US Commodity Financials
ALUM Etf | 33.21 2.43 6.82% |
ALUM |
The data published in US Commodity's official financial statements typically reflect US Commodity'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 US Commodity's quantitative information. For example, before you start analyzing numbers published by ALUM accountants, it's essential to understand US Commodity's liquidity, profitability, and earnings quality within the context of the Global X Funds space in which it operates.
Instrument | USA Etf View All |
Exchange | NASDAQ Exchange |
Region | Global |
Investment Issuer | US Commodity Funds |
Etf Family | Global X Funds |
Fund Category | Industrial Metals |
Portfolio Concentration | Aluminum |
Benchmark | Dow Jones Industrial |
Phone | 888 493 8631 |
ALUM Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining US Commodity's current stock value. Our valuation model uses many indicators to compare US Commodity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across US Commodity competition to find correlations between indicators driving US Commodity's intrinsic value. More Info.US Commodity Funds is the top ETF in annual yield as compared to similar ETFs. It also is the top ETF in year to date return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value US Commodity by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.US Commodity Market Pulse
Quote | 33.21 |
Change(%) | 6.82 |
Change | 2.43 |
Open | 35.64 |
Low | 33.21 |
High | 35.64 |
Volume | 0 |
Exchange | NASDAQ |
US Commodity December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of US Commodity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of US Commodity Funds. We use our internally-developed statistical techniques to arrive at the intrinsic value of US Commodity Funds based on widely used predictive technical indicators. In general, we focus on analyzing ALUM Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build US Commodity's daily price indicators and compare them against related drivers.
Downside Deviation | 2.07 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 14.83 | |||
Value At Risk | (3.93) | |||
Potential Upside | 4.28 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of US Commodity Funds is measured differently than its book value, which is the value of ALUM that is recorded on the company's balance sheet. Investors also form their own opinion of US Commodity's value that differs from its market value or its book value, called intrinsic value, which is US Commodity'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 US Commodity's market value can be influenced by many factors that don't directly affect US Commodity'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 US Commodity's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Commodity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Commodity'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.