Inspire SmallMid Financials
| ISMD Etf | USD 40.16 0.74 1.88% |
Net Expense Ratio 0.0059 | 3 y Sharp Ratio 0.11 |
Inspire |
The data published in Inspire SmallMid's official financial statements typically reflect Inspire SmallMid'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 Inspire SmallMid's quantitative information. For example, before you start analyzing numbers published by Inspire accountants, it's essential to understand Inspire SmallMid's liquidity, profitability, and earnings quality within the context of the Inspire space in which it operates.
Please note, the presentation of Inspire SmallMid'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, Inspire SmallMid's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Inspire SmallMid's management manipulating its earnings.
Inspire SmallMid Etf Summary
Inspire SmallMid competes with Invesco PureBeta, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and Via Renewables. The fund generally invests at least 80 percent of its total assets in the component securities of the index. Inspire SmallMid is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US66538H6412 |
| CUSIP | 66538H641 |
| Region | North America |
| Investment Issuer | Inspire Investing |
| Etf Family | Inspire |
| Fund Category | Size and Style |
| Portfolio Concentration | Small Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Inspire SmallMid Key Financial Ratios
Inspire Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Inspire SmallMid's current stock value. Our valuation model uses many indicators to compare Inspire SmallMid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Inspire SmallMid competition to find correlations between indicators driving Inspire SmallMid's intrinsic value. More Info.Inspire SmallMid Cap is rated third overall ETF in beta as compared to similar ETFs. It is considered the top ETF in one year return as compared to similar ETFs reporting about 28.04 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Inspire SmallMid 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.Inspire SmallMid Cap Systematic Risk
Inspire SmallMid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Inspire SmallMid 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 Inspire SmallMid Cap correlated with the market. If Beta is less than 0 Inspire SmallMid generally moves in the opposite direction as compared to the market. If Inspire SmallMid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Inspire SmallMid Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Inspire SmallMid is generally in the same direction as the market. If Beta > 1 Inspire SmallMid moves generally in the same direction as, but more than the movement of the benchmark.
About Inspire SmallMid Financials
What exactly are Inspire SmallMid 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 Inspire SmallMid's income statement, its balance sheet, and the statement of cash flows. Potential Inspire SmallMid investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Inspire SmallMid investors may use each financial statement separately, they are all related. The changes in Inspire SmallMid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Inspire SmallMid'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.Inspire SmallMid Thematic Clasifications
Inspire SmallMid Cap is part of several thematic ideas from Small Cap ETFs to Size And Style 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 IdeasInspire SmallMid November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Inspire SmallMid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Inspire SmallMid Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Inspire SmallMid Cap based on widely used predictive technical indicators. In general, we focus on analyzing Inspire Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Inspire SmallMid's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.0198 | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.94 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspire SmallMid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Inspire SmallMid Cap is measured differently than its book value, which is the value of Inspire that is recorded on the company's balance sheet. Investors also form their own opinion of Inspire SmallMid's value that differs from its market value or its book value, called intrinsic value, which is Inspire SmallMid'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 Inspire SmallMid's market value can be influenced by many factors that don't directly affect Inspire SmallMid'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 Inspire SmallMid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspire SmallMid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspire SmallMid'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.