Optica Rare Earths Etf Net Asset
| CRIT Etf | USD 18.28 0.08 0.44% |
Optica Rare Earths fundamentals help investors to digest information that contributes to Optica Rare's financial success or failures. It also enables traders to predict the movement of Optica Etf. The fundamental analysis module provides a way to measure Optica Rare'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 Optica Rare etf.
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Optica Rare Earths ETF Net Asset Analysis
Optica Rare's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Optica Rare Net Asset | 2.02 M |
Most of Optica Rare's fundamental indicators, such as Net Asset, 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, Optica Rare Earths is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Optica Rare Earths has a Net Asset of 2.02 M. This is much higher than that of the Exchange Traded Concepts family and significantly higher than that of the Equity Precious Metals category. The net asset for all United States etfs is notably lower than that of the firm.
Optica Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Optica Rare's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Optica Rare could also be used in its relative valuation, which is a method of valuing Optica Rare by comparing valuation metrics of similar companies.Optica Rare is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for Optica Rare
The fund consists of 98.98% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Optica Rare's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Optica Fundamentals
| Total Asset | 2.02 M | |||
| One Year Return | 7.80 % | |||
| Net Asset | 2.02 M | |||
| Equity Positions Weight | 98.98 % |
About Optica Rare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Optica Rare Earths's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Optica Rare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Optica Rare Earths 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.
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Check out Optica Rare Piotroski F Score and Optica Rare Altman Z Score analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Optica Rare Earths is measured differently than its book value, which is the value of Optica that is recorded on the company's balance sheet. Investors also form their own opinion of Optica Rare's value that differs from its market value or its book value, called intrinsic value, which is Optica Rare'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 Optica Rare's market value can be influenced by many factors that don't directly affect Optica Rare'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 Optica Rare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optica Rare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optica Rare'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.