ATAC Rotation Financials
| RORO Etf | USD 18.54 0.01 0.05% |
Net Expense Ratio 0.0114 | 3 y Sharp Ratio (0.45) |
ATAC |
The data published in ATAC Rotation's official financial statements typically reflect ATAC Rotation'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 ATAC Rotation's quantitative information. For example, before you start analyzing numbers published by ATAC accountants, it's essential to understand ATAC Rotation's liquidity, profitability, and earnings quality within the context of the ATAC Fund space in which it operates.
ATAC Rotation Etf Summary
ATAC Rotation competes with Tidal ETF, Atac Inflation, RPAR Risk, and Quadratic Interest. Under normal circumstances, at least 80 percent of the funds net assets, plus borrowings for investment purposes, will be invested in securities that are traded principally in the United States, securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities, or ETFs that invest, under normal circumstances, at least 80 percent of their net assets, plus borrowings for investment purposes, in the foregoing securities. Atac US is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US8863648437 |
| CUSIP | 886364843 |
| Region | North America |
| Investment Issuer | Toroso Investments |
| Etf Family | ATAC Fund |
| Fund Category | Asset Allocation |
| Portfolio Concentration | Target Outcome |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ATAC Rotation Key Financial Ratios
ATAC Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ATAC Rotation's current stock value. Our valuation model uses many indicators to compare ATAC Rotation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ATAC Rotation competition to find correlations between indicators driving ATAC Rotation's intrinsic value. More Info.ATAC Rotation 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 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ATAC Rotation ETF is roughly 10.20 . 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 ATAC Rotation's earnings, one of the primary drivers of an investment's value.ATAC Rotation ETF Systematic Risk
ATAC Rotation's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ATAC Rotation 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on ATAC Rotation ETF correlated with the market. If Beta is less than 0 ATAC Rotation generally moves in the opposite direction as compared to the market. If ATAC Rotation Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ATAC Rotation ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ATAC Rotation is generally in the same direction as the market. If Beta > 1 ATAC Rotation moves generally in the same direction as, but more than the movement of the benchmark.
ATAC Rotation Thematic Clasifications
ATAC Rotation ETF is part of several thematic ideas from Target Outcome ETFs to Asset Allocation 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 IdeasATAC Rotation November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ATAC Rotation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ATAC Rotation ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of ATAC Rotation ETF based on widely used predictive technical indicators. In general, we focus on analyzing ATAC Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ATAC Rotation's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.925 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.54 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.45 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ATAC Rotation 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 metropolitan statistical area. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of ATAC Rotation ETF is measured differently than its book value, which is the value of ATAC that is recorded on the company's balance sheet. Investors also form their own opinion of ATAC Rotation's value that differs from its market value or its book value, called intrinsic value, which is ATAC Rotation'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 ATAC Rotation's market value can be influenced by many factors that don't directly affect ATAC Rotation'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 ATAC Rotation's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATAC Rotation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATAC Rotation'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.