LeaderSharesTM AlphaFactor Financial Statements From 2010 to 2024
| LSAF Etf | USD 43.63 0.41 0.95% |
Check LeaderSharesTM AlphaFactor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LeaderSharesTM AlphaFactor's main balance sheet or income statement drivers, such as , as well as many indicators such as . LeaderSharesTM financial statements analysis is a perfect complement when working with LeaderSharesTM AlphaFactor Valuation or Volatility modules.
LeaderSharesTM |
LeaderSharesTM AlphaFactor Core ETF Beta Analysis
LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor Beta | 1.0 |
Most of LeaderSharesTM AlphaFactor'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, LeaderSharesTM AlphaFactor Core 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, LeaderSharesTM AlphaFactor Core has a Beta of 1.0. This is much higher than that of the Redwood family and significantly higher than that of the Mid-Cap Blend category. The beta for all United States etfs is notably lower than that of the firm.
About LeaderSharesTM AlphaFactor Financial Statements
LeaderSharesTM AlphaFactor stakeholders use historical fundamental indicators, such as LeaderSharesTM AlphaFactor's revenue or net income, to determine how well the company is positioned to perform in the future. Although LeaderSharesTM AlphaFactor investors may analyze each financial statement separately, they are all interrelated. For example, changes in LeaderSharesTM AlphaFactor's assets and liabilities are reflected in the revenues and expenses on LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor Core. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, at least 80 percent of the funds net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. Leadershares Alphafactor is traded on NYSEARCA Exchange in the United States.
Currently Active Assets on Macroaxis
When determining whether LeaderSharesTM AlphaFactor is a strong investment it is important to analyze LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's future performance. For an informed investment choice regarding LeaderSharesTM Etf, refer to the following important reports:Check out the analysis of LeaderSharesTM AlphaFactor Correlation against competitors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of LeaderSharesTM AlphaFactor is measured differently than its book value, which is the value of LeaderSharesTM that is recorded on the company's balance sheet. Investors also form their own opinion of LeaderSharesTM AlphaFactor's value that differs from its market value or its book value, called intrinsic value, which is LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's market value can be influenced by many factors that don't directly affect LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if LeaderSharesTM AlphaFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeaderSharesTM AlphaFactor'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.