LeaderSharesTM AlphaFactor Financials
| LSAF Etf | USD 43.38 0.45 1.05% |
Net Expense Ratio 0.0075 | 3 y Sharp Ratio 0.18 |
LeaderSharesTM |
The data published in LeaderSharesTM AlphaFactor's official financial statements typically reflect LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's quantitative information. For example, before you start analyzing numbers published by LeaderSharesTM accountants, it's essential to understand LeaderSharesTM AlphaFactor's liquidity, profitability, and earnings quality within the context of the Redwood space in which it operates.
LeaderSharesTM AlphaFactor Etf Summary
LeaderSharesTM AlphaFactor competes with Two Roads, Alpha Architect, Xtrackers Russell, Two Roads, and Janus Henderson. Under normal circumstances, at least 80 percent of the funds net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. Leadershares Alphafactor is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US90214Q7741 |
| CUSIP | 90214Q774 |
| Region | North America |
| Investment Issuer | Redwood Investment Management |
| Etf Family | Redwood |
| Fund Category | Broad Equity |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
LeaderSharesTM AlphaFactor Key Financial Ratios
LeaderSharesTM Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining LeaderSharesTM AlphaFactor's current stock value. Our valuation model uses many indicators to compare LeaderSharesTM AlphaFactor value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LeaderSharesTM AlphaFactor competition to find correlations between indicators driving LeaderSharesTM AlphaFactor's intrinsic value. More Info.LeaderSharesTM AlphaFactor Core 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 22.33 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value LeaderSharesTM AlphaFactor 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.LeaderSharesTM AlphaFactor Systematic Risk
LeaderSharesTM AlphaFactor's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. LeaderSharesTM AlphaFactor 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 fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on LeaderSharesTM AlphaFactor correlated with the market. If Beta is less than 0 LeaderSharesTM AlphaFactor generally moves in the opposite direction as compared to the market. If LeaderSharesTM AlphaFactor Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one LeaderSharesTM AlphaFactor is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of LeaderSharesTM AlphaFactor is generally in the same direction as the market. If Beta > 1 LeaderSharesTM AlphaFactor moves generally in the same direction as, but more than the movement of the benchmark.
About LeaderSharesTM AlphaFactor Financials
What exactly are LeaderSharesTM AlphaFactor 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 LeaderSharesTM AlphaFactor's income statement, its balance sheet, and the statement of cash flows. Potential LeaderSharesTM AlphaFactor investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although LeaderSharesTM AlphaFactor investors may use each financial statement separately, they are all related. The changes in LeaderSharesTM AlphaFactor's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on LeaderSharesTM AlphaFactor'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.LeaderSharesTM AlphaFactor Thematic Clasifications
LeaderSharesTM AlphaFactor Core is part of several thematic ideas from Strategy 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 IdeasLeaderSharesTM AlphaFactor January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of LeaderSharesTM AlphaFactor help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of LeaderSharesTM AlphaFactor Core. We use our internally-developed statistical techniques to arrive at the intrinsic value of LeaderSharesTM AlphaFactor Core based on widely used predictive technical indicators. In general, we focus on analyzing LeaderSharesTM Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build LeaderSharesTM AlphaFactor's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9021 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.41 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.45 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeaderSharesTM AlphaFactor Core. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of LeaderSharesTM AlphaFactor is measured differently than its book value, which is the value of LeaderSharesTM that is recorded on the company's balance sheet. Investors also form their own opinion of LeaderSharesTM AlphaFactor's value that differs from its market value or its book value, called intrinsic value, which is LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's market value can be influenced by many factors that don't directly affect LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if LeaderSharesTM AlphaFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeaderSharesTM AlphaFactor'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.