Siren DIVCON Financials
| LEAD Etf | USD 71.01 0.65 0.92% |
Net Expense Ratio 0.0043 | 3 y Sharp Ratio 0.25 |
Siren |
The data published in Siren DIVCON's official financial statements typically reflect Siren DIVCON'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 Siren DIVCON's quantitative information. For example, before you start analyzing numbers published by Siren accountants, it's essential to understand Siren DIVCON's liquidity, profitability, and earnings quality within the context of the SRN Advisors space in which it operates.
Please note, the presentation of Siren DIVCON'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, Siren DIVCON's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Siren DIVCON's management manipulating its earnings.
Siren DIVCON Etf Summary
Siren DIVCON competes with Morningstar Unconstrained, High-yield Municipal, Via Renewables, Knife River, and Klckner Co. Under normal circumstances, at least 80 percent of the funds net assets will be invested in component securities of the benchmark index. Siren Divcon is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US8296583011 |
| CUSIP | 829658301 75605A405 |
| Region | North America |
| Investment Issuer | SRN Advisors |
| Etf Family | SRN Advisors |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Siren DIVCON Key Financial Ratios
Siren Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Siren DIVCON's current stock value. Our valuation model uses many indicators to compare Siren DIVCON value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Siren DIVCON competition to find correlations between indicators driving Siren DIVCON's intrinsic value. More Info.Siren DIVCON Leaders is considered the top ETF in price to earning as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs fabricating about 0.24 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Siren DIVCON Leaders is roughly 4.25 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Siren DIVCON 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.Siren DIVCON Leaders Systematic Risk
Siren DIVCON's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Siren DIVCON 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Siren DIVCON Leaders correlated with the market. If Beta is less than 0 Siren DIVCON generally moves in the opposite direction as compared to the market. If Siren DIVCON Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Siren DIVCON Leaders is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Siren DIVCON is generally in the same direction as the market. If Beta > 1 Siren DIVCON moves generally in the same direction as, but more than the movement of the benchmark.
About Siren DIVCON Financials
What exactly are Siren DIVCON 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 Siren DIVCON's income statement, its balance sheet, and the statement of cash flows. Potential Siren DIVCON investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Siren DIVCON investors may use each financial statement separately, they are all related. The changes in Siren DIVCON's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Siren DIVCON'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.Siren DIVCON Thematic Clasifications
Siren DIVCON Leaders is part of several thematic ideas from Large 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 IdeasSiren DIVCON November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Siren DIVCON help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Siren DIVCON Leaders. We use our internally-developed statistical techniques to arrive at the intrinsic value of Siren DIVCON Leaders based on widely used predictive technical indicators. In general, we focus on analyzing Siren Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Siren DIVCON's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8468 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.75 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.34 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Siren DIVCON Leaders. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Siren DIVCON Leaders is measured differently than its book value, which is the value of Siren that is recorded on the company's balance sheet. Investors also form their own opinion of Siren DIVCON's value that differs from its market value or its book value, called intrinsic value, which is Siren DIVCON'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 Siren DIVCON's market value can be influenced by many factors that don't directly affect Siren DIVCON'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 Siren DIVCON's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siren DIVCON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siren DIVCON'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.