Exchange Traded Concepts Etf Gross Profit
Exchange Traded Concepts fundamentals help investors to digest information that contributes to Exchange Traded's financial success or failures. It also enables traders to predict the movement of Exchange Etf. The fundamental analysis module provides a way to measure Exchange Traded'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 Exchange Traded etf.
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Exchange Traded Concepts ETF Gross Profit Analysis
Exchange Traded's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
CompetitionAccording to the company disclosure, Exchange Traded Concepts reported 0.0 of gross profit. This indicator is about the same for the Exchange Traded Concepts average (which is currently at 0.0) family and about the same as Mid-Cap Value (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for Exchange Traded
The fund invests 99.1% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Exchange Traded'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.
Exchange Fundamentals
| Beta | 0.82 | |||
| Total Asset | 4.99 M | |||
| One Year Return | 4.40 % | |||
| Three Year Return | 5.50 % | |||
| Net Asset | 4.99 M | |||
| Equity Positions Weight | 99.10 % |
Pair Trading with Exchange Traded
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 Exchange Traded 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 Exchange Traded will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to GE Aerospace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GE Aerospace 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 GE Aerospace - 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 GE Aerospace to buy it.
The correlation of GE Aerospace 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 GE Aerospace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GE Aerospace 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 GE Aerospace 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 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 real. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Tools for Exchange Etf
When running Exchange Traded's price analysis, check to measure Exchange Traded's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exchange Traded is operating at the current time. Most of Exchange Traded's value examination focuses on studying past and present price action to predict the probability of Exchange Traded's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exchange Traded's price. Additionally, you may evaluate how the addition of Exchange Traded to your portfolios can decrease your overall portfolio volatility.
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