FMQQ Next Financials
| FMQQ Etf | USD 13.51 0.05 0.37% |
Net Expense Ratio 0.0086 | 3 y Sharp Ratio (0.82) |
FMQQ |
The data published in FMQQ Next's official financial statements typically reflect FMQQ Next'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 FMQQ Next's quantitative information. For example, before you start analyzing numbers published by FMQQ accountants, it's essential to understand FMQQ Next's liquidity, profitability, and earnings quality within the context of the Exchange Traded Concepts Trust space in which it operates.
FMQQ Next Etf Summary
FMQQ Next competes with India Internet, EMQQ Emerging, and KraneShares California. The fund invests in securities comprising the index or in depositary receipts representing securities of the index. Fmqq Next is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US3015055904 |
| CUSIP | 301505590 |
| Region | Global |
| Investment Issuer | Exchange Traded Concepts |
| Etf Family | Exchange Traded Concepts Trust |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
FMQQ Next Key Financial Ratios
FMQQ Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining FMQQ Next's current stock value. Our valuation model uses many indicators to compare FMQQ Next value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FMQQ Next competition to find correlations between indicators driving FMQQ Next's intrinsic value. More Info.FMQQ The Next is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 20.72 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value FMQQ Next 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.FMQQ The Next Systematic Risk
FMQQ Next's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FMQQ Next 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on FMQQ The Next correlated with the market. If Beta is less than 0 FMQQ Next generally moves in the opposite direction as compared to the market. If FMQQ Next Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FMQQ The Next is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FMQQ Next is generally in the same direction as the market. If Beta > 1 FMQQ Next moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as FMQQ Next is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of FMQQ has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if FMQQ Next's financials are consistent with your investment objective using the following steps:- Review FMQQ Next's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand FMQQ Next's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare FMQQ Next's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if FMQQ Next's stock is overvalued or undervalued.
FMQQ Next Thematic Clasifications
FMQQ The Next is part of several thematic ideas from Theme ETFs to Strategy 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 IdeasFMQQ Next November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of FMQQ Next help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FMQQ The Next. We use our internally-developed statistical techniques to arrive at the intrinsic value of FMQQ The Next based on widely used predictive technical indicators. In general, we focus on analyzing FMQQ Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FMQQ Next's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.05 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.4 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.36 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FMQQ The Next. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of FMQQ The Next is measured differently than its book value, which is the value of FMQQ that is recorded on the company's balance sheet. Investors also form their own opinion of FMQQ Next's value that differs from its market value or its book value, called intrinsic value, which is FMQQ Next'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 FMQQ Next's market value can be influenced by many factors that don't directly affect FMQQ Next'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 FMQQ Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if FMQQ Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FMQQ Next'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.