Arrow DWA Financial Statements From 2010 to 2024
| DWAT Etf | USD 11.96 0.03 0.25% |
Check Arrow DWA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arrow DWA's main balance sheet or income statement drivers, such as , as well as many indicators such as . Arrow financial statements analysis is a perfect complement when working with Arrow DWA Valuation or Volatility modules.
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Arrow DWA Tactical ETF Beta Analysis
Arrow DWA'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 Arrow DWA Beta | 0.84 |
Most of Arrow DWA'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, Arrow DWA Tactical 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, Arrow DWA Tactical has a Beta of 0.84. This is much higher than that of the ArrowShares family and significantly higher than that of the Tactical Allocation category. The beta for all United States etfs is notably lower than that of the firm.
Arrow DWA Tactical Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Arrow DWA's current stock value. Our valuation model uses many indicators to compare Arrow DWA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Arrow DWA competition to find correlations between indicators driving Arrow DWA's intrinsic value. More Info.Arrow DWA Tactical is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Arrow DWA Tactical is roughly 8.80 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Arrow DWA 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 Arrow DWA Financial Statements
Arrow DWA 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 Arrow DWA investors may analyze each financial statement separately, they are all interrelated. The changes in Arrow DWA's assets and liabilities, for example, are also reflected in the revenues and expenses on on Arrow DWA's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund primarily invests in other exchange traded funds that invests primarily in domestic and foreign equity securities of any market capitalization, fixed-income securities of any credit quality, or alternative assets. Arrow DWA is traded on BATS Exchange in the United States.
Thematic Opportunities
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Check out the analysis of Arrow DWA Correlation against competitors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Arrow DWA Tactical is measured differently than its book value, which is the value of Arrow that is recorded on the company's balance sheet. Investors also form their own opinion of Arrow DWA's value that differs from its market value or its book value, called intrinsic value, which is Arrow DWA'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 Arrow DWA's market value can be influenced by many factors that don't directly affect Arrow DWA'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 Arrow DWA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrow DWA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrow DWA'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.