Smartetfs Advertising Marketing Etf Fundamentals
| MRADDelisted Etf | USD 15.38 0.00 0.00% |
SmartETFs Advertising Marketing fundamentals help investors to digest information that contributes to SmartETFs Advertising's financial success or failures. It also enables traders to predict the movement of SmartETFs Etf. The fundamental analysis module provides a way to measure SmartETFs Advertising'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 SmartETFs Advertising etf.
SmartETFs |
SmartETFs Advertising Marketing ETF Beta Analysis
SmartETFs Advertising'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 SmartETFs Advertising Beta | 1.25 |
Most of SmartETFs Advertising'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, SmartETFs Advertising Marketing 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.
CompetitionIn accordance with the recently published financial statements, SmartETFs Advertising Marketing has a Beta of 1.25. This is much higher than that of the Guinness Atkinson family and significantly higher than that of the Communications category. The beta for all United States etfs is notably lower than that of the firm.
SmartETFs Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SmartETFs Advertising'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 SmartETFs Advertising could also be used in its relative valuation, which is a method of valuing SmartETFs Advertising by comparing valuation metrics of similar companies.SmartETFs Advertising is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for SmartETFs Advertising
The fund consists of 92.84% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides SmartETFs Advertising'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.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SmartETFs Advertising will likely underperform.
SmartETFs Fundamentals
| Beta | 1.25 | |||
| Total Asset | 1.25 M | |||
| One Year Return | 21.00 % | |||
| Three Year Return | (19.70) % | |||
| Net Asset | 1.25 M | |||
| Equity Positions Weight | 92.84 % |
About SmartETFs Advertising Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SmartETFs Advertising Marketing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SmartETFs Advertising using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SmartETFs Advertising Marketing 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.Under normal circumstances, the fund will invest at least 80 percent of its net assets in publicly-traded equity securities of domestic or foreign companies across multiple sectors that the Adviser considers to be Advertising or Marketing Technology companies, which are companies that have significant exposure to the development, production or deployment of advertising or marketing services, especially in ways that are related to digital media or in ways that make advertising or marketing activities more tailored or efficient in reaching a specific demographic. Smartetfs Advertising is traded on NYSEARCA Exchange in the United States.
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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in SmartETFs Etf
If you are still planning to invest in SmartETFs Advertising check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SmartETFs Advertising's history and understand the potential risks before investing.
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