Aptus Collared Financial Statements From 2010 to 2024
| ACIO Etf | USD 40.70 0.18 0.44% |
Check Aptus Collared financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aptus Collared's main balance sheet or income statement drivers, such as , as well as many indicators such as . Aptus financial statements analysis is a perfect complement when working with Aptus Collared Valuation or Volatility modules.
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Aptus Collared Income ETF Beta Analysis
Aptus Collared'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 Aptus Collared Beta | 0.66 |
Most of Aptus Collared'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, Aptus Collared Income 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.
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In accordance with the recently published financial statements, Aptus Collared Income has a Beta of 0.66. This is much higher than that of the Aptus Capital Advisors family and significantly higher than that of the Equity Hedged category. The beta for all United States etfs is notably lower than that of the firm.
About Aptus Collared Financial Statements
Aptus Collared investors utilize fundamental indicators, such as revenue or net income, to predict how Aptus Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective principally by investing in a portfolio of U.S. Aptus Collared is traded on BATS Exchange in the United States.
Pair Trading with Aptus Collared
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 Aptus Collared 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 Aptus Collared will appreciate offsetting losses from the drop in the long position's value.Moving together with Aptus Etf
| 1.0 | ADME | Aptus Drawdown Managed | PairCorr |
| 0.67 | SWAN | Amplify BlackSwan Growth | PairCorr |
| 0.74 | PHDG | Invesco SP 500 | PairCorr |
Moving against Aptus Etf
The ability to find closely correlated positions to Aptus Collared could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aptus Collared 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 Aptus Collared - 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 Aptus Collared Income to buy it.
The correlation of Aptus Collared 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 Aptus Collared moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aptus Collared Income 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 Aptus Collared 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.Check out the analysis of Aptus Collared Correlation against competitors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Aptus Collared Income is measured differently than its book value, which is the value of Aptus that is recorded on the company's balance sheet. Investors also form their own opinion of Aptus Collared's value that differs from its market value or its book value, called intrinsic value, which is Aptus Collared'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 Aptus Collared's market value can be influenced by many factors that don't directly affect Aptus Collared'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 Aptus Collared's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptus Collared is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptus Collared'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.