Fairlead Tactical Financial Statements From 2010 to 2026
| TACK Etf | USD 30.05 0.00 0.00% |
Check Fairlead Tactical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fairlead Tactical's main balance sheet or income statement drivers, such as , as well as many indicators such as . Fairlead financial statements analysis is a perfect complement when working with Fairlead Tactical Valuation or Volatility modules.
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Fairlead Tactical Sector ETF Beta Analysis
Fairlead Tactical'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 Fairlead Tactical Beta | 1.0 |
Most of Fairlead Tactical'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, Fairlead Tactical Sector 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, Fairlead Tactical Sector has a Beta of 1.0. This is much higher than that of the Fairlead Funds family and significantly higher than that of the Tactical Allocation category. The beta for all United States etfs is notably lower than that of the firm.
About Fairlead Tactical Financial Statements
Fairlead Tactical investors utilize fundamental indicators, such as revenue or net income, to predict how Fairlead Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The fund is a diversified actively-managed ETF that under normal circumstances will invest more than 80 percent of the funds net assets in passive domestic equity sector ETFs and ETFs investing respectively in gold and U.S. Capitol Fairlead is traded on NYSEARCA Exchange in the United States.
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The market value of Fairlead Tactical Sector is measured differently than its book value, which is the value of Fairlead that is recorded on the company's balance sheet. Investors also form their own opinion of Fairlead Tactical's value that differs from its market value or its book value, called intrinsic value, which is Fairlead Tactical'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 Fairlead Tactical's market value can be influenced by many factors that don't directly affect Fairlead Tactical'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 Fairlead Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fairlead Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fairlead Tactical'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.