ETRACS Monthly Financials
| CEFD Etf | USD 20.26 0.17 0.85% |
3 y Sharp Ratio (0.18) |
ETRACS |
The data published in ETRACS Monthly's official financial statements typically reflect ETRACS Monthly'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 ETRACS Monthly's quantitative information. For example, before you start analyzing numbers published by ETRACS accountants, it's essential to understand ETRACS Monthly's liquidity, profitability, and earnings quality within the context of the UBS space in which it operates.
Please note, the presentation of ETRACS Monthly's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ETRACS Monthly's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ETRACS Monthly's management manipulating its earnings.
ETRACS Monthly Etf Summary
ETRACS Monthly competes with ETRACS Quarterly, Simplify Volatility, ETRACS Monthly, IShares Trust, and ETRACS 2xMonthly. The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield. Etracs Monthly is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US90269A2868 |
| CUSIP | 90269A286 |
| Region | Global |
| Investment Issuer | UBS |
| Etf Family | UBS |
| Fund Category | Asset Allocation |
| Portfolio Concentration | Target Outcome |
| Benchmark | Dow Jones Industrial |
| Phone | 800 354 9103 |
| Currency | USD - US Dollar |
ETRACS Monthly Key Financial Ratios
ETRACS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ETRACS Monthly's current stock value. Our valuation model uses many indicators to compare ETRACS Monthly value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ETRACS Monthly competition to find correlations between indicators driving ETRACS Monthly's intrinsic value. More Info.ETRACS Monthly Pay is the top ETF in beta as compared to similar ETFs. It also is the top ETF in one year return as compared to similar ETFs reporting about 0.73 of One Year Return per Beta. The ratio of Beta to One Year Return for ETRACS Monthly Pay is roughly 1.38 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ETRACS Monthly 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.ETRACS Monthly Pay Systematic Risk
ETRACS Monthly's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ETRACS Monthly 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 fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on ETRACS Monthly Pay correlated with the market. If Beta is less than 0 ETRACS Monthly generally moves in the opposite direction as compared to the market. If ETRACS Monthly Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ETRACS Monthly Pay is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ETRACS Monthly is generally in the same direction as the market. If Beta > 1 ETRACS Monthly moves generally in the same direction as, but more than the movement of the benchmark.
About ETRACS Monthly Financials
What exactly are ETRACS Monthly 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 ETRACS Monthly's income statement, its balance sheet, and the statement of cash flows. Potential ETRACS Monthly investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ETRACS Monthly investors may use each financial statement separately, they are all related. The changes in ETRACS Monthly's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ETRACS Monthly'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.ETRACS Monthly Thematic Clasifications
ETRACS Monthly Pay is part of several thematic ideas from Asset Allocation ETFs to Target Outcome 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 IdeasETRACS Monthly January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ETRACS Monthly help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ETRACS Monthly Pay. We use our internally-developed statistical techniques to arrive at the intrinsic value of ETRACS Monthly Pay based on widely used predictive technical indicators. In general, we focus on analyzing ETRACS Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ETRACS Monthly's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.03 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.98 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.47 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ETRACS Monthly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of ETRACS Monthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Monthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Monthly'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 ETRACS Monthly's market value can be influenced by many factors that don't directly affect ETRACS Monthly'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 ETRACS Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Monthly'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.