ETF Opportunities Financial Statements From 2010 to 2024
| WLTG Etf | USD 30.48 0.20 0.66% |
Check ETF Opportunities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ETF Opportunities' main balance sheet or income statement drivers, such as , as well as many indicators such as . ETF financial statements analysis is a perfect complement when working with ETF Opportunities Valuation or Volatility modules.
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ETF Opportunities Trust ETF One Year Return Analysis
ETF Opportunities' 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 ETF Opportunities One Year Return | 36.60 % |
Most of ETF Opportunities' 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, ETF Opportunities Trust 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, ETF Opportunities Trust has an One Year Return of 36.6%. This is much higher than that of the WealthTrust Asset Management 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 ETF Opportunities Financial Statements
ETF Opportunities stakeholders use historical fundamental indicators, such as ETF Opportunities' revenue or net income, to determine how well the company is positioned to perform in the future. Although ETF Opportunities investors may analyze each financial statement separately, they are all interrelated. For example, changes in ETF Opportunities' assets and liabilities are reflected in the revenues and expenses on ETF Opportunities' 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 ETF Opportunities Trust. Please read more on our technical analysis and fundamental analysis pages.
The funds investment strategy is based on the belief that long term superior performance of a portfolio is driven by two factors 1 tactical allocation is accomplished by identifying positive trends for asset classes, sectors, and industries and 2 equity stock selection is based on quantitative analysis with an emphasis on earnings. ETF Opportunities is traded on NYSEARCA Exchange in the United States.
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When determining whether ETF Opportunities Trust is a strong investment it is important to analyze ETF Opportunities' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ETF Opportunities' future performance. For an informed investment choice regarding ETF Etf, refer to the following important reports:Check out the analysis of ETF Opportunities Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of ETF Opportunities Trust is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Opportunities' value that differs from its market value or its book value, called intrinsic value, which is ETF Opportunities' 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 ETF Opportunities' market value can be influenced by many factors that don't directly affect ETF Opportunities' 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 ETF Opportunities' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Opportunities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Opportunities' 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.