Agfiq Market Neutral Etf Fundamentals
| BTAL Etf | USD 18.64 0.37 1.95% |
AGFiQ Market Neutral fundamentals help investors to digest information that contributes to AGFiQ Market's financial success or failures. It also enables traders to predict the movement of AGFiQ Etf. The fundamental analysis module provides a way to measure AGFiQ Market'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 AGFiQ Market etf.
AGFiQ |
AGFiQ Market Neutral ETF Beta Analysis
AGFiQ Market's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current AGFiQ Market Beta | -0.6 |
Most of AGFiQ Market's fundamental indicators, such as Beta, 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, AGFiQ Market Neutral is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, AGFiQ Market Neutral has a Beta of -0.6. This is much lower than that of the AGFiQ family and significantly lower than that of the Equity Market Neutral category. The beta for all United States etfs is notably higher than that of the company.
AGFiQ Market Neutral Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AGFiQ Market's current stock value. Our valuation model uses many indicators to compare AGFiQ Market value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AGFiQ Market competition to find correlations between indicators driving AGFiQ Market's intrinsic value. More Info.AGFiQ Market Neutral is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for AGFiQ Market Neutral is roughly 7.94 . Comparative valuation analysis is a catch-all technique that is used if you cannot value AGFiQ Market 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.AGFiQ Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AGFiQ Market's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of AGFiQ Market could also be used in its relative valuation, which is a method of valuing AGFiQ Market by comparing valuation metrics of similar companies.AGFiQ Market is currently under evaluation in beta as compared to similar ETFs.
As returns on the market increase, returns on owning AGFiQ Market are expected to decrease at a much lower rate. During the bear market, AGFiQ Market is likely to outperform the market.
AGFiQ Fundamentals
| Price To Earning | 21.99 X | |||
| Price To Book | 2.77 X | |||
| Price To Sales | 1.52 X | |||
| Number Of Employees | 192 | |||
| Beta | -0.6 | |||
| Total Asset | 312.33 M | |||
| One Year Return | (1.00) % | |||
| Three Year Return | 6.80 % | |||
| Five Year Return | (2.30) % | |||
| Ten Year Return | 0.30 % | |||
| Net Asset | 312.33 M | |||
| Last Dividend Paid | 0.2 | |||
| Equity Positions Weight | (3.51) % |
About AGFiQ Market Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AGFiQ Market Neutral's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AGFiQ Market using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AGFiQ Market Neutral 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.The fund will invest primarily in long positions in low beta U.S. equities and short positions in high beta U.S. equities on a dollar neutral basis, within sectors. US Anti-Beta is traded on NYSEARCA Exchange in the United States.
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The market value of AGFiQ Market Neutral is measured differently than its book value, which is the value of AGFiQ that is recorded on the company's balance sheet. Investors also form their own opinion of AGFiQ Market's value that differs from its market value or its book value, called intrinsic value, which is AGFiQ Market'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 AGFiQ Market's market value can be influenced by many factors that don't directly affect AGFiQ Market'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 AGFiQ Market's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGFiQ Market is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGFiQ Market'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.