AstraZeneca PLC Financials
| AZNH Etf | 46.05 0.89 1.97% |
AstraZeneca |
The data published in AstraZeneca PLC's official financial statements typically reflect AstraZeneca PLC'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 AstraZeneca PLC's quantitative information. For example, before you start analyzing numbers published by AstraZeneca accountants, it's essential to understand AstraZeneca PLC's liquidity, profitability, and earnings quality within the context of the Health space in which it operates.
| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 74016W304 |
| Region | North America |
| Investment Issuer | Precidian Funds |
| Fund Category | Strategy |
| Portfolio Concentration | Single Stock |
| Benchmark | Dow Jones Industrial |
AstraZeneca PLC ADRhedged Systematic Risk
AstraZeneca PLC's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AstraZeneca PLC 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 AstraZeneca PLC ADRhedged correlated with the market. If Beta is less than 0 AstraZeneca PLC generally moves in the opposite direction as compared to the market. If AstraZeneca PLC Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AstraZeneca PLC ADRhedged is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AstraZeneca PLC is generally in the same direction as the market. If Beta > 1 AstraZeneca PLC moves generally in the same direction as, but more than the movement of the benchmark.
About AstraZeneca PLC Financials
What exactly are AstraZeneca PLC Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include AstraZeneca PLC's income statement, its balance sheet, and the statement of cash flows. Potential AstraZeneca PLC investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although AstraZeneca PLC investors may use each financial statement separately, they are all related. The changes in AstraZeneca PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AstraZeneca PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.AstraZeneca PLC Thematic Clasifications
AstraZeneca PLC ADRhedged is part of several thematic ideas from Strategy ETFs to Single Stock ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasAstraZeneca PLC February 7, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of AstraZeneca PLC help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AstraZeneca PLC ADRhedged. We use our internally-developed statistical techniques to arrive at the intrinsic value of AstraZeneca PLC ADRhedged based on widely used predictive technical indicators. In general, we focus on analyzing AstraZeneca Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AstraZeneca PLC's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.1101 | |||
| Maximum Drawdown | 5.07 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.97 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AstraZeneca PLC ADRhedged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of AstraZeneca PLC ADRhedged is measured differently than its book value, which is the value of AstraZeneca that is recorded on the company's balance sheet. Investors also form their own opinion of AstraZeneca PLC's value that differs from its market value or its book value, called intrinsic value, which is AstraZeneca PLC'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 AstraZeneca PLC's market value can be influenced by many factors that don't directly affect AstraZeneca PLC'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 AstraZeneca PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if AstraZeneca PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AstraZeneca PLC'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.