ETF Opportunities Financials
| WLTG Etf | USD 30.43 0.19 0.63% |
Net Expense Ratio 0.0077 |
ETF |
The data published in ETF Opportunities' official financial statements typically reflect ETF Opportunities' 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 Opportunities' quantitative information. For example, before you start analyzing numbers published by ETF accountants, it's essential to understand ETF Opportunities' liquidity, profitability, and earnings quality within the context of the WealthTrust Asset Management space in which it operates.
ETF Opportunities Etf Summary
ETF Opportunities competes with JPMorgan BetaBuilders, JPMorgan Core, JPMorgan BetaBuilders, and JPMorgan Emerging. The funds investment strategy is based on the belief that long term superior performance of a portfolio is driven by two factors 1 tactical allocation is accomplished by identifying positive trends for asset classes, sectors, and industries and 2 equity stock selection is based on quantitative analysis with an emphasis on earnings. ETF Opportunities is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US26923N8011 |
| CUSIP | 26923N801 |
| Region | Global |
| Investment Issuer | WealthTrust Asset Management |
| Etf Family | WealthTrust Asset Management |
| Fund Category | Asset Allocation |
| Portfolio Concentration | Target Outcome |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ETF Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ETF Opportunities's current stock value. Our valuation model uses many indicators to compare ETF Opportunities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ETF Opportunities competition to find correlations between indicators driving ETF Opportunities's intrinsic value. More Info.ETF Opportunities Trust is rated first in one year return as compared to similar ETFs. It is rated first in net asset as compared to similar ETFs making up about 284,254 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value ETF Opportunities 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 Opportunities Trust Systematic Risk
ETF Opportunities' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ETF Opportunities 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 ETF Opportunities Trust correlated with the market. If Beta is less than 0 ETF Opportunities generally moves in the opposite direction as compared to the market. If ETF Opportunities Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ETF Opportunities Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ETF Opportunities is generally in the same direction as the market. If Beta > 1 ETF Opportunities moves generally in the same direction as, but more than the movement of the benchmark.
About ETF Opportunities Financials
What exactly are ETF Opportunities 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 ETF Opportunities' income statement, its balance sheet, and the statement of cash flows. Potential ETF Opportunities investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ETF Opportunities investors may use each financial statement separately, they are all related. The changes in ETF Opportunities's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ETF Opportunities'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.ETF Opportunities Thematic Clasifications
ETF Opportunities Trust 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 IdeasETF Opportunities November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ETF Opportunities help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ETF Opportunities Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of ETF Opportunities Trust 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 Opportunities's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8758 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.55 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.24 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ETF Opportunities Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of ETF Opportunities Trust 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 Opportunities' value that differs from its market value or its book value, called intrinsic value, which is ETF Opportunities' 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 Opportunities' market value can be influenced by many factors that don't directly affect ETF Opportunities' 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 Opportunities' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Opportunities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Opportunities' 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.