Ea Bridgeway Omni Etf One Year Return
EA Bridgeway Omni fundamentals help investors to digest information that contributes to EA Bridgeway's financial success or failures. It also enables traders to predict the movement of BSVO Etf. The fundamental analysis module provides a way to measure EA Bridgeway'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 EA Bridgeway etf.
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EA Bridgeway Omni ETF One Year Return Analysis
EA Bridgeway's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current EA Bridgeway One Year Return | 13.00 % |
Most of EA Bridgeway's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EA Bridgeway Omni is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, EA Bridgeway Omni has an One Year Return of 13.0%. This is much higher than that of the family and significantly higher than that of the Small Value category. The one year return for all United States etfs is notably lower than that of the firm.
BSVO One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EA Bridgeway's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of EA Bridgeway could also be used in its relative valuation, which is a method of valuing EA Bridgeway by comparing valuation metrics of similar companies.EA Bridgeway is currently under evaluation in one year return as compared to similar ETFs.
BSVO Fundamentals
| Beta | 1.03 | |||
| One Year Return | 13.00 % | |||
| Three Year Return | 6.60 % | |||
| Five Year Return | 12.60 % | |||
| Ten Year Return | 8.20 % |
About EA Bridgeway Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EA Bridgeway Omni's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EA Bridgeway using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EA Bridgeway Omni 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 EA Bridgeway
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 EA Bridgeway 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 EA Bridgeway will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to EA Bridgeway could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EA Bridgeway 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 EA Bridgeway - 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 EA Bridgeway Omni to buy it.
The correlation of EA Bridgeway 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 EA Bridgeway moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EA Bridgeway Omni 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 EA Bridgeway 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Tools for BSVO Etf
When running EA Bridgeway's price analysis, check to measure EA Bridgeway's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EA Bridgeway is operating at the current time. Most of EA Bridgeway's value examination focuses on studying past and present price action to predict the probability of EA Bridgeway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EA Bridgeway's price. Additionally, you may evaluate how the addition of EA Bridgeway to your portfolios can decrease your overall portfolio volatility.
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