MicroSectorsTM Oil Financial Statements From 2010 to 2024
| OILD Etf | USD 13.70 0.02 0.15% |
Check MicroSectorsTM Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MicroSectorsTM Oil's main balance sheet or income statement drivers, such as , as well as many indicators such as . MicroSectorsTM financial statements analysis is a perfect complement when working with MicroSectorsTM Oil Valuation or Volatility modules.
MicroSectorsTM |
MicroSectorsTM Oil Gas ETF One Year Return Analysis
MicroSectorsTM Oil'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 MicroSectorsTM Oil One Year Return | (32.70) % |
Most of MicroSectorsTM Oil'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, MicroSectorsTM Oil Gas 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.
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Based on the recorded statements, MicroSectorsTM Oil Gas has an One Year Return of -32.7%. This is much lower than that of the BMO Capital Markets family and significantly lower than that of the Trading--Inverse Equity category. The one year return for all United States etfs is notably higher than that of the company.
About MicroSectorsTM Oil Financial Statements
MicroSectorsTM Oil stakeholders use historical fundamental indicators, such as MicroSectorsTM Oil's revenue or net income, to determine how well the company is positioned to perform in the future. Although MicroSectorsTM Oil investors may analyze each financial statement separately, they are all interrelated. For example, changes in MicroSectorsTM Oil's assets and liabilities are reflected in the revenues and expenses on MicroSectorsTM Oil'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 MicroSectorsTM Oil Gas. Please read more on our technical analysis and fundamental analysis pages.
Microsectors Oil is traded on NYSEARCA Exchange in the United States.
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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 MicroSectorsTM Oil Gas is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MicroSectorsTM Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microsectorstm Oil Gas Etf. Highlighted below are key reports to facilitate an investment decision about Microsectorstm Oil Gas Etf:Check out the analysis of MicroSectorsTM Oil Correlation against competitors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of MicroSectorsTM Oil Gas is measured differently than its book value, which is the value of MicroSectorsTM that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectorsTM Oil's value that differs from its market value or its book value, called intrinsic value, which is MicroSectorsTM Oil'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 MicroSectorsTM Oil's market value can be influenced by many factors that don't directly affect MicroSectorsTM Oil'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 MicroSectorsTM Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectorsTM Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectorsTM Oil'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.