EKAR Revenue vs. Net Asset
Considering EKAR's profitability and operating efficiency indicators, EKAR may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in May. Profitability indicators assess EKAR's ability to earn profits and add value for shareholders.
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.
For EKAR profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EKAR to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EKAR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EKAR's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EKAR over time as well as its relative position and ranking within its peers.
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The market value of EKAR is measured differently than its book value, which is the value of EKAR that is recorded on the company's balance sheet. Investors also form their own opinion of EKAR's value that differs from its market value or its book value, called intrinsic value, which is EKAR'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 EKAR's market value can be influenced by many factors that don't directly affect EKAR'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 EKAR's value and its price as these two are different measures arrived at by different means. Investors typically determine if EKAR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EKAR'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.
EKAR Net Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EKAR's current stock value. Our valuation model uses many indicators to compare EKAR value to that of its competitors to determine the firm's financial worth. EKAR is currently under evaluation in revenue as compared to similar ETFs. It is one of the top ETFs in net asset as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value EKAR by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EKAR's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EKAR's earnings, one of the primary drivers of an investment's value.EKAR Net Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
EKAR Net Asset Comparison
EKAR is currently under evaluation in net asset as compared to similar ETFs.
EKAR Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EKAR, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EKAR will eventually generate negative long term returns. The profitability progress is the general direction of EKAR's change in net profit over the period of time. It can combine multiple indicators of EKAR, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund will normally invest at least 80 percent of its net assets in securities of the index. Innovation Shares is traded on NYSEARCA Exchange in the United States.
EKAR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EKAR. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of EKAR position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the EKAR's important profitability drivers and their relationship over time.
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Use EKAR in pair-trading
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 EKAR 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 EKAR will appreciate offsetting losses from the drop in the long position's value.EKAR Pair Trading
EKAR Pair Trading Analysis
The ability to find closely correlated positions to EKAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EKAR 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 EKAR - 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 EKAR to buy it.
The correlation of EKAR 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 EKAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EKAR 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 EKAR 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.Use Investing Themes to Complement your EKAR position
In addition to having EKAR in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Insurance Providers Thematic Idea Now
Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Insurance Providers Theme or any other thematic opportunities.
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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 EKAR information on this page should be used as a complementary analysis to other EKAR'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
To fully project EKAR's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EKAR at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include EKAR's income statement, its balance sheet, and the statement of cash flows.