OneAscent Small Financials
| OASC Etf | 29.38 0.45 1.56% |
OneAscent |
The data published in OneAscent Small's official financial statements typically reflect OneAscent Small'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 OneAscent Small's quantitative information. For example, before you start analyzing numbers published by OneAscent accountants, it's essential to understand OneAscent Small's liquidity, profitability, and earnings quality within the context of the Small Blend space in which it operates.
Please note, the presentation of OneAscent Small'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, OneAscent Small's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of OneAscent Small's management manipulating its earnings.
| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| CUSIP | 90470L295 |
| Region | North America |
| Investment Issuer | OneAscent Investment Solutions |
| Fund Category | Size and Style |
| Portfolio Concentration | Small Cap |
| Benchmark | Dow Jones Industrial |
OneAscent Small Cap Systematic Risk
OneAscent Small's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. OneAscent Small 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on OneAscent Small Cap correlated with the market. If Beta is less than 0 OneAscent Small generally moves in the opposite direction as compared to the market. If OneAscent Small Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OneAscent Small Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OneAscent Small is generally in the same direction as the market. If Beta > 1 OneAscent Small moves generally in the same direction as, but more than the movement of the benchmark.
About OneAscent Small Financials
What exactly are OneAscent Small 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 OneAscent Small's income statement, its balance sheet, and the statement of cash flows. Potential OneAscent Small investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although OneAscent Small investors may use each financial statement separately, they are all related. The changes in OneAscent Small's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on OneAscent Small'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.OneAscent Small Thematic Clasifications
OneAscent Small Cap is part of several thematic ideas from Small Cap ETFs to Size And Style 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 IdeasOneAscent Small November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of OneAscent Small help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of OneAscent Small Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of OneAscent Small Cap based on widely used predictive technical indicators. In general, we focus on analyzing OneAscent Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OneAscent Small's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.935 | |||
| Information Ratio | 0.0179 | |||
| Maximum Drawdown | 7.37 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.01 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneAscent Small Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of OneAscent Small Cap is measured differently than its book value, which is the value of OneAscent that is recorded on the company's balance sheet. Investors also form their own opinion of OneAscent Small's value that differs from its market value or its book value, called intrinsic value, which is OneAscent Small'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 OneAscent Small's market value can be influenced by many factors that don't directly affect OneAscent Small'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 OneAscent Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneAscent Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneAscent Small'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.