Evolve Banks Financials
| CALL Etf | CAD 14.93 0.15 1.01% |
Net Expense Ratio 0.0045 | 3 y Sharp Ratio (0.15) |
Evolve |
The data published in Evolve Banks' official financial statements typically reflect Evolve Banks' 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 Evolve Banks' quantitative information. For example, before you start analyzing numbers published by Evolve accountants, it's essential to understand Evolve Banks' liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
Evolve Banks Etf Summary
Evolve Banks competes with Brompton Global, Tech Leaders, Global Healthcare, and Brompton Flaherty. CALL seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged, or any successor thereto, while mitigating downside risk. EVOLVE US is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA30051C1086 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Oil, Gas & Consumable Fuels |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 844 370 4884 |
| Currency | CAD - Canadian Dollar |
You should never invest in Evolve Banks without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Evolve Etf, because this is throwing your money away. Analyzing the key information contained in Evolve Banks' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Evolve Banks Key Financial Ratios
Evolve Banks' financial ratios allow both analysts and investors to convert raw data from Evolve Banks' financial statements into concise, actionable information that can be used to evaluate the performance of Evolve Banks over time and compare it to other companies across industries.Evolve Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Evolve Banks's current stock value. Our valuation model uses many indicators to compare Evolve Banks value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Evolve Banks competition to find correlations between indicators driving Evolve Banks's intrinsic value. More Info.Evolve Banks Enhanced is the top ETF in beta as compared to similar ETFs. It also is the top ETF in annual yield as compared to similar ETFs fabricating about 0.08 of Annual Yield per Beta. The ratio of Beta to Annual Yield for Evolve Banks Enhanced is roughly 13.11 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Evolve Banks by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Evolve Banks' Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Evolve Banks Enhanced Systematic Risk
Evolve Banks' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Evolve Banks 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Evolve Banks Enhanced correlated with the market. If Beta is less than 0 Evolve Banks generally moves in the opposite direction as compared to the market. If Evolve Banks Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Evolve Banks Enhanced is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Evolve Banks is generally in the same direction as the market. If Beta > 1 Evolve Banks moves generally in the same direction as, but more than the movement of the benchmark.
Evolve Banks November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Evolve Banks help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Evolve Banks Enhanced. We use our internally-developed statistical techniques to arrive at the intrinsic value of Evolve Banks Enhanced based on widely used predictive technical indicators. In general, we focus on analyzing Evolve Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Evolve Banks's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.13 | |||
| Information Ratio | 0.0783 | |||
| Maximum Drawdown | 12.11 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.29 |
Other Information on Investing in Evolve Etf
Evolve Banks financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Banks security.