Etracs Monthly Pay Etf Five Year Return
MVRL Etf | USD 17.00 0.24 1.43% |
ETRACS Monthly Pay fundamentals help investors to digest information that contributes to ETRACS Monthly'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 Monthly'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 Monthly etf.
ETRACS |
ETRACS Monthly Pay ETF Five Year Return Analysis
ETRACS Monthly's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Competition |
According to the company disclosure, ETRACS Monthly Pay has a Five Year Return of 0.0%. This is 100.0% lower than that of the UBS family and about the same as Trading--Leveraged Equity (which currently averages 0.0) category. The five year return for all United States etfs is 100.0% higher than that of the company.
ETRACS Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETRACS Monthly's direct or indirect competition against its Five 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 Monthly could also be used in its relative valuation, which is a method of valuing ETRACS Monthly by comparing valuation metrics of similar companies.ETRACS Monthly is currently under evaluation in five year return as compared to similar ETFs.
ETRACS Fundamentals
Beta | 2.24 | |||
Total Asset | 43.46 M | |||
One Year Return | 17.30 % | |||
Three Year Return | (15.40) % | |||
Net Asset | 43.46 M |
About ETRACS Monthly Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETRACS Monthly Pay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETRACS Monthly using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETRACS Monthly Pay 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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The market value of ETRACS Monthly Pay 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 Monthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Monthly'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 Monthly's market value can be influenced by many factors that don't directly affect ETRACS Monthly'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 Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Monthly'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.