Overlay Shares Financials
| OVB Etf | USD 20.48 0.10 0.49% |
Overlay |
The data published in Overlay Shares' official financial statements typically reflect Overlay Shares' 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 Overlay Shares' quantitative information. For example, before you start analyzing numbers published by Overlay accountants, it's essential to understand Overlay Shares' liquidity, profitability, and earnings quality within the context of the Overlay Shares space in which it operates.
Please note, the presentation of Overlay Shares' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Overlay Shares' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Overlay Shares' management manipulating its earnings.
Overlay Shares Etf Summary
Overlay Shares competes with Overlay Shares, Overlay Shares, Overlay Shares, ClearShares Ultra, and OVS SpA. The fund is an actively-managed exchange-traded fund that seeks to achieve its objective by investing in one or more other ETFs that seek to obtain exposure to the performance of investment grade, U.S. dollar-denominated, fixed-rate taxable bonds or directly in the securities held by such ETFs and selling and purchasing listed short-term put options to generate income to the fund. Overlay Shares is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US53656F8620 |
| CUSIP | 53656F862 |
| Region | North America |
| Investment Issuer | Liquid Strategies |
| Etf Family | Overlay Shares |
| Fund Category | Broad Debt |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Overlay Shares Key Financial Ratios
Overlay Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Overlay Shares's current stock value. Our valuation model uses many indicators to compare Overlay Shares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Overlay Shares competition to find correlations between indicators driving Overlay Shares's intrinsic value. More Info.Overlay Shares Core 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 3.74 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 Overlay Shares' earnings, one of the primary drivers of an investment's value.Overlay Shares Core Systematic Risk
Overlay Shares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Overlay Shares 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Overlay Shares Core correlated with the market. If Beta is less than 0 Overlay Shares generally moves in the opposite direction as compared to the market. If Overlay Shares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Overlay Shares Core is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Overlay Shares is generally in the same direction as the market. If Beta > 1 Overlay Shares moves generally in the same direction as, but more than the movement of the benchmark.
About Overlay Shares Financials
What exactly are Overlay Shares 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 Overlay Shares' income statement, its balance sheet, and the statement of cash flows. Potential Overlay Shares investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Overlay Shares investors may use each financial statement separately, they are all related. The changes in Overlay Shares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Overlay Shares'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.Overlay Shares Thematic Clasifications
Overlay Shares Core is part of several thematic ideas from Investment Grade ETFs to Broad Debt 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 IdeasOverlay Shares February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Overlay Shares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Overlay Shares Core. We use our internally-developed statistical techniques to arrive at the intrinsic value of Overlay Shares Core based on widely used predictive technical indicators. In general, we focus on analyzing Overlay Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Overlay Shares's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.434 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.0 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.5908 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overlay Shares Core. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of Overlay Shares Core is measured differently than its book value, which is the value of Overlay that is recorded on the company's balance sheet. Investors also form their own opinion of Overlay Shares' value that differs from its market value or its book value, called intrinsic value, which is Overlay Shares' 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 Overlay Shares' market value can be influenced by many factors that don't directly affect Overlay Shares' 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 Overlay Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Overlay Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Overlay Shares' 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.