ETRACS IFED Financial Statements From 2010 to 2024
| IFED Etf | USD 42.63 0.58 1.38% |
Check ETRACS IFED financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ETRACS IFED's main balance sheet or income statement drivers, such as , as well as many indicators such as . ETRACS financial statements analysis is a perfect complement when working with ETRACS IFED Valuation or Volatility modules.
ETRACS |
ETRACS IFED Invest ETF Beta Analysis
ETRACS IFED'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 ETRACS IFED Beta | 0.98 |
Most of ETRACS IFED'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, ETRACS IFED Invest 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.
| Competition |
In accordance with the recently published financial statements, ETRACS IFED Invest has a Beta of 0.98. This is much higher than that of the family and significantly higher than that of the Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
About ETRACS IFED Financial Statements
ETRACS IFED stakeholders use historical fundamental indicators, such as ETRACS IFED's revenue or net income, to determine how well the company is positioned to perform in the future. Although ETRACS IFED investors may analyze each financial statement separately, they are all interrelated. For example, changes in ETRACS IFED's assets and liabilities are reflected in the revenues and expenses on ETRACS IFED's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ETRACS IFED Invest. Please read more on our technical analysis and fundamental analysis pages.
ETRACS IFED is entity of United States. It is traded as Etf on NYSE ARCA exchange.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ETRACS IFED Invest is a strong investment it is important to analyze ETRACS IFED's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ETRACS IFED's future performance. For an informed investment choice regarding ETRACS Etf, refer to the following important reports:Check out the analysis of ETRACS IFED Correlation against competitors. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of ETRACS IFED Invest is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS IFED's value that differs from its market value or its book value, called intrinsic value, which is ETRACS IFED'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 ETRACS IFED's market value can be influenced by many factors that don't directly affect ETRACS IFED'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 ETRACS IFED's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS IFED is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS IFED'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.