ETRACS 2x Financial Statements From 2010 to 2025
ETRACS 2x's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing ETRACS 2x's valuation are provided below:ETRACS 2x Leveraged does not now have any fundamental signals for analysis.
Check ETRACS 2x financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ETRACS 2x'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 2x Valuation or Volatility modules.
This module can also supplement various ETRACS 2x Technical models . Check out World Market Map 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 services. ETRACS 2x Leveraged ETF Beta Analysis
ETRACS 2x'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 2x Beta | 1.33 |
Most of ETRACS 2x'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 2x Leveraged 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.
CompetitionIn accordance with the recently published financial statements, ETRACS 2x Leveraged has a Beta of 1.33. This is much higher than that of the UBS family and significantly higher than that of the Trading--Leveraged Equity category. The beta for all United States etfs is notably lower than that of the firm.
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Try AI Portfolio ProphetCheck out World Market Map 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 services. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Tools for ETRACS Etf
When running ETRACS 2x's price analysis, check to measure ETRACS 2x's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ETRACS 2x is operating at the current time. Most of ETRACS 2x's value examination focuses on studying past and present price action to predict the probability of ETRACS 2x's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ETRACS 2x's price. Additionally, you may evaluate how the addition of ETRACS 2x to your portfolios can decrease your overall portfolio volatility.
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