Esoterica NextG Financials
| WUGI Etf | USD 75.60 0.00 0.00% |
Net Expense Ratio 0.0075 | 3 y Sharp Ratio 0.25 |
Esoterica |
The data published in Esoterica NextG's official financial statements typically reflect Esoterica NextG'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 Esoterica NextG's quantitative information. For example, before you start analyzing numbers published by Esoterica accountants, it's essential to understand Esoterica NextG's liquidity, profitability, and earnings quality within the context of the Esoterica Capital space in which it operates.
Esoterica NextG Etf Summary
Esoterica NextG competes with First Trust, Franklin Disruptive, TrueShares Technology, Innovator Loup, and Robo Global. The fund is an actively-managed ETF that will invest, under normal circumstances, at least 80 percent of its total assets in domestic and foreign equity securities of companies whose economic fortunes are significantly tied to the fifth generation digital cellular network technology enabled digital economy, including companies involved in the production of 5G technology and companies that may benefit from the use of 5G. Esoterica Nextg is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US2965821091 |
| CUSIP | 46144X495 296582109 |
| Region | Global |
| Investment Issuer | AXS Investments |
| Etf Family | Esoterica Capital |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Esoterica NextG Key Financial Ratios
Esoterica Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Esoterica NextG's current stock value. Our valuation model uses many indicators to compare Esoterica NextG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Esoterica NextG competition to find correlations between indicators driving Esoterica NextG's intrinsic value. More Info.Esoterica NextG Economy is rated third in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 35.30 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 Esoterica NextG's earnings, one of the primary drivers of an investment's value.Esoterica NextG Economy Systematic Risk
Esoterica NextG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Esoterica NextG 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Esoterica NextG Economy correlated with the market. If Beta is less than 0 Esoterica NextG generally moves in the opposite direction as compared to the market. If Esoterica NextG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Esoterica NextG Economy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Esoterica NextG is generally in the same direction as the market. If Beta > 1 Esoterica NextG moves generally in the same direction as, but more than the movement of the benchmark.
About Esoterica NextG Financials
What exactly are Esoterica NextG 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 Esoterica NextG's income statement, its balance sheet, and the statement of cash flows. Potential Esoterica NextG investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Esoterica NextG investors may use each financial statement separately, they are all related. The changes in Esoterica NextG's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Esoterica NextG'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.Esoterica NextG Thematic Clasifications
Esoterica NextG Economy is part of several thematic ideas from Theme 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 IdeasEsoterica NextG February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Esoterica NextG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Esoterica NextG Economy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Esoterica NextG Economy based on widely used predictive technical indicators. In general, we focus on analyzing Esoterica Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Esoterica NextG's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.0134 | |||
| Maximum Drawdown | 8.8 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.09 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Esoterica NextG Economy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Esoterica NextG Economy is measured differently than its book value, which is the value of Esoterica that is recorded on the company's balance sheet. Investors also form their own opinion of Esoterica NextG's value that differs from its market value or its book value, called intrinsic value, which is Esoterica NextG'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 Esoterica NextG's market value can be influenced by many factors that don't directly affect Esoterica NextG'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 Esoterica NextG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Esoterica NextG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Esoterica NextG'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.