Element ETFs Financials
| CHRG Etf | 20.28 0.26 1.27% |
Element |
The data published in Element ETFs' official financial statements typically reflect Element ETFs' 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 Element ETFs' quantitative information. For example, before you start analyzing numbers published by Element accountants, it's essential to understand Element ETFs' liquidity, profitability, and earnings quality within the context of the Element space in which it operates.
Element ETFs Market Pulse
| Quote | 20.28 |
| Change(%) | 1.27 |
| Change | 0.26 |
| Open | 20.54 |
| Low | 20.28 |
| High | 20.54 |
| Volume | 0 |
| Exchange | NASDAQ |
About Element ETFs Financials
What exactly are Element ETFs 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 Element ETFs' income statement, its balance sheet, and the statement of cash flows. Potential Element ETFs investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Element ETFs investors may use each financial statement separately, they are all related. The changes in Element ETFs's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Element ETFs'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.Element ETFs December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Element ETFs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Element ETFs. We use our internally-developed statistical techniques to arrive at the intrinsic value of Element ETFs based on widely used predictive technical indicators. In general, we focus on analyzing Element Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Element ETFs's daily price indicators and compare them against related drivers.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 9.05 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 1.91 |
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 metropolitan statistical area. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Element ETFs is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element ETFs' value that differs from its market value or its book value, called intrinsic value, which is Element ETFs' 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 Element ETFs' market value can be influenced by many factors that don't directly affect Element ETFs' 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 Element ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Element ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element ETFs' 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.