Impact Shares Financials
| WOMN Etf | USD 40.16 0.20 0.50% |
Net Expense Ratio 0.0075 | 3 y Sharp Ratio 0.29 |
Impact |
The data published in Impact Shares' official financial statements typically reflect Impact 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 Impact Shares' quantitative information. For example, before you start analyzing numbers published by Impact accountants, it's essential to understand Impact Shares' liquidity, profitability, and earnings quality within the context of the Impact Shares space in which it operates.
Impact Shares Etf Summary
Impact Shares competes with Innovator ETFs, and Impact Shares. The fund will, under normal circumstances, invest at least 80 percent of its total assets plus any borrowings for investment purposes in component securities of the underlying index. Impact Shares is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US45259A1007 |
| CUSIP | 45259A100 |
| Region | North America |
| Investment Issuer | Impact Shares |
| Etf Family | Impact Shares |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Impact Shares Key Financial Ratios
Impact Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Impact Shares's current stock value. Our valuation model uses many indicators to compare Impact Shares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Impact Shares competition to find correlations between indicators driving Impact Shares's intrinsic value. More Info.Impact Shares YWCA 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 29.17 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 Impact Shares' earnings, one of the primary drivers of an investment's value.Impact Shares YWCA Systematic Risk
Impact Shares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Impact 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Impact Shares YWCA correlated with the market. If Beta is less than 0 Impact Shares generally moves in the opposite direction as compared to the market. If Impact Shares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Impact Shares YWCA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Impact Shares is generally in the same direction as the market. If Beta > 1 Impact Shares moves generally in the same direction as, but more than the movement of the benchmark.
Impact Shares Thematic Clasifications
Impact Shares YWCA is part of several thematic ideas from Strategy ETFs to Theme 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 IdeasImpact Shares November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Impact Shares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Impact Shares YWCA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Impact Shares YWCA based on widely used predictive technical indicators. In general, we focus on analyzing Impact Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Impact Shares's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.681 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 0.9791 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Impact Shares YWCA. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Impact Shares YWCA is measured differently than its book value, which is the value of Impact that is recorded on the company's balance sheet. Investors also form their own opinion of Impact Shares' value that differs from its market value or its book value, called intrinsic value, which is Impact 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 Impact Shares' market value can be influenced by many factors that don't directly affect Impact 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 Impact Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Impact Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impact 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.