ETF Series Financials
| DSMC Etf | USD 37.97 0.09 0.24% |
Net Expense Ratio 0.0055 |
ETF |
The data published in ETF Series' official financial statements typically reflect ETF Series' 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 ETF Series' quantitative information. For example, before you start analyzing numbers published by ETF accountants, it's essential to understand ETF Series' liquidity, profitability, and earnings quality within the context of the Distillate Capital Partners space in which it operates.
Please note, the presentation of ETF Series' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ETF Series' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ETF Series' management manipulating its earnings.
ETF Series Etf Summary
ETF Series competes with Vanguard Small, IShares Russell, Dimensional Targeted, IShares SP, and SPDR SP. The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities of small- and mid-capitalization companies. ETF Series is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| ISIN | US26922B6671 |
| CUSIP | 26922B667 |
| Region | North America |
| Investment Issuer | Distillate Capital Partners |
| Etf Family | Distillate Capital Partners |
| Fund Category | Broad Equity |
| Portfolio Concentration | Size and Style |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ETF Series Solutions Systematic Risk
ETF Series' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ETF Series 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on ETF Series Solutions correlated with the market. If Beta is less than 0 ETF Series generally moves in the opposite direction as compared to the market. If ETF Series Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ETF Series Solutions is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ETF Series is generally in the same direction as the market. If Beta > 1 ETF Series moves generally in the same direction as, but more than the movement of the benchmark.
About ETF Series Financials
What exactly are ETF Series 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 ETF Series' income statement, its balance sheet, and the statement of cash flows. Potential ETF Series investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ETF Series investors may use each financial statement separately, they are all related. The changes in ETF Series's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ETF Series'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.ETF Series Thematic Clasifications
ETF Series Solutions is part of several thematic ideas from Broad Equity ETFs to Size And Style 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 IdeasETF Series November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ETF Series help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ETF Series Solutions. We use our internally-developed statistical techniques to arrive at the intrinsic value of ETF Series Solutions based on widely used predictive technical indicators. In general, we focus on analyzing ETF Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ETF Series's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.02 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.91 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.82 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ETF Series Solutions. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of ETF Series Solutions is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Series' value that differs from its market value or its book value, called intrinsic value, which is ETF Series' 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 ETF Series' market value can be influenced by many factors that don't directly affect ETF Series' 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 ETF Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Series' 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.