FIVR Financial Statements From 2010 to 2024
| FIVR Etf | USD 21.55 0.22 1.01% |
Check FIVR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FIVR's main balance sheet or income statement drivers, such as , as well as many indicators such as . FIVR financial statements analysis is a perfect complement when working with FIVR Valuation or Volatility modules.
FIVR |
FIVR ETF Net Asset Analysis
FIVR's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current FIVR Net Asset | 1.99 M |
Most of FIVR's fundamental indicators, such as Net Asset, 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, FIVR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, FIVR has a Net Asset of 1.99 M. This is much higher than that of the Strategy Shares family and significantly higher than that of the Allocation--15% to 30% Equity category. The net asset for all United States etfs is notably lower than that of the firm.
About FIVR Financial Statements
FIVR 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 FIVR investors may analyze each financial statement separately, they are all interrelated. The changes in FIVR's assets and liabilities, for example, are also reflected in the revenues and expenses on on FIVR's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund will invest at least 80 percent of its assets in securities of the index. Strategy Shares is traded on NASDAQ Exchange in the United States.
Pair Trading with FIVR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FIVR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FIVR will appreciate offsetting losses from the drop in the long position's value.Moving together with FIVR Etf
Moving against FIVR Etf
| 0.59 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.51 | SAVN | LifeGoal Investments | PairCorr |
| 0.44 | PSMC | PSMC | PairCorr |
| 0.39 | BND | Vanguard Total Bond | PairCorr |
The ability to find closely correlated positions to FIVR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FIVR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FIVR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FIVR to buy it.
The correlation of FIVR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FIVR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FIVR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FIVR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 real. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of FIVR is measured differently than its book value, which is the value of FIVR that is recorded on the company's balance sheet. Investors also form their own opinion of FIVR's value that differs from its market value or its book value, called intrinsic value, which is FIVR'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 FIVR's market value can be influenced by many factors that don't directly affect FIVR'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 FIVR's value and its price as these two are different measures arrived at by different means. Investors typically determine if FIVR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FIVR'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.