Acruence Active Financials
| XVOL Etf | USD 23.87 0.13 0.55% |
Net Expense Ratio 0.0083 | 3 y Sharp Ratio (0.09) |
Acruence |
The data published in Acruence Active's official financial statements typically reflect Acruence Active'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 Acruence Active's quantitative information. For example, before you start analyzing numbers published by Acruence accountants, it's essential to understand Acruence Active's liquidity, profitability, and earnings quality within the context of the Acruence space in which it operates.
Acruence Active Etf Summary
Acruence Active competes with ZEGA Buy, Innovator Equity, Innovator, Innovator, and Northern Lights. The fund is an actively-managed ETF that seeks to achieve its objective by investing nearly all of the funds assets in a portfolio replicating the constituents and weights of the SP 500, while seeking to reduce volatility by purchasing options contracts on the CBOE Volatility Index. Acruence Active is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 886364744 |
| Region | North America |
| Investment Issuer | Toroso Investments |
| Etf Family | Acruence |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Acruence Active Key Financial Ratios
Acruence Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Acruence Active's current stock value. Our valuation model uses many indicators to compare Acruence Active value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Acruence Active competition to find correlations between indicators driving Acruence Active's intrinsic value. More Info.Acruence Active Hedge 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 38.28 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Acruence Active 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.Acruence Active Hedge Systematic Risk
Acruence Active's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Acruence Active 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Acruence Active Hedge correlated with the market. If Beta is less than 0 Acruence Active generally moves in the opposite direction as compared to the market. If Acruence Active Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Acruence Active Hedge is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Acruence Active is generally in the same direction as the market. If Beta > 1 Acruence Active moves generally in the same direction as, but more than the movement of the benchmark.
Acruence Active Thematic Clasifications
Acruence Active Hedge is part of several thematic ideas from Large Cap ETFs to Size And Style 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 IdeasAcruence Active November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Acruence Active help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Acruence Active Hedge. We use our internally-developed statistical techniques to arrive at the intrinsic value of Acruence Active Hedge based on widely used predictive technical indicators. In general, we focus on analyzing Acruence Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Acruence Active's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8167 | |||
| Information Ratio | 0.0755 | |||
| Maximum Drawdown | 3.77 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.45 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Acruence Active Hedge. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Acruence Active Hedge is measured differently than its book value, which is the value of Acruence that is recorded on the company's balance sheet. Investors also form their own opinion of Acruence Active's value that differs from its market value or its book value, called intrinsic value, which is Acruence Active'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 Acruence Active's market value can be influenced by many factors that don't directly affect Acruence Active'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 Acruence Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acruence Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acruence Active'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.