NIFTYETF Financials
| NIFTYETF | 257.68 2.33 0.91% |
NIFTYETF |
The data published in NIFTYETF's official financial statements typically reflect NIFTYETF'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 NIFTYETF's quantitative information. For example, before you start analyzing numbers published by NIFTYETF accountants, it's essential to understand NIFTYETF's liquidity, profitability, and earnings quality within the context of the NIFTYETF space in which it operates.
Please note, the imprecision that can be found in NIFTYETF's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NIFTYETF. Check NIFTYETF's Beneish M Score to see the likelihood of NIFTYETF's management manipulating its earnings.
NIFTYETF December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NIFTYETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NIFTYETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of NIFTYETF based on widely used predictive technical indicators. In general, we focus on analyzing NIFTYETF Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NIFTYETF's daily price indicators and compare them against related drivers.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 3.9 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.11 |