ALABAMA TAX Financials
| ALABX Etf | USD 13.79 0.01 0.07% |
ALABAMA |
The data published in ALABAMA TAX's official financial statements typically reflect ALABAMA TAX's 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 ALABAMA TAX's quantitative information. For example, before you start analyzing numbers published by ALABAMA accountants, it's essential to understand ALABAMA TAX's liquidity, profitability, and earnings quality within the context of the Leavell space in which it operates.
Please note, the imprecision that can be found in ALABAMA TAX's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ALABAMA TAX FREE BOND. Check ALABAMA TAX's Beneish M Score to see the likelihood of ALABAMA TAX's management manipulating its earnings.
ALABAMA TAX Etf Summary
ALABAMA TAX competes with Government Street, Government Street, SPDR Bloomberg, and SPDR SP. The fund pursues its investment objective by normally investing 60 percent of its assets in equity securities and 40 percent of its assets in fixed-income securities and cash equivalents. Equity securities in which the fund may invest include common stocks and preferred stocks. Its fixed-income investments may reflect a broad range of credit qualities and may include corporate debt securities, U.S. government obligations, agency mortgage-backed securities, asset-backed securities, and bank loans.Specialization | Allocation--50% to 70% Equity, Large Blend |
| Instrument | USA Etf View All |
| Exchange | NMFQS Exchange |
| Region | Others |
| Investment Issuer | Others |
| Business Address | Financial Investors Trust |
| Etf Family | Leavell |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 866 759 5679 |
| Currency | USD - US Dollar |
ALABAMA TAX Key Financial Ratios
ALABAMA Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ALABAMA TAX's current stock value. Our valuation model uses many indicators to compare ALABAMA TAX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ALABAMA TAX competition to find correlations between indicators driving ALABAMA TAX's intrinsic value. More Info.ALABAMA TAX FREE BOND is rated below average in annual yield as compared to similar ETFs. It is third largest ETF in year to date return as compared to similar ETFs creating about 1,267 of Year To Date Return per Annual Yield. 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 ALABAMA TAX's earnings, one of the primary drivers of an investment's value.ALABAMA TAX FREE Systematic Risk
ALABAMA TAX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ALABAMA TAX 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 twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on ALABAMA TAX FREE correlated with the market. If Beta is less than 0 ALABAMA TAX generally moves in the opposite direction as compared to the market. If ALABAMA TAX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ALABAMA TAX FREE is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ALABAMA TAX is generally in the same direction as the market. If Beta > 1 ALABAMA TAX moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as ALABAMA TAX is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of ALABAMA has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if ALABAMA TAX's financials are consistent with your investment objective using the following steps:- Review ALABAMA TAX's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand ALABAMA TAX's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare ALABAMA TAX's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if ALABAMA TAX's stock is overvalued or undervalued.
ALABAMA TAX December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ALABAMA TAX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ALABAMA TAX FREE BOND. We use our internally-developed statistical techniques to arrive at the intrinsic value of ALABAMA TAX FREE BOND based on widely used predictive technical indicators. In general, we focus on analyzing ALABAMA Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ALABAMA TAX's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4743 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 2.53 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.7776 |
Other Information on Investing in ALABAMA Etf
ALABAMA TAX financial ratios help investors to determine whether ALABAMA 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 ALABAMA with respect to the benefits of owning ALABAMA TAX security.