Freedom Day Financials
| MBOX Etf | USD 34.77 0.57 1.67% |
Net Expense Ratio 0.0039 | 3 y Sharp Ratio 0.48 |
Freedom |
The data published in Freedom Day's official financial statements typically reflect Freedom Day'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 Freedom Day's quantitative information. For example, before you start analyzing numbers published by Freedom accountants, it's essential to understand Freedom Day's liquidity, profitability, and earnings quality within the context of the Alpha Architect space in which it operates.
Please note, the imprecision that can be found in Freedom Day's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Freedom Day Dividend. Check Freedom Day's Beneish M Score to see the likelihood of Freedom Day's management manipulating its earnings.
Freedom Day Etf Summary
Freedom Day competes with Northern Lights, and Sterling Capital. The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities that the Sub-Adviser believes have the potential to provide rising dividend income streams to the fund over time. Freedom Day is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US02072L8476 |
| CUSIP | 02072L847 |
| Region | North America |
| Investment Issuer | Alpha Architect |
| Etf Family | Alpha Architect |
| Fund Category | Broad Equity |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Freedom Day Key Financial Ratios
Freedom Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Freedom Day's current stock value. Our valuation model uses many indicators to compare Freedom Day value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Freedom Day competition to find correlations between indicators driving Freedom Day's intrinsic value. More Info.Freedom Day Dividend is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs reporting about 35.37 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 Freedom Day's earnings, one of the primary drivers of an investment's value.Freedom Day Dividend Systematic Risk
Freedom Day's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Freedom Day 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 Freedom Day Dividend correlated with the market. If Beta is less than 0 Freedom Day generally moves in the opposite direction as compared to the market. If Freedom Day Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Freedom Day Dividend is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Freedom Day is generally in the same direction as the market. If Beta > 1 Freedom Day 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 Freedom Day 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 Freedom 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 Freedom Day's financials are consistent with your investment objective using the following steps:- Review Freedom Day'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 Freedom Day'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 Freedom Day'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 Freedom Day's stock is overvalued or undervalued.
Freedom Day Thematic Clasifications
Freedom Day Dividend is part of several thematic ideas from Broad Equity ETFs to Strategy 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 IdeasFreedom Day November 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Freedom Day help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Freedom Day Dividend. We use our internally-developed statistical techniques to arrive at the intrinsic value of Freedom Day Dividend based on widely used predictive technical indicators. In general, we focus on analyzing Freedom Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Freedom Day's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7494 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.59 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.25 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Freedom Day Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Freedom Day Dividend is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Day's value that differs from its market value or its book value, called intrinsic value, which is Freedom Day'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 Freedom Day's market value can be influenced by many factors that don't directly affect Freedom Day'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 Freedom Day's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Day is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Day'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.