Evolve Future Leadership Etf One Year Return
| LEAD-B Etf | CAD 20.99 0.06 0.29% |
Evolve Future Leadership fundamentals help investors to digest information that contributes to Evolve Future's financial success or failures. It also enables traders to predict the movement of Evolve Etf. The fundamental analysis module provides a way to measure Evolve Future'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 Evolve Future etf.
Evolve |
Evolve Future Leadership ETF One Year Return Analysis
Evolve Future'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.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Evolve Future One Year Return | (27.47) % |
Most of Evolve Future'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, Evolve Future Leadership 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.
| Competition |
Based on the recorded statements, Evolve Future Leadership has an One Year Return of -27.47%. This is much lower than that of the Evolve Funds Group Inc family and significantly lower than that of the One Year Return category. The one year return for all Canada etfs is notably higher than that of the company.
Evolve One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evolve Future's direct or indirect competition against its One 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 Evolve Future could also be used in its relative valuation, which is a method of valuing Evolve Future by comparing valuation metrics of similar companies.Evolve Future is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for Evolve Future
The fund consists of 95.63% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Evolve Future'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.
Evolve Fundamentals
| Beta | 1.18 | |||
| Total Asset | 27.37 M | |||
| One Year Return | (27.47) % | |||
| Net Asset | 27.37 M | |||
| Equity Positions Weight | 95.63 % |
About Evolve Future Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Evolve Future Leadership's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evolve Future using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evolve Future Leadership 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.
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 ArchitectOther Information on Investing in Evolve Etf
Evolve Future financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve Future security.