ZEGA Buy Financials
| ZHDG Etf | USD 20.85 0.00 0.00% |
Net Expense Ratio 0.0097 | 3 y Sharp Ratio 0.03 |
ZEGA |
The data published in ZEGA Buy's official financial statements typically reflect ZEGA Buy'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 ZEGA Buy's quantitative information. For example, before you start analyzing numbers published by ZEGA accountants, it's essential to understand ZEGA Buy's liquidity, profitability, and earnings quality within the context of the ZEGA space in which it operates.
ZEGA Buy Etf Summary
ZEGA Buy competes with Acruence Active, Innovator Equity, Innovator Growth, and AdvisorShares STAR. The fund invests in a combination of options, as well as fixed income securities, or other income producing securities, including preferred shares, through ETFs or other investment companies or through direct investments. Zega Buy is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US8863646605 |
| CUSIP | 886364660 |
| Region | North America |
| Investment Issuer | Toroso Investments |
| Etf Family | ZEGA |
| Fund Category | Asset Allocation |
| Portfolio Concentration | Target Risk |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ZEGA Buy Key Financial Ratios
ZEGA Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ZEGA Buy's current stock value. Our valuation model uses many indicators to compare ZEGA Buy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ZEGA Buy competition to find correlations between indicators driving ZEGA Buy's intrinsic value. More Info.ZEGA Buy and 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 26.32 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value ZEGA Buy 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.ZEGA Buy Systematic Risk
ZEGA Buy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ZEGA Buy 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-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on ZEGA Buy correlated with the market. If Beta is less than 0 ZEGA Buy generally moves in the opposite direction as compared to the market. If ZEGA Buy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ZEGA Buy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ZEGA Buy is generally in the same direction as the market. If Beta > 1 ZEGA Buy moves generally in the same direction as, but more than the movement of the benchmark.
About ZEGA Buy Financials
What exactly are ZEGA Buy 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 ZEGA Buy's income statement, its balance sheet, and the statement of cash flows. Potential ZEGA Buy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ZEGA Buy investors may use each financial statement separately, they are all related. The changes in ZEGA Buy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ZEGA Buy'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.ZEGA Buy Thematic Clasifications
ZEGA Buy and is part of several thematic ideas from Target Risk 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 IdeasZEGA Buy February 17, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ZEGA Buy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ZEGA Buy and. We use our internally-developed statistical techniques to arrive at the intrinsic value of ZEGA Buy and based on widely used predictive technical indicators. In general, we focus on analyzing ZEGA Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ZEGA Buy's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.767 | |||
| Information Ratio | 0.0119 | |||
| Maximum Drawdown | 3.07 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 0.8252 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEGA Buy and. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of ZEGA Buy is measured differently than its book value, which is the value of ZEGA that is recorded on the company's balance sheet. Investors also form their own opinion of ZEGA Buy's value that differs from its market value or its book value, called intrinsic value, which is ZEGA Buy'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 ZEGA Buy's market value can be influenced by many factors that don't directly affect ZEGA Buy'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 ZEGA Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZEGA Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEGA Buy'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.