ETRACS 2xMonthly Financial Statements From 2010 to 2025
| SMHB Etf | USD 5.42 0.24 4.63% |
Check ETRACS 2xMonthly financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ETRACS 2xMonthly'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 2xMonthly Valuation or Volatility modules.
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ETRACS 2xMonthly Pay ETF Beta Analysis
ETRACS 2xMonthly'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 2xMonthly Beta | 2.63 |
Most of ETRACS 2xMonthly'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 2xMonthly Pay 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, ETRACS 2xMonthly Pay has a Beta of 2.63. 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.
About ETRACS 2xMonthly Financial Statements
ETRACS 2xMonthly stakeholders use historical fundamental indicators, such as ETRACS 2xMonthly's revenue or net income, to determine how well the company is positioned to perform in the future. Although ETRACS 2xMonthly investors may analyze each financial statement separately, they are all interrelated. For example, changes in ETRACS 2xMonthly's assets and liabilities are reflected in the revenues and expenses on ETRACS 2xMonthly'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 ETRACS 2xMonthly Pay. Please read more on our technical analysis and fundamental analysis pages.
The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. Etracs 2X is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
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 ETRACS 2xMonthly Pay offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ETRACS 2xMonthly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etracs 2xmonthly Pay Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Etracs 2xmonthly Pay Etf:Check out the analysis of ETRACS 2xMonthly 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 ETRACS 2xMonthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS 2xMonthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 2xMonthly'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 ETRACS 2xMonthly's market value can be influenced by many factors that don't directly affect ETRACS 2xMonthly'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 ETRACS 2xMonthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2xMonthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 2xMonthly'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.