Beehive ETF Financial Statements From 2010 to 2026
| BEEX Etf | 26.52 0.07 0.26% |
Check Beehive ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Beehive ETF's main balance sheet or income statement drivers, such as , as well as many indicators such as . Beehive financial statements analysis is a perfect complement when working with Beehive ETF Valuation or Volatility modules.
This module can also supplement various Beehive ETF Technical models . Check out the analysis of Beehive ETF Correlation against competitors. The Beehive ETF ETF Beta Analysis
Beehive ETF'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 Beehive ETF Beta | 0.81 |
Most of Beehive ETF'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, The Beehive ETF 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, The Beehive ETF has a Beta of 0.81. This is much higher than that of the family and significantly higher than that of the Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
About Beehive ETF Financial Statements
Beehive ETF investors use historical fundamental indicators, such as Beehive ETF's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Beehive ETF. Please read more on our technical analysis and fundamental analysis pages.
Beehive ETF is entity of United States. It is traded as Etf on NASDAQ exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Beehive ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beehive ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Beehive Etf. Outlined below are crucial reports that will aid in making a well-informed decision on The Beehive Etf:Check out the analysis of Beehive ETF Correlation against competitors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Beehive ETF is measured differently than its book value, which is the value of Beehive that is recorded on the company's balance sheet. Investors also form their own opinion of Beehive ETF's value that differs from its market value or its book value, called intrinsic value, which is Beehive ETF'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 Beehive ETF's market value can be influenced by many factors that don't directly affect Beehive ETF'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 Beehive ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beehive ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beehive ETF'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.