QRAFT AI Financial Statements From 2010 to 2024
| QRFT Etf | USD 55.34 0.34 0.62% |
Check QRAFT AI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QRAFT AI's main balance sheet or income statement drivers, such as , as well as many indicators such as . QRAFT financial statements analysis is a perfect complement when working with QRAFT AI Valuation or Volatility modules.
QRAFT |
QRAFT AI Enhanced Large ETF Beta Analysis
QRAFT AI'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 QRAFT AI Beta | 1.03 |
Most of QRAFT AI'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, QRAFT AI Enhanced Large 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.
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In accordance with the recently published financial statements, QRAFT AI Enhanced Large has a Beta of 1.03. This is much higher than that of the Exchange Traded Concepts family and significantly higher than that of the Large Growth category. The beta for all United States etfs is notably lower than that of the firm.
About QRAFT AI Financial Statements
QRAFT AI 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 QRAFT AI investors may analyze each financial statement separately, they are all interrelated. The changes in QRAFT AI's assets and liabilities, for example, are also reflected in the revenues and expenses on on QRAFT AI's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund is an actively-managed ETF that seeks to achieve its investment objective by utilizing an investment strategy enhanced by the use of artificial intelligence. Qraft Ai-Enhanced is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of QRAFT AI Correlation against competitors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of QRAFT AI Enhanced is measured differently than its book value, which is the value of QRAFT that is recorded on the company's balance sheet. Investors also form their own opinion of QRAFT AI's value that differs from its market value or its book value, called intrinsic value, which is QRAFT AI'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 QRAFT AI's market value can be influenced by many factors that don't directly affect QRAFT AI'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 QRAFT AI's value and its price as these two are different measures arrived at by different means. Investors typically determine if QRAFT AI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QRAFT AI'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.