Exchange Traded Financials
| LNGZ Etf | 28.81 0.02 0.07% |
Net Expense Ratio 0.0085 |
Exchange |
The data published in Exchange Traded's official financial statements typically reflect Exchange Traded'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 Exchange Traded's quantitative information. For example, before you start analyzing numbers published by Exchange accountants, it's essential to understand Exchange Traded's liquidity, profitability, and earnings quality within the context of the Equity Energy space in which it operates.
Please note, the imprecision that can be found in Exchange Traded's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Exchange Traded Concepts. Check Exchange Traded's Beneish M Score to see the likelihood of Exchange Traded's management manipulating its earnings.
Exchange Traded Etf Summary
Exchange Traded competes with First Trust, Ultimus Managers, Horizon Kinetics, Harbor Health, and American Beacon. Exchange Traded is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| CUSIP | 301505459 |
| Region | Global ex-China & Russia |
| Investment Issuer | Exchange Traded Concepts |
| Fund Category | Sector |
| Portfolio Concentration | Energy |
| Benchmark | Dow Jones Industrial |
Exchange Traded Concepts Systematic Risk
Exchange Traded's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Exchange Traded 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 Exchange Traded Concepts correlated with the market. If Beta is less than 0 Exchange Traded generally moves in the opposite direction as compared to the market. If Exchange Traded Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Exchange Traded Concepts is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Exchange Traded is generally in the same direction as the market. If Beta > 1 Exchange Traded moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Exchange Traded is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Exchange has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Exchange Traded's financials are consistent with your investment objective using the following steps:- Review Exchange Traded's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Exchange Traded's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Exchange Traded's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Exchange Traded's stock is overvalued or undervalued.
Exchange Traded Thematic Clasifications
Exchange Traded Concepts is part of several thematic ideas from Sector ETFs to Energy 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 IdeasExchange Traded November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Exchange Traded help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Exchange Traded Concepts. We use our internally-developed statistical techniques to arrive at the intrinsic value of Exchange Traded Concepts based on widely used predictive technical indicators. In general, we focus on analyzing Exchange Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Exchange Traded's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.15 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.05 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.84 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Exchange Traded Concepts. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.