2023 ETF Financials
| QLTI Etf | 23.34 0.06 0.26% |
2023 |
The data published in 2023 ETF's official financial statements typically reflect 2023 ETF'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 2023 ETF's quantitative information. For example, before you start analyzing numbers published by 2023 accountants, it's essential to understand 2023 ETF's liquidity, profitability, and earnings quality within the context of the Foreign Large Value space in which it operates.
2023 ETF Etf Summary
2023 ETF competes with Vanguard International, Vanguard Global, Vanguard High, Vanguard Emerging, and Vanguard FTSE. QLT Inc., a biotechnology company, engages in the development and commercialization of ocular solutions that address the unmet medical needs of patients and clinicians worldwide.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 90139K308 |
| Region | Global ex-U.S. |
| Investment Issuer | GMO |
| Location | Maine; U.S.A |
| Business Address | Vancouver, BC VT |
| Fund Category | Size and Style |
| Portfolio Concentration | Broad Equity |
| Benchmark | Dow Jones Industrial |
| Website | www.qltinc.com |
| Phone | 604 707 7000 |
2023 ETF Key Financial Ratios
2023 Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 2023 ETF's current stock value. Our valuation model uses many indicators to compare 2023 ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 2023 ETF competition to find correlations between indicators driving 2023 ETF's intrinsic value. More Info.The 2023 ETF is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.34 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for The 2023 ETF is roughly 2.95 . 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 2023 ETF's earnings, one of the primary drivers of an investment's value.2023 ETF Systematic Risk
2023 ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 2023 ETF 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 eight. The Beta measures systematic risk based on how returns on 2023 ETF correlated with the market. If Beta is less than 0 2023 ETF generally moves in the opposite direction as compared to the market. If 2023 ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 2023 ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 2023 ETF is generally in the same direction as the market. If Beta > 1 2023 ETF moves generally in the same direction as, but more than the movement of the benchmark.
About 2023 ETF Financials
What exactly are 2023 ETF 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 2023 ETF's income statement, its balance sheet, and the statement of cash flows. Potential 2023 ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although 2023 ETF investors may use each financial statement separately, they are all related. The changes in 2023 ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 2023 ETF'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.2023 ETF Thematic Clasifications
The 2023 ETF is part of several thematic ideas from Broad Equity 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 Ideas2023 ETF November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 2023 ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The 2023 ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of The 2023 ETF based on widely used predictive technical indicators. In general, we focus on analyzing 2023 Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 2023 ETF's daily price indicators and compare them against related drivers.
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 3.45 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 0.9856 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The 2023 ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 ETF'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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 ETF'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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 ETF'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.