NewWave Silver Financials

NEWSLV Etf   525.00  2.00  0.38%   
We recommend to make use of NewWave Silver Exchange fundamental analysis to see if markets are presently undervaluing or overvaluing the entity. Strictly speaking, this technique allows you to check out available financial ratios of NewWave Silver Exchange as well as the relationship between them. We are able to interpolate and collect one available fundamentals for NewWave Silver, which can be compared to its peers in the industry. The etf experiences a normal downward trend and little activity. Check odds of NewWave Silver to be traded at 519.75 in 90 days.
  
The data published in NewWave Silver's official financial statements typically reflect NewWave Silver'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 NewWave Silver's quantitative information. For example, before you start analyzing numbers published by NewWave accountants, it's essential to understand NewWave Silver's liquidity, profitability, and earnings quality within the context of the Other space in which it operates.
Please note, the presentation of NewWave Silver'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, NewWave Silver's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of NewWave Silver's management manipulating its earnings.
InstrumentSouth Africa Etf
ExchangeJohannesburg Exchange
ISINZAE000162566
RegionOthers
Investment IssuerOthers
Etf FamilyOther
Fund CategoryOthers
Portfolio ConcentrationOthers
BenchmarkDow Jones Industrial

NewWave Silver Exchange Systematic Risk

NewWave Silver's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NewWave Silver 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 NewWave Silver Exchange correlated with the market. If Beta is less than 0 NewWave Silver generally moves in the opposite direction as compared to the market. If NewWave Silver Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NewWave Silver Exchange is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NewWave Silver is generally in the same direction as the market. If Beta > 1 NewWave Silver moves generally in the same direction as, but more than the movement of the benchmark.

NewWave Silver November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of NewWave Silver help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NewWave Silver Exchange. We use our internally-developed statistical techniques to arrive at the intrinsic value of NewWave Silver Exchange based on widely used predictive technical indicators. In general, we focus on analyzing NewWave Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NewWave Silver's daily price indicators and compare them against related drivers.

Other Information on Investing in NewWave Etf

NewWave Silver financial ratios help investors to determine whether NewWave Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NewWave with respect to the benefits of owning NewWave Silver security.