Aim Etf Products Etf One Year Return
| FLAO Etf | 27.61 0.05 0.18% |
AIM ETF Products fundamentals help investors to digest information that contributes to AIM ETF's financial success or failures. It also enables traders to predict the movement of AIM Etf. The fundamental analysis module provides a way to measure AIM ETF'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 AIM ETF etf.
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AIM ETF Products ETF One Year Return Analysis
AIM ETF'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% |
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.
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Based on the recorded statements, AIM ETF Products has an One Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Defined Outcome (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
AIM One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AIM ETF'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 AIM ETF could also be used in its relative valuation, which is a method of valuing AIM ETF by comparing valuation metrics of similar companies.AIM ETF is currently under evaluation in one year return as compared to similar ETFs.
About AIM ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AIM ETF Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AIM ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AIM ETF Products 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 AIM ETF
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 AIM ETF 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 AIM ETF will appreciate offsetting losses from the drop in the long position's value.Moving together with AIM Etf
| 0.88 | BUFR | First Trust Cboe | PairCorr |
| 0.88 | BUFD | FT Cboe Vest | PairCorr |
| 0.9 | PSEP | Innovator SP 500 | PairCorr |
| 0.87 | PJAN | Innovator SP 500 | PairCorr |
The ability to find closely correlated positions to AIM ETF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AIM ETF 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 AIM ETF - 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 AIM ETF Products to buy it.
The correlation of AIM ETF 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 AIM ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AIM ETF Products 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 AIM ETF 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 AIM ETF Piotroski F Score and AIM ETF Altman Z Score analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of AIM ETF Products is measured differently than its book value, which is the value of AIM that is recorded on the company's balance sheet. Investors also form their own opinion of AIM ETF's value that differs from its market value or its book value, called intrinsic value, which is AIM ETF'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 AIM ETF's market value can be influenced by many factors that don't directly affect AIM ETF'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 AIM ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if AIM ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AIM ETF'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.