Leverage Shares Financials
| 3NVD Etf | 5,616 324.00 5.45% |
3 y Sharp Ratio 1.12 |
Leverage |
The data published in Leverage Shares' official financial statements typically reflect Leverage Shares' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Leverage Shares' quantitative information. For example, before you start analyzing numbers published by Leverage accountants, it's essential to understand Leverage Shares' liquidity, profitability, and earnings quality within the context of the Trading - Leveraged/Inverse Equity space in which it operates.
Please note, the imprecision that can be found in Leverage Shares' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Leverage Shares 3x. Check Leverage Shares' Beneish M Score to see the likelihood of Leverage Shares' management manipulating its earnings.
Leverage Shares Etf Summary
Leverage Shares competes with Leverage Shares, WisdomTree, WisdomTree Silver, Leverage Shares, and GraniteShares FAANG. Leverage Shares is entity of United Kingdom. It is traded as Etf on LSE exchange.Leverage Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Leverage Shares's current stock value. Our valuation model uses many indicators to compare Leverage Shares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Leverage Shares competition to find correlations between indicators driving Leverage Shares's intrinsic value. More Info.Leverage Shares 3x is rated below average in one year return as compared to similar ETFs. It is rated below average in three year return as compared to similar ETFs reporting about 0.08 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Leverage Shares 3x is roughly 13.32 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Leverage Shares' earnings, one of the primary drivers of an investment's value.Leverage Shares 3x Systematic Risk
Leverage Shares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Leverage Shares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Leverage Shares 3x correlated with the market. If Beta is less than 0 Leverage Shares generally moves in the opposite direction as compared to the market. If Leverage Shares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Leverage Shares 3x is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Leverage Shares is generally in the same direction as the market. If Beta > 1 Leverage Shares moves generally in the same direction as, but more than the movement of the benchmark.
Leverage Shares November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Leverage Shares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Leverage Shares 3x. We use our internally-developed statistical techniques to arrive at the intrinsic value of Leverage Shares 3x based on widely used predictive technical indicators. In general, we focus on analyzing Leverage Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Leverage Shares's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.28 | |||
| Information Ratio | 0.0626 | |||
| Maximum Drawdown | 38.75 | |||
| Value At Risk | (11.63) | |||
| Potential Upside | 12.28 |
Other Information on Investing in Leverage Etf
Leverage Shares financial ratios help investors to determine whether Leverage Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Leverage with respect to the benefits of owning Leverage Shares security.