Two Roads Financial Statements From 2010 to 2025
| CGV Etf | USD 12.55 0.14 1.10% |
Check Two Roads financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Two Roads' main balance sheet or income statement drivers, such as , as well as many indicators such as . Two financial statements analysis is a perfect complement when working with Two Roads Valuation or Volatility modules.
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Two Roads Shared ETF Beta Analysis
Two Roads' 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 Two Roads Beta | 0.63 |
Most of Two Roads' 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, Two Roads Shared 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, Two Roads Shared has a Beta of 0.63. This is much higher than that of the Conductor family and significantly higher than that of the Foreign Small/Mid Value category. The beta for all United States etfs is notably lower than that of the firm.
Two Roads Shared Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Two Roads's current stock value. Our valuation model uses many indicators to compare Two Roads value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Two Roads competition to find correlations between indicators driving Two Roads's intrinsic value. More Info.Two Roads Shared 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 0.02 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Two Roads Shared is roughly 45.99 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Two Roads 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 Two Roads Financial Statements
Two Roads investors use historical fundamental indicators, such as Two Roads' 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 Two Roads. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to invest under normal circumstances in equity securities that are economically tied to at least three countries . Affinity Conductor is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of Two Roads Correlation against competitors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of Two Roads Shared is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Roads' value that differs from its market value or its book value, called intrinsic value, which is Two Roads' 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 Two Roads' market value can be influenced by many factors that don't directly affect Two Roads' 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 Two Roads' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Roads is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Roads' 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.