2023 ETF Financials
| QLTY Etf | 32.93 0.17 0.52% |
Net Expense Ratio 0.005 |
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 Ground Transportation space in which it operates.
Please note, the imprecision that can be found in 2023 ETF's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of The 2023 ETF. Check 2023 ETF's Beneish M Score to see the likelihood of 2023 ETF's management manipulating its earnings.
2023 ETF Etf Summary
2023 ETF competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Dividend, and Vanguard Large. Quality Distribution, Inc., through with its subsidiaries, transports bulk chemicals in North America.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 90139K100 |
| Region | North America |
| Investment Issuer | GMO |
| Location | Maine; U.S.A |
| Business Address | 4041 Park Oaks |
| Etf Family | Ground Transportation |
| Fund Category | Broad Equity |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Website | www.qualitydistribution.com |
| Phone | 813 630 5826 |
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 is rated below average in one year return as compared to similar ETFs reporting about 1.27 of One Year Return per Price To Earning. 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 ten with a total number of output elements of fifty-one. 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.
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 2023 ETF 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 2023 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 2023 ETF's financials are consistent with your investment objective using the following steps:- Review 2023 ETF'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 2023 ETF'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 2023 ETF'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 2023 ETF's stock is overvalued or undervalued.
2023 ETF Thematic Clasifications
The 2023 ETF is part of several thematic ideas from Strategy ETFs to Broad Equity 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 30, 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.
| Downside Deviation | 0.8403 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 3.7 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 0.906 |
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.