Acgr Etf Shares Outstanding
| ACGR Etf | 58.23 0.01 0.02% |
ACGR fundamentals help investors to digest information that contributes to ACGR's financial success or failures. It also enables traders to predict the movement of ACGR Etf. The fundamental analysis module provides a way to measure ACGR's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ACGR etf.
ACGR |
ACGR ETF Shares Outstanding Analysis
ACGR's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, ACGR has 0.0 of shares currently outstending. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Large Growth (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Did you try this?
Run Companies Directory Now
Companies DirectoryEvaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |
| All Next | Launch Module |
ACGR Fundamentals
| One Year Return | 31.30 % | |||
| Three Year Return | 10.30 % |
About ACGR Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ACGR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ACGR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ACGR based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ACGR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ACGR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ACGR will appreciate offsetting losses from the drop in the long position's value.Moving together with ACGR Etf
| 0.99 | VUG | Vanguard Growth Index | PairCorr |
| 0.9 | IWF | iShares Russell 1000 | PairCorr |
| 0.89 | IVW | iShares SP 500 | PairCorr |
| 0.85 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.99 | IUSG | iShares Core SP | PairCorr |
Moving against ACGR Etf
| 0.4 | VEA | Vanguard FTSE Developed Sell-off Trend | PairCorr |
The ability to find closely correlated positions to ACGR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACGR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ACGR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ACGR to buy it.
The correlation of ACGR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ACGR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACGR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ACGR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ACGR Piotroski F Score and ACGR Altman Z Score analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of ACGR is measured differently than its book value, which is the value of ACGR that is recorded on the company's balance sheet. Investors also form their own opinion of ACGR's value that differs from its market value or its book value, called intrinsic value, which is ACGR'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 ACGR's market value can be influenced by many factors that don't directly affect ACGR'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 ACGR's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACGR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACGR'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.