BondBloxx ETF Financials
| XHYC Etf | USD 37.93 0.09 0.24% |
Net Expense Ratio 0.0035 |
BondBloxx |
The data published in BondBloxx ETF's official financial statements typically reflect BondBloxx ETF'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 BondBloxx ETF's quantitative information. For example, before you start analyzing numbers published by BondBloxx accountants, it's essential to understand BondBloxx ETF's liquidity, profitability, and earnings quality within the context of the BondBloxx Investment Management space in which it operates.
Please note, the presentation of BondBloxx ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BondBloxx ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of BondBloxx ETF's management manipulating its earnings.
BondBloxx ETF Etf Summary
BondBloxx ETF competes with BondBloxx ETF, BondBloxx ETF, BondBloxx ETF, BondBloxx ETF, and BondBloxx ETF. Under normal circumstances, the fund will invest at least 80 percent of its net assets in high-yield, below-investment grade bonds denominated in U.S. dollars of issuers in the consumer cyclicals sector, either directly or indirectly . Boxx USD is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US09789C1018 |
| CUSIP | 09789C101 |
| Region | North America |
| Investment Issuer | BondBloxx Investment Management |
| Etf Family | BondBloxx Investment Management |
| Fund Category | Corporate |
| Portfolio Concentration | High Yield |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
BondBloxx Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BondBloxx ETF's current stock value. Our valuation model uses many indicators to compare BondBloxx ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BondBloxx ETF competition to find correlations between indicators driving BondBloxx ETF's intrinsic value. More Info.BondBloxx ETF Trust is rated fourth in one year return as compared to similar ETFs. It is rated third in net asset as compared to similar ETFs making up about 601,770 of Net Asset per One Year Return. 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 BondBloxx ETF's earnings, one of the primary drivers of an investment's value.BondBloxx ETF Trust Systematic Risk
BondBloxx ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BondBloxx ETF 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on BondBloxx ETF Trust correlated with the market. If Beta is less than 0 BondBloxx ETF generally moves in the opposite direction as compared to the market. If BondBloxx ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BondBloxx ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BondBloxx ETF is generally in the same direction as the market. If Beta > 1 BondBloxx ETF moves generally in the same direction as, but more than the movement of the benchmark.
About BondBloxx ETF Financials
What exactly are BondBloxx ETF 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 BondBloxx ETF's income statement, its balance sheet, and the statement of cash flows. Potential BondBloxx ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although BondBloxx ETF investors may use each financial statement separately, they are all related. The changes in BondBloxx ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BondBloxx ETF'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.BondBloxx ETF Thematic Clasifications
BondBloxx ETF Trust is part of several thematic ideas from Corporate ETFs to High Yield 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 IdeasBondBloxx ETF November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of BondBloxx ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BondBloxx ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of BondBloxx ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing BondBloxx Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BondBloxx ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3356 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 2.24 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.4268 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in BondBloxx ETF 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 manufacturing. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of BondBloxx ETF Trust is measured differently than its book value, which is the value of BondBloxx that is recorded on the company's balance sheet. Investors also form their own opinion of BondBloxx ETF's value that differs from its market value or its book value, called intrinsic value, which is BondBloxx ETF'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 BondBloxx ETF's market value can be influenced by many factors that don't directly affect BondBloxx ETF'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 BondBloxx ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if BondBloxx ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BondBloxx ETF'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.