Vident International Financials
| VIDI Etf | USD 25.98 0.07 0.27% |
Net Expense Ratio 0.0061 | 3 y Sharp Ratio 0.05 |
Vident |
The data published in Vident International's official financial statements typically reflect Vident International'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 Vident International's quantitative information. For example, before you start analyzing numbers published by Vident accountants, it's essential to understand Vident International's liquidity, profitability, and earnings quality within the context of the Vident Financial space in which it operates.
Vident International Etf Summary
Vident International competes with Vident Core, Vident Core, IShares MSCI, BMO Mid, and First Trust. Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and depositary receipts representing such component securities. Vident Intl is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US26922A4040 |
| CUSIP | 26922A404 |
| Region | Global ex-U.S. |
| Investment Issuer | Vident Financial |
| Etf Family | Vident Financial |
| Fund Category | Broad Equity |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Vident International Key Financial Ratios
Vident Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vident International's current stock value. Our valuation model uses many indicators to compare Vident International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vident International competition to find correlations between indicators driving Vident International's intrinsic value. More Info.Vident International Equity is rated first in price to earning as compared to similar ETFs. It is rated first 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 Vident International Equity is roughly 10.36 . 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 Vident International's earnings, one of the primary drivers of an investment's value.Vident International Systematic Risk
Vident International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Vident International 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Vident International correlated with the market. If Beta is less than 0 Vident International generally moves in the opposite direction as compared to the market. If Vident International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Vident International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Vident International is generally in the same direction as the market. If Beta > 1 Vident International moves generally in the same direction as, but more than the movement of the benchmark.
About Vident International Financials
What exactly are Vident International 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 Vident International's income statement, its balance sheet, and the statement of cash flows. Potential Vident International investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Vident International investors may use each financial statement separately, they are all related. The changes in Vident International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Vident International'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.Vident International Thematic Clasifications
Vident International Equity is part of several thematic ideas from Broad Equity ETFs to Strategy 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 IdeasVident International November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Vident International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Vident International Equity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vident International Equity based on widely used predictive technical indicators. In general, we focus on analyzing Vident Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vident International's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.1 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.07 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.21 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vident International Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Vident International is measured differently than its book value, which is the value of Vident that is recorded on the company's balance sheet. Investors also form their own opinion of Vident International's value that differs from its market value or its book value, called intrinsic value, which is Vident International'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 Vident International's market value can be influenced by many factors that don't directly affect Vident International'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 Vident International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vident International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vident International'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.