Humankind Benefit Financials
| HKND Etf | USD 33.83 0.18 0.53% |
Net Expense Ratio 0.0011 |
Humankind |
The data published in Humankind Benefit's official financial statements typically reflect Humankind Benefit'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 Humankind Benefit's quantitative information. For example, before you start analyzing numbers published by Humankind accountants, it's essential to understand Humankind Benefit's liquidity, profitability, and earnings quality within the context of the Humankind space in which it operates.
Please note, the presentation of Humankind Benefit'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, Humankind Benefit's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Humankind Benefit's management manipulating its earnings.
Humankind Benefit Etf Summary
Humankind Benefit competes with IShares Core, IShares Core, IShares Broad, IShares Core, and IShares Core. The index is primarily comprised of domestic equity securities and may not be comprised of greater than 5 percent of foreign securities . Humankind is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US4448691018 |
| CUSIP | 444869101 |
| Region | North America |
| Investment Issuer | Humankind Investments |
| Location | New York; U.S.A |
| Business Address | 79 Madison Avenue |
| Etf Family | Humankind |
| Fund Category | Broad Equity |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Humankind Benefit Key Financial Ratios
Humankind Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Humankind Benefit's current stock value. Our valuation model uses many indicators to compare Humankind Benefit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Humankind Benefit competition to find correlations between indicators driving Humankind Benefit's intrinsic value. More Info.Humankind Benefit 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 26.19 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Humankind Benefit 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.Humankind Benefit Systematic Risk
Humankind Benefit's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Humankind Benefit 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Humankind Benefit correlated with the market. If Beta is less than 0 Humankind Benefit generally moves in the opposite direction as compared to the market. If Humankind Benefit Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Humankind Benefit is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Humankind Benefit is generally in the same direction as the market. If Beta > 1 Humankind Benefit moves generally in the same direction as, but more than the movement of the benchmark.
About Humankind Benefit Financials
What exactly are Humankind Benefit 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 Humankind Benefit's income statement, its balance sheet, and the statement of cash flows. Potential Humankind Benefit investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Humankind Benefit investors may use each financial statement separately, they are all related. The changes in Humankind Benefit's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Humankind Benefit'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.Humankind Benefit Thematic Clasifications
Humankind Benefit is part of several thematic ideas from Theme ETFs to Broad Equity 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 IdeasHumankind Benefit November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Humankind Benefit help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Humankind Benefit. We use our internally-developed statistical techniques to arrive at the intrinsic value of Humankind Benefit based on widely used predictive technical indicators. In general, we focus on analyzing Humankind Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Humankind Benefit's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6862 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 2.72 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 0.9877 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Humankind Benefit. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Humankind Benefit is measured differently than its book value, which is the value of Humankind that is recorded on the company's balance sheet. Investors also form their own opinion of Humankind Benefit's value that differs from its market value or its book value, called intrinsic value, which is Humankind Benefit'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 Humankind Benefit's market value can be influenced by many factors that don't directly affect Humankind Benefit'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 Humankind Benefit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Humankind Benefit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Humankind Benefit'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.