Strategy Shares Financials
| SSFI Etf | USD 21.27 0.02 0.09% |
Net Expense Ratio 0.0081 | 3 y Sharp Ratio (0.86) |
Strategy |
The data published in Strategy Shares' official financial statements typically reflect Strategy Shares' 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 Strategy Shares' quantitative information. For example, before you start analyzing numbers published by Strategy accountants, it's essential to understand Strategy Shares' liquidity, profitability, and earnings quality within the context of the Day Hagan space in which it operates.
Strategy Shares Etf Summary
Strategy Shares competes with First Trust, FolioBeyond Rising, SSGA Active, and WisdomTree Alternative. The fund is considered a fund of funds that, under normal market conditions, seeks to achieve its investment objective by principally investing in unaffiliated fixed income exchange traded funds that invest in fixed income categories. Day Hagan is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US86280R8604 |
| CUSIP | 86280R860 |
| Region | Global |
| Investment Issuer | Day Hagan Asset Management |
| Etf Family | Day Hagan |
| Fund Category | Broad Debt |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | 800 594 7930 |
| Currency | USD - US Dollar |
Strategy Shares Key Financial Ratios
Strategy Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Strategy Shares's current stock value. Our valuation model uses many indicators to compare Strategy Shares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Strategy Shares competition to find correlations between indicators driving Strategy Shares's intrinsic value. More Info.Strategy Shares is rated second largest ETF in beta as compared to similar ETFs. It is rated fifth largest ETF in one year return as compared to similar ETFs reporting about 6.33 of One Year Return per Beta. 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 Strategy Shares' earnings, one of the primary drivers of an investment's value.Strategy Shares Systematic Risk
Strategy Shares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Strategy Shares 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Strategy Shares correlated with the market. If Beta is less than 0 Strategy Shares generally moves in the opposite direction as compared to the market. If Strategy Shares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Strategy Shares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Strategy Shares is generally in the same direction as the market. If Beta > 1 Strategy Shares moves generally in the same direction as, but more than the movement of the benchmark.
About Strategy Shares Financials
What exactly are Strategy Shares 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 Strategy Shares' income statement, its balance sheet, and the statement of cash flows. Potential Strategy Shares investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Strategy Shares investors may use each financial statement separately, they are all related. The changes in Strategy Shares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Strategy Shares'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.Strategy Shares Thematic Clasifications
Strategy Shares is part of several thematic ideas from Strategy ETFs to Broad Debt 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 IdeasStrategy Shares November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Strategy Shares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Strategy Shares . We use our internally-developed statistical techniques to arrive at the intrinsic value of Strategy Shares based on widely used predictive technical indicators. In general, we focus on analyzing Strategy Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Strategy Shares's daily price indicators and compare them against related drivers.
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 1.58 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.4157 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Strategy Shares . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in Strategy Etf please use our How to Invest in Strategy Shares guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Strategy Shares is measured differently than its book value, which is the value of Strategy that is recorded on the company's balance sheet. Investors also form their own opinion of Strategy Shares' value that differs from its market value or its book value, called intrinsic value, which is Strategy Shares' 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 Strategy Shares' market value can be influenced by many factors that don't directly affect Strategy Shares' 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 Strategy Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategy Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategy Shares' 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.