MicroSectorsTM Oil Financials
| OILU Etf | USD 36.52 0.04 0.11% |
Net Expense Ratio 0.0095 |
MicroSectorsTM |
The data published in MicroSectorsTM Oil's official financial statements typically reflect MicroSectorsTM Oil'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 MicroSectorsTM Oil's quantitative information. For example, before you start analyzing numbers published by MicroSectorsTM accountants, it's essential to understand MicroSectorsTM Oil's liquidity, profitability, and earnings quality within the context of the BMO Capital Markets space in which it operates.
Please note, the imprecision that can be found in MicroSectorsTM Oil's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MicroSectorsTM Oil Gas. Check MicroSectorsTM Oil's Beneish M Score to see the likelihood of MicroSectorsTM Oil's management manipulating its earnings.
MicroSectorsTM Oil Etf Summary
MicroSectorsTM Oil competes with ABIVAX Société, Morningstar Unconstrained, SPACE, Knife River, and LiCycle Holdings. Microsectors Oil is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US0636795835 |
| CUSIP | 063679583 |
| Region | North America |
| Investment Issuer | Bank of Montreal |
| Etf Family | BMO Capital Markets |
| Fund Category | Sector |
| Portfolio Concentration | Energy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
MicroSectorsTM Oil Key Financial Ratios
MicroSectorsTM Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MicroSectorsTM Oil's current stock value. Our valuation model uses many indicators to compare MicroSectorsTM Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MicroSectorsTM Oil competition to find correlations between indicators driving MicroSectorsTM Oil's intrinsic value. More Info.MicroSectorsTM Oil Gas is rated number one ETF in three year return as compared to similar ETFs. It also is rated number one ETF in net asset as compared to similar ETFs making up about 2,212,195 of Net Asset per Three Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value MicroSectorsTM Oil 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.MicroSectorsTM Oil Gas Systematic Risk
MicroSectorsTM Oil's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MicroSectorsTM Oil 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 MicroSectorsTM Oil Gas correlated with the market. If Beta is less than 0 MicroSectorsTM Oil generally moves in the opposite direction as compared to the market. If MicroSectorsTM Oil Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MicroSectorsTM Oil Gas is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MicroSectorsTM Oil is generally in the same direction as the market. If Beta > 1 MicroSectorsTM Oil 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 MicroSectorsTM Oil 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 MicroSectorsTM 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 MicroSectorsTM Oil's financials are consistent with your investment objective using the following steps:- Review MicroSectorsTM Oil'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 MicroSectorsTM Oil'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 MicroSectorsTM Oil'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 MicroSectorsTM Oil's stock is overvalued or undervalued.
MicroSectorsTM Oil Thematic Clasifications
MicroSectorsTM Oil Gas is part of several thematic ideas from Sector ETFs to Energy 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 IdeasMicroSectorsTM Oil November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MicroSectorsTM Oil help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MicroSectorsTM Oil Gas. We use our internally-developed statistical techniques to arrive at the intrinsic value of MicroSectorsTM Oil Gas based on widely used predictive technical indicators. In general, we focus on analyzing MicroSectorsTM Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MicroSectorsTM Oil's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.49 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.97 | |||
| Value At Risk | (6.37) | |||
| Potential Upside | 5.3 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in MicroSectorsTM Oil Gas. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of MicroSectorsTM Oil Gas is measured differently than its book value, which is the value of MicroSectorsTM that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectorsTM Oil's value that differs from its market value or its book value, called intrinsic value, which is MicroSectorsTM Oil'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 MicroSectorsTM Oil's market value can be influenced by many factors that don't directly affect MicroSectorsTM Oil'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 MicroSectorsTM Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectorsTM Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectorsTM Oil'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.