Arrow ETF Financials
| GYLD Etf | USD 13.04 0.04 0.31% |
Net Expense Ratio 0.0075 | 3 y Sharp Ratio 0.01 |
Arrow |
The data published in Arrow ETF's official financial statements typically reflect Arrow ETF'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 Arrow ETF's quantitative information. For example, before you start analyzing numbers published by Arrow accountants, it's essential to understand Arrow ETF's liquidity, profitability, and earnings quality within the context of the ArrowShares space in which it operates.
Please note, the presentation of Arrow ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Arrow ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Arrow ETF's management manipulating its earnings.
Arrow ETF Etf Summary
Arrow ETF competes with IShares Morningstar, Amplify High, First Trust, SPDR SSgA, and Invesco CEF. The fund uses a passive or indexing investment approach to seek to track the price and yield performance of the index. Arrow DJ is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US04273H1041 |
| CUSIP | 04273H104 66537H105 |
| Region | Global |
| Investment Issuer | Arrow Investment Advisors |
| Etf Family | ArrowShares |
| Fund Category | Asset Allocation |
| Portfolio Concentration | Target Outcome |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Arrow ETF Key Financial Ratios
Arrow Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Arrow ETF's current stock value. Our valuation model uses many indicators to compare Arrow ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Arrow ETF competition to find correlations between indicators driving Arrow ETF's intrinsic value. More Info.Arrow ETF Trust is rated # 2 ETF in price to earning as compared to similar ETFs. It also is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Arrow ETF Trust is roughly 10.09 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Arrow ETF 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.Arrow ETF Trust Systematic Risk
Arrow ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Arrow ETF 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 Arrow ETF Trust correlated with the market. If Beta is less than 0 Arrow ETF generally moves in the opposite direction as compared to the market. If Arrow ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Arrow ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Arrow ETF is generally in the same direction as the market. If Beta > 1 Arrow ETF moves generally in the same direction as, but more than the movement of the benchmark.
About Arrow ETF Financials
What exactly are Arrow ETF 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 Arrow ETF's income statement, its balance sheet, and the statement of cash flows. Potential Arrow ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Arrow ETF investors may use each financial statement separately, they are all related. The changes in Arrow ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arrow ETF'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.Arrow ETF Thematic Clasifications
Arrow ETF Trust is part of several thematic ideas from Target Outcome ETFs to Asset Allocation 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 IdeasArrow ETF November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Arrow ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Arrow ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Arrow ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing Arrow Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Arrow ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8087 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 3.29 | |||
| Value At Risk | (0.97) | |||
| Potential Upside | 0.8534 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Arrow ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Arrow ETF Trust is measured differently than its book value, which is the value of Arrow that is recorded on the company's balance sheet. Investors also form their own opinion of Arrow ETF's value that differs from its market value or its book value, called intrinsic value, which is Arrow ETF'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 Arrow ETF's market value can be influenced by many factors that don't directly affect Arrow ETF'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 Arrow ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrow ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrow ETF'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.