Optica Rare Financial Statements From 2010 to 2024
| CRIT Etf | USD 18.28 0.08 0.44% |
Check Optica Rare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optica Rare's main balance sheet or income statement drivers, such as , as well as many indicators such as . Optica financial statements analysis is a perfect complement when working with Optica Rare Valuation or Volatility modules.
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Optica Rare Earths ETF One Year Return Analysis
Optica Rare's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Optica Rare One Year Return | 7.80 % |
Most of Optica Rare's fundamental indicators, such as One Year Return, 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, Optica Rare Earths is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Optica Rare Earths has an One Year Return of 7.8%. This is much higher than that of the Exchange Traded Concepts family and significantly higher than that of the Equity Precious Metals category. The one year return for all United States etfs is notably lower than that of the firm.
About Optica Rare Financial Statements
Optica Rare 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 Optica Rare investors may analyze each financial statement separately, they are all interrelated. The changes in Optica Rare's assets and liabilities, for example, are also reflected in the revenues and expenses on on Optica Rare's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The index is comprised of companies that generate at least 50 percent of their revenue from Rare Earths and Critical Materials Companies or engage in projects that have the potential, when developed, to generate 50 percent of revenue from Rare Earths and Critical Materials Companies. Optica Rare is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of Optica Rare Correlation against competitors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Optica Rare Earths is measured differently than its book value, which is the value of Optica that is recorded on the company's balance sheet. Investors also form their own opinion of Optica Rare's value that differs from its market value or its book value, called intrinsic value, which is Optica Rare'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 Optica Rare's market value can be influenced by many factors that don't directly affect Optica Rare'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 Optica Rare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optica Rare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optica Rare'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.