ETF Series Financials
| IDUB Etf | 20.75 0.02 0.1% |
Net Expense Ratio 0.0045 | 3 y Sharp Ratio (0.38) |
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 Derivative Income 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 Freedom Day, Franklin Templeton, IShares MSCI, Tidal Trust, and IShares Dividend. ETF Series is entity of United States. It is traded as Etf on BATS exchange.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US26922B7091 |
| Region | Global ex-U.S. |
| Investment Issuer | Aptus Capital Advisors |
| Fund Category | Strategy |
| Portfolio Concentration | Buywrite |
| Benchmark | Dow Jones Industrial |
ETF Series Key Financial Ratios
ETF Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ETF Series's current stock value. Our valuation model uses many indicators to compare ETF Series value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ETF Series competition to find correlations between indicators driving ETF Series's intrinsic value. More Info.ETF Series Solutions is considered the top ETF in beta as compared to similar ETFs. It also is considered the top ETF in one year return as compared to similar ETFs reporting about 17.73 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 ETF Series' earnings, one of the primary drivers of an investment's value.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 fourteen with a total number of output elements of fourty-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 Strategy ETFs to Buywrite 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 28, 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.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 3.67 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.4 |
Check out Risk vs Return Analysis 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 employment. 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 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.