Strategy Shares Gold Hedged Financials
| GLDBDelisted Etf | USD 23.35 0.48 2.01% |
Strategy |
The data published in Strategy Shares' official financial statements typically reflect Strategy Shares' 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 Strategy Shares' quantitative information. For example, before you start analyzing numbers published by Strategy accountants, it's essential to understand Strategy Shares' liquidity, profitability, and earnings quality within the context of the Strategy Shares space in which it operates.
Please note, the presentation of Strategy Shares' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Strategy Shares' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Strategy Shares' management manipulating its earnings.
Strategy Shares Etf Summary
Strategy Shares competes with Global Blockchain, First Trust, Great Southern, RiverFront Strategic, and Guaranty Bancshares,. The index is designed to provide broad exposure to the U.S. dollar-denominated investment grade corporate bond sector while at the same time mitigating or hedging against U.S. dollar currency risk through the implementation of a gold inflation hedge. Strategy Shares is traded on BATS Exchange in the United States.Strategy Shares Key Financial Ratios
Strategy Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Strategy Shares's current stock value. Our valuation model uses many indicators to compare Strategy Shares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Strategy Shares competition to find correlations between indicators driving Strategy Shares's intrinsic value. More Info.Strategy Shares Gold Hedged 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 11.59 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Strategy Shares' earnings, one of the primary drivers of an investment's value.Strategy Shares Market Pulse
| Quote | 23.35 |
| Change(%) | 2.01 |
| Change | 0.48 |
| Open | 23.83 |
| Low | 23.25 |
| High | 23.83 |
| Volume | 0 |
| Exchange | BATS |
About Strategy Shares Financials
What exactly are Strategy Shares 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 Strategy Shares' income statement, its balance sheet, and the statement of cash flows. Potential Strategy Shares investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Strategy Shares investors may use each financial statement separately, they are all related. The changes in Strategy Shares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Strategy Shares'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.Strategy Shares November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Strategy Shares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Strategy Shares Gold Hedged. We use our internally-developed statistical techniques to arrive at the intrinsic value of Strategy Shares Gold Hedged based on widely used predictive technical indicators. In general, we focus on analyzing Strategy Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Strategy Shares's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.16 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.22 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.72 |
Check out Risk vs Return Analysis 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 unemployment. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Strategy Etf
If you are still planning to invest in Strategy Shares Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Strategy Shares' history and understand the potential risks before investing.
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