Etracs Ifed Invest Etf Three Year Return
| IFED Etf | USD 42.56 0.46 1.07% |
ETRACS IFED Invest fundamentals help investors to digest information that contributes to ETRACS IFED's financial success or failures. It also enables traders to predict the movement of ETRACS Etf. The fundamental analysis module provides a way to measure ETRACS IFED'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 ETRACS IFED etf.
ETRACS |
ETRACS IFED Invest ETF Three Year Return Analysis
ETRACS IFED's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current ETRACS IFED Three Year Return | 16.30 % |
Most of ETRACS IFED's fundamental indicators, such as Three Year Return, 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, ETRACS IFED Invest is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, ETRACS IFED Invest has a Three Year Return of 16.3%. This is much higher than that of the family and significantly higher than that of the Large Blend category. The three year return for all United States etfs is notably lower than that of the firm.
ETRACS Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETRACS IFED's direct or indirect competition against its Three 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 ETRACS IFED could also be used in its relative valuation, which is a method of valuing ETRACS IFED by comparing valuation metrics of similar companies.ETRACS IFED is currently under evaluation in three year return as compared to similar ETFs.
ETRACS Fundamentals
| Beta | 0.98 | |||
| One Year Return | 36.50 % | |||
| Three Year Return | 16.30 % |
About ETRACS IFED Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETRACS IFED Invest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETRACS IFED using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETRACS IFED Invest 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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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 ETRACS IFED Invest is a strong investment it is important to analyze ETRACS IFED's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ETRACS IFED's future performance. For an informed investment choice regarding ETRACS Etf, refer to the following important reports:Check out ETRACS IFED Piotroski F Score and ETRACS IFED Altman Z Score analysis. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of ETRACS IFED Invest is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS IFED's value that differs from its market value or its book value, called intrinsic value, which is ETRACS IFED'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 ETRACS IFED's market value can be influenced by many factors that don't directly affect ETRACS IFED'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 ETRACS IFED's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS IFED is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS IFED'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.