Betashares Geared Long Etf One Year Return
GGFD Etf | 19.56 0.20 1.03% |
Betashares Geared Long fundamentals help investors to digest information that contributes to Betashares Geared's financial success or failures. It also enables traders to predict the movement of Betashares Etf. The fundamental analysis module provides a way to measure Betashares Geared'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 Betashares Geared etf.
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Betashares Geared Long ETF One Year Return Analysis
Betashares Geared'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.
Based on the recorded statements, Betashares Geared Long 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 One Year Return (which currently averages 0.0) category. This indicator is about the same for all Australia etfs average (which is currently at 0.0).
Betashares One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Betashares Geared'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 Betashares Geared could also be used in its relative valuation, which is a method of valuing Betashares Geared by comparing valuation metrics of similar companies.Betashares Geared is currently under evaluation in one year return as compared to similar ETFs.
About Betashares Geared Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Betashares Geared Long's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Betashares Geared using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Betashares Geared Long 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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Betashares Geared financial ratios help investors to determine whether Betashares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Betashares with respect to the benefits of owning Betashares Geared security.