Kovitz Core Equity Etf Fundamentals
| EQTY Etf | 24.47 0.12 0.49% |
Kovitz Core Equity fundamentals help investors to digest information that contributes to Kovitz Core's financial success or failures. It also enables traders to predict the movement of Kovitz Etf. The fundamental analysis module provides a way to measure Kovitz Core'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 Kovitz Core etf.
Kovitz |
Kovitz Core Equity ETF Beta Analysis
Kovitz Core'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 Kovitz Core Beta | 1.02 |
Most of Kovitz Core'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, Kovitz Core Equity 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.
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In accordance with the recently published financial statements, Kovitz Core Equity has a Beta of 1.02. This is much higher than that of the family and significantly higher than that of the Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
Kovitz Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kovitz Core'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 Kovitz Core could also be used in its relative valuation, which is a method of valuing Kovitz Core by comparing valuation metrics of similar companies.Kovitz Core is currently under evaluation in beta as compared to similar ETFs.
Kovitz Core returns are very sensitive to returns on the market. As the market goes up or down, Kovitz Core is expected to follow.
Kovitz Fundamentals
| Beta | 1.02 | |||
| One Year Return | 30.80 % | |||
| Three Year Return | 7.30 % | |||
| Five Year Return | 12.40 % | |||
| Ten Year Return | 10.10 % |
About Kovitz Core Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kovitz Core Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kovitz Core using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kovitz Core Equity 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.Kovitz Core is entity of United States. It is traded as Etf on NYSE ARCA exchange.
Also Currently Popular
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.When determining whether Kovitz Core Equity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kovitz Core's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kovitz Core Equity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Kovitz Core Equity Etf:Check out Kovitz Core Piotroski F Score and Kovitz Core Altman Z Score analysis. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of Kovitz Core Equity is measured differently than its book value, which is the value of Kovitz that is recorded on the company's balance sheet. Investors also form their own opinion of Kovitz Core's value that differs from its market value or its book value, called intrinsic value, which is Kovitz Core'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 Kovitz Core's market value can be influenced by many factors that don't directly affect Kovitz Core'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 Kovitz Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kovitz Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kovitz Core'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.