Barrons 400 Financial Statements From 2010 to 2024
| BFOR Etf | USD 78.96 0.31 0.39% |
Check Barrons 400 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Barrons 400's main balance sheet or income statement drivers, such as , as well as many indicators such as . Barrons financial statements analysis is a perfect complement when working with Barrons 400 Valuation or Volatility modules.
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Barrons 400 ETF ETF Beta Analysis
Barrons 400'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 Barrons 400 Beta | 1.07 |
Most of Barrons 400'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, Barrons 400 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.
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In accordance with the recently published financial statements, Barrons 400 ETF has a Beta of 1.07. This is much higher than that of the ALPS ETF Trust family and significantly higher than that of the Mid-Cap Blend category. The beta for all United States etfs is notably lower than that of the firm.
Barrons 400 ETF Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Barrons 400's current stock value. Our valuation model uses many indicators to compare Barrons 400 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Barrons 400 competition to find correlations between indicators driving Barrons 400's intrinsic value. More Info.Barrons 400 ETF is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Barrons 400 ETF is roughly 5.85 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Barrons 400 by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Barrons 400 Financial Statements
Barrons 400 shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Barrons 400 investors may analyze each financial statement separately, they are all interrelated. The changes in Barrons 400's assets and liabilities, for example, are also reflected in the revenues and expenses on on Barrons 400's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The underlying index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. Barrons 400 is traded on NYSEARCA Exchange in the United States.
Pair Trading with Barrons 400
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 Barrons 400 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 Barrons 400 will appreciate offsetting losses from the drop in the long position's value.Moving together with Barrons Etf
| 0.98 | VO | Vanguard Mid Cap | PairCorr |
| 1.0 | VXF | Vanguard Extended Market | PairCorr |
| 0.99 | IJH | iShares Core SP | PairCorr |
| 0.99 | IWR | iShares Russell Mid Sell-off Trend | PairCorr |
| 0.99 | MDY | SPDR SP MIDCAP | PairCorr |
Moving against Barrons Etf
The ability to find closely correlated positions to Barrons 400 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barrons 400 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 Barrons 400 - 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 Barrons 400 ETF to buy it.
The correlation of Barrons 400 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 Barrons 400 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barrons 400 ETF 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 Barrons 400 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 Barrons 400 Correlation against competitors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Barrons 400 ETF is measured differently than its book value, which is the value of Barrons that is recorded on the company's balance sheet. Investors also form their own opinion of Barrons 400's value that differs from its market value or its book value, called intrinsic value, which is Barrons 400'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 Barrons 400's market value can be influenced by many factors that don't directly affect Barrons 400'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 Barrons 400's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrons 400 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrons 400'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.