EGIS Financial Statements From 2010 to 2024
| EGIS Etf | USD 37.10 0.03 0.08% |
Check EGIS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EGIS's main balance sheet or income statement drivers, such as , as well as many indicators such as . EGIS financial statements analysis is a perfect complement when working with EGIS Valuation or Volatility modules.
EGIS |
EGIS ETF One Year Return Analysis
EGIS'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 EGIS One Year Return | (8.87) % |
Most of EGIS'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, EGIS 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.
CompetitionBased on the recorded statements, EGIS has an One Year Return of -8.87%. This is much lower than that of the 2nd Vote Funds family and significantly lower than that of the Large Blend category. The one year return for all United States etfs is notably higher than that of the company.
About EGIS Financial Statements
EGIS 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 EGIS investors may analyze each financial statement separately, they are all interrelated. The changes in EGIS's assets and liabilities, for example, are also reflected in the revenues and expenses on on EGIS's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Under normal circumstances, the fund seeks to meet its investment objective by primarily investing its net assets, plus borrowings for investment purposes, if any, in the equity securities of large- and mid- capitalization companies domiciled in the U.S. andor principally traded in U.S. securities market that meet its 2nd Amendment and border security social criteria. 2ndvote Society is traded on BATS Exchange in the United States.
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Check out Investing Opportunities 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of EGIS is measured differently than its book value, which is the value of EGIS that is recorded on the company's balance sheet. Investors also form their own opinion of EGIS's value that differs from its market value or its book value, called intrinsic value, which is EGIS'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 EGIS's market value can be influenced by many factors that don't directly affect EGIS'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 EGIS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EGIS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EGIS'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.