6 Meridian Financials
| SIXL Etf | USD 37.90 0.00 0.00% |
Net Expense Ratio 0.0079 | 3 y Sharp Ratio 0.14 |
SIXL |
The data published in 6 Meridian's official financial statements typically reflect 6 Meridian'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 6 Meridian's quantitative information. For example, before you start analyzing numbers published by SIXL accountants, it's essential to understand 6 Meridian's liquidity, profitability, and earnings quality within the context of the Exchange Traded Concepts space in which it operates.
6 Meridian Etf Summary
6 Meridian competes with 6 Meridian, ETC 6, 6 Meridian, Two Roads, and Day HaganNed. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities. 6 Meridian is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US3015056993 |
| CUSIP | 301505699 |
| Region | North America |
| Investment Issuer | Exchange Traded Concepts |
| Etf Family | Exchange Traded Concepts |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
6 Meridian Key Financial Ratios
| Beta | 0.64 | |||
| Last Dividend Paid | 0.0388 |
SIXL Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 6 Meridian's current stock value. Our valuation model uses many indicators to compare 6 Meridian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 6 Meridian competition to find correlations between indicators driving 6 Meridian's intrinsic value. More Info.6 Meridian Low is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 23.75 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value 6 Meridian 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.6 Meridian Low Systematic Risk
6 Meridian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 6 Meridian 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 twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on 6 Meridian Low correlated with the market. If Beta is less than 0 6 Meridian generally moves in the opposite direction as compared to the market. If 6 Meridian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 6 Meridian Low is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 6 Meridian is generally in the same direction as the market. If Beta > 1 6 Meridian moves generally in the same direction as, but more than the movement of the benchmark.
6 Meridian Thematic Clasifications
6 Meridian Low is part of several thematic ideas from Large Cap 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 Ideas6 Meridian February 17, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 6 Meridian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 6 Meridian Low. We use our internally-developed statistical techniques to arrive at the intrinsic value of 6 Meridian Low based on widely used predictive technical indicators. In general, we focus on analyzing SIXL Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 6 Meridian's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.43 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.1 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 6 Meridian Low. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of 6 Meridian Low is measured differently than its book value, which is the value of SIXL that is recorded on the company's balance sheet. Investors also form their own opinion of 6 Meridian's value that differs from its market value or its book value, called intrinsic value, which is 6 Meridian'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 6 Meridian's market value can be influenced by many factors that don't directly affect 6 Meridian'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 6 Meridian's value and its price as these two are different measures arrived at by different means. Investors typically determine if 6 Meridian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 6 Meridian'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.