ETF Managers Financials
| VALT Etf | USD 48.52 0.01 0.02% |
ETF |
The data published in ETF Managers' official financial statements typically reflect ETF Managers' 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 ETF Managers' quantitative information. For example, before you start analyzing numbers published by ETF accountants, it's essential to understand ETF Managers' liquidity, profitability, and earnings quality within the context of the ETFMG space in which it operates.
Please note, the imprecision that can be found in ETF Managers' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ETF Managers Group. Check ETF Managers' Beneish M Score to see the likelihood of ETF Managers' management manipulating its earnings.
ETF Managers Etf Summary
ETF Managers competes with Schwab 1, VictoryShares USAA, ClearShares Ultra, Xtrackers Short, and American Century. The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in a diversified portfolio of high-quality short-term U.S. dollar denominated domestic and foreign debt securities and other instruments. Etfmg Sit is traded on NYSEARCA Exchange in the United States.ETF Managers Key Financial Ratios
ETF Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ETF Managers's current stock value. Our valuation model uses many indicators to compare ETF Managers value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ETF Managers competition to find correlations between indicators driving ETF Managers's intrinsic value. More Info.ETF Managers Group is rated first in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 31.54 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value ETF Managers 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.ETF Managers Market Pulse
| Quote | 48.52 |
| Change(%) | 0.02 |
| Change | 0.01 |
| Open | 48.51 |
| Low | 48.5 |
| High | 48.52 |
| Volume | 0 |
| Exchange | NASDAQ |
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 ETF Managers 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 ETF 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 ETF Managers' financials are consistent with your investment objective using the following steps:- Review ETF Managers' 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 ETF Managers' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare ETF Managers' 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 ETF Managers' stock is overvalued or undervalued.
ETF Managers January 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ETF Managers help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ETF Managers Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of ETF Managers Group based on widely used predictive technical indicators. In general, we focus on analyzing ETF Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ETF Managers's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3463 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 1.61 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.7762 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.