SEI Exchange Financial Statements From 2010 to 2024
| SEIQ Etf | USD 36.54 0.13 0.36% |
Check SEI Exchange financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SEI Exchange's main balance sheet or income statement drivers, such as , as well as many indicators such as . SEI financial statements analysis is a perfect complement when working with SEI Exchange Valuation or Volatility modules.
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SEI Exchange Traded ETF One Year Return Analysis
SEI Exchange'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 SEI Exchange One Year Return | 25.70 % |
Most of SEI Exchange'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, SEI Exchange Traded 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, SEI Exchange Traded has an One Year Return of 25.7%. This is much higher than that of the SEI Investments Co family and significantly higher than that of the Large Blend category. The one year return for all United States etfs is notably lower than that of the firm.
About SEI Exchange Financial Statements
SEI Exchange 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 SEI Exchange investors may analyze each financial statement separately, they are all interrelated. The changes in SEI Exchange's assets and liabilities, for example, are also reflected in the revenues and expenses on on SEI Exchange's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity and equity-related securities issued by large U.S. companies. Sei Enhanced is traded on BATS Exchange in the United States.
Pair Trading with SEI Exchange
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SEI Exchange position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SEI Exchange will appreciate offsetting losses from the drop in the long position's value.Moving together with SEI Etf
| 0.98 | VTI | Vanguard Total Stock | PairCorr |
| 0.98 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.98 | IVV | iShares Core SP | PairCorr |
| 0.95 | VIG | Vanguard Dividend | PairCorr |
| 0.98 | VV | Vanguard Large Cap | PairCorr |
The ability to find closely correlated positions to SEI Exchange could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SEI Exchange when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SEI Exchange - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SEI Exchange Traded to buy it.
The correlation of SEI Exchange is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SEI Exchange moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SEI Exchange Traded moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SEI Exchange can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of SEI Exchange Correlation against competitors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of SEI Exchange Traded is measured differently than its book value, which is the value of SEI that is recorded on the company's balance sheet. Investors also form their own opinion of SEI Exchange's value that differs from its market value or its book value, called intrinsic value, which is SEI Exchange'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 SEI Exchange's market value can be influenced by many factors that don't directly affect SEI Exchange'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 SEI Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if SEI Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SEI Exchange'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.