BFIT Financial Statements From 2010 to 2026
Analyzing historical trends in various income statement and balance sheet accounts from BFIT's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting BFIT's valuation are summarized below:BFIT does not right now have any fundamental signals for analysis.
Check BFIT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BFIT's main balance sheet or income statement drivers, such as , as well as many indicators such as . BFIT financial statements analysis is a perfect complement when working with BFIT Valuation or Volatility modules.
This module can also supplement various BFIT Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. BFIT ETF Beta Analysis
BFIT'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 BFIT Beta | 1.05 |
Most of BFIT'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, BFIT 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.
CompetitionIn accordance with the recently published financial statements, BFIT has a Beta of 1.05. This is much higher than that of the Global X Funds family and significantly higher than that of the Global Small/Mid Stock category. The beta for all United States etfs is notably lower than that of the firm.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Tools for BFIT Etf
When running BFIT's price analysis, check to measure BFIT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BFIT is operating at the current time. Most of BFIT's value examination focuses on studying past and present price action to predict the probability of BFIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BFIT's price. Additionally, you may evaluate how the addition of BFIT to your portfolios can decrease your overall portfolio volatility.
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