Cmd Etf Beta
CMD fundamentals help investors to digest information that contributes to CMD's financial success or failures. It also enables traders to predict the movement of CMD Etf. The fundamental analysis module provides a way to measure CMD'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 CMD etf.
CMD |
CMD ETF Beta Analysis
CMD'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 CMD Beta | 1.55 |
Most of CMD'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, CMD 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.
CompetitionIn accordance with the recently published financial statements, CMD has a Beta of 1.55. This is much higher than that of the ProShares family and significantly higher than that of the Trading--Inverse Commodities category. The beta for all United States etfs is notably lower than that of the firm.
CMD Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CMD'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 CMD could also be used in its relative valuation, which is a method of valuing CMD by comparing valuation metrics of similar companies.CMD is fifth largest ETF in beta as compared to similar ETFs.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CMD will likely underperform.
CMD Fundamentals
| Return On Equity | 6.19 | |||
| Return On Asset | 4.24 | |||
| Profit Margin | 4.40 % | |||
| Operating Margin | 19.08 % | |||
| Current Valuation | 4.15 B | |||
| Shares Outstanding | 42.27 M | |||
| Shares Owned By Insiders | 21.04 % | |||
| Shares Owned By Institutions | 89.83 % | |||
| Number Of Shares Shorted | 2.49 M | |||
| Price To Earning | 73.80 X | |||
| Price To Book | 4.24 X | |||
| Price To Sales | 3.20 X | |||
| Revenue | 1.06 B | |||
| Gross Profit | 462.58 M | |||
| EBITDA | 202.56 M | |||
| Net Income | 46.73 M | |||
| Cash And Equivalents | 243.06 M | |||
| Cash Per Share | 5.85 X | |||
| Total Debt | 1.01 B | |||
| Debt To Equity | 1.28 % | |||
| Current Ratio | 2.72 X | |||
| Book Value Per Share | 18.96 X | |||
| Cash Flow From Operations | 203.08 M | |||
| Short Ratio | 7.13 X | |||
| Earnings Per Share | 1.09 X | |||
| Price To Earnings To Growth | 1.57 X | |||
| Number Of Employees | 3.67 K | |||
| Beta | 1.55 | |||
| Market Capitalization | 3.4 B | |||
| Total Asset | 694.53 M | |||
| Retained Earnings | 71.24 M | |||
| Working Capital | 126.41 M | |||
| Current Asset | 222.74 M | |||
| Current Liabilities | 96.33 M | |||
| Year To Date Return | (17.10) % | |||
| One Year Return | 14.66 % | |||
| Three Year Return | (27.82) % | |||
| Five Year Return | 0.22 % | |||
| Net Asset | 7 M | |||
| Last Dividend Paid | 0.1 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 signals in population. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Tools for CMD Etf
When running CMD's price analysis, check to measure CMD'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 CMD is operating at the current time. Most of CMD's value examination focuses on studying past and present price action to predict the probability of CMD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMD's price. Additionally, you may evaluate how the addition of CMD to your portfolios can decrease your overall portfolio volatility.
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