(3.24) %
	Net Asset	4.22 M
	Last Dividend Paid	0.026
	Equity Positions Weight	99.55 %

About IDLB Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze IDLB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IDLB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IDLB 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.