Evolve Active Financials
| DIVS Etf | CAD 16.09 0.05 0.31% |
Net Expense Ratio 0.0065 | 3 y Sharp Ratio (0.16) |
Evolve |
The data published in Evolve Active's official financial statements typically reflect Evolve Active'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 Evolve Active's quantitative information. For example, before you start analyzing numbers published by Evolve accountants, it's essential to understand Evolve Active's liquidity, profitability, and earnings quality within the context of the Evolve Funds Group Inc. space in which it operates.
Evolve Active Etf Summary
Evolve Active competes with Evolve Banks, Evolve Global, Evolve Global, Evolve Active, and Dynamic Active. The investment objective of CAPS is to seek to provide holders of Units with long-term capital appreciation by investing primarily in equity securities of U.S. listed large-capitalization companies using a selection process that combines quantitative techniques, fundamental analysis and risk management. EVOLVE ACTIVE is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA30052A1012 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Evolve Funds Group Inc. |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 844 370 4884 |
| Currency | CAD - Canadian Dollar |
You should never invest in Evolve Active 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 Active's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Evolve Active Key Financial Ratios
Evolve Active's financial ratios allow both analysts and investors to convert raw data from Evolve Active's financial statements into concise, actionable information that can be used to evaluate the performance of Evolve Active 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 Active's current stock value. Our valuation model uses many indicators to compare Evolve Active value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Evolve Active competition to find correlations between indicators driving Evolve Active's intrinsic value. More Info.Evolve Active Canadian is rated # 2 ETF in beta as compared to similar ETFs. It also is rated # 2 ETF in one year return as compared to similar ETFs reporting about 25.82 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Evolve Active by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Evolve Active's 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 Active Canadian Systematic Risk
Evolve Active's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Evolve Active 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Evolve Active Canadian correlated with the market. If Beta is less than 0 Evolve Active generally moves in the opposite direction as compared to the market. If Evolve Active Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Evolve Active Canadian is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Evolve Active is generally in the same direction as the market. If Beta > 1 Evolve Active moves generally in the same direction as, but more than the movement of the benchmark.
Evolve Active November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Evolve Active help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Evolve Active Canadian. We use our internally-developed statistical techniques to arrive at the intrinsic value of Evolve Active Canadian 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 Active's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3262 | |||
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.25 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.438 |
Other Information on Investing in Evolve Etf
Evolve Active 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 Active security.