3D Printing Financials
| PRNT Etf | USD 22.09 0.24 1.07% |
Net Expense Ratio 0.0066 | 3 y Sharp Ratio (0.64) |
PRNT |
The data published in 3D Printing's official financial statements typically reflect 3D Printing'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 3D Printing's quantitative information. For example, before you start analyzing numbers published by PRNT accountants, it's essential to understand 3D Printing's liquidity, profitability, and earnings quality within the context of the ARK ETF Trust space in which it operates.
Please note, the imprecision that can be found in 3D Printing's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of The 3D Printing. Check 3D Printing's Beneish M Score to see the likelihood of 3D Printing's management manipulating its earnings.
3D Printing Etf Summary
3D Printing competes with Freedom Day, Franklin Templeton, IShares MSCI, Tidal Trust, and IShares Dividend. The fund normally invests at least 80 percent of its total assets in securities that are included in the funds benchmark index, depositary receipts representing securities included in the index or underlying stocks in respect of depositary receipts included in the index. 3D Printing is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US00214Q5009 |
| CUSIP | 00214Q500 |
| Region | Global |
| Investment Issuer | ARK |
| Etf Family | ARK ETF Trust |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
3D Printing Key Financial Ratios
PRNT Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 3D Printing's current stock value. Our valuation model uses many indicators to compare 3D Printing value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 3D Printing competition to find correlations between indicators driving 3D Printing's intrinsic value. More Info.The 3D Printing 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 0.29 of One Year Return per Beta. The ratio of Beta to One Year Return for The 3D Printing is roughly 3.43 . Comparative valuation analysis is a catch-all technique that is used if you cannot value 3D Printing 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.3D Printing Systematic Risk
3D Printing's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 3D Printing 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on 3D Printing correlated with the market. If Beta is less than 0 3D Printing generally moves in the opposite direction as compared to the market. If 3D Printing Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 3D Printing is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 3D Printing is generally in the same direction as the market. If Beta > 1 3D Printing 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 3D Printing 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 PRNT 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 3D Printing's financials are consistent with your investment objective using the following steps:- Review 3D Printing'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 3D Printing'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 3D Printing'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 3D Printing's stock is overvalued or undervalued.
3D Printing Thematic Clasifications
The 3D Printing is part of several thematic ideas from Strategy ETFs to Theme 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 Ideas3D Printing January 30, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 3D Printing help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The 3D Printing. We use our internally-developed statistical techniques to arrive at the intrinsic value of The 3D Printing based on widely used predictive technical indicators. In general, we focus on analyzing PRNT Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 3D Printing's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.27 | |||
| Information Ratio | 0.0594 | |||
| Maximum Drawdown | 6.32 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.1 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The 3D Printing. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of 3D Printing is measured differently than its book value, which is the value of PRNT that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Printing's value that differs from its market value or its book value, called intrinsic value, which is 3D Printing'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 3D Printing's market value can be influenced by many factors that don't directly affect 3D Printing'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 3D Printing's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Printing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Printing'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.