TrueShares Active Financial Statements From 2010 to 2026
| ERNZ Etf | 20.66 0.03 0.14% |
Check TrueShares Active financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TrueShares Active's main balance sheet or income statement drivers, such as , as well as many indicators such as . TrueShares financial statements analysis is a perfect complement when working with TrueShares Active Valuation or Volatility modules.
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TrueShares Active Yield ETF One Year Return Analysis
TrueShares Active'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 TrueShares Active One Year Return | (5.90) % |
Most of TrueShares Active'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, TrueShares Active Yield 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.
| Competition |
Based on the recorded statements, TrueShares Active Yield has an One Year Return of -5.9%. This is much lower than that of the family and significantly lower than that of the Moderately Aggressive Allocation category. The one year return for all United States etfs is notably higher than that of the company.
About TrueShares Active Financial Statements
TrueShares Active investors use historical fundamental indicators, such as TrueShares Active's 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 TrueShares Active. Please read more on our technical analysis and fundamental analysis pages.
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Check out the analysis of TrueShares Active Correlation against competitors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of TrueShares Active Yield is measured differently than its book value, which is the value of TrueShares that is recorded on the company's balance sheet. Investors also form their own opinion of TrueShares Active's value that differs from its market value or its book value, called intrinsic value, which is TrueShares Active'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 TrueShares Active's market value can be influenced by many factors that don't directly affect TrueShares Active'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 TrueShares Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueShares Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueShares Active'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.