Pyps Etf Fundamentals
| PYPS Etf | USD 10.20 0.00 0.00% |
PYPS fundamentals help investors to digest information that contributes to PYPS's financial success or failures. It also enables traders to predict the movement of PYPS Etf. The fundamental analysis module provides a way to measure PYPS'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 PYPS etf.
PYPS |
PYPS ETF Net Asset Analysis
PYPS's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current PYPS Net Asset | 981.34 K |
Most of PYPS's fundamental indicators, such as Net Asset, 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, PYPS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, PYPS has a Net Asset of 981.34 K. This is much higher than that of the AXS family and significantly higher than that of the Trading--Inverse Equity category. The net asset for all United States etfs is notably lower than that of the firm.
PYPS Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PYPS's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of PYPS could also be used in its relative valuation, which is a method of valuing PYPS by comparing valuation metrics of similar companies.PYPS is currently under evaluation in net asset as compared to similar ETFs.
PYPS Fundamentals
| Total Asset | 981.34 K | |||
| Net Asset | 981.34 K |
About PYPS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PYPS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PYPS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PYPS 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 market circumstances, the manager will maintain at least 67 percent exposure to financial instruments that provide one and a half times inverse leveraged exposure to the daily performance of PYPL. Axs 15X is traded on NASDAQ Exchange in the United States.
Thematic Opportunities
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Check out Your Equity Center 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 american community survey. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of PYPS is measured differently than its book value, which is the value of PYPS that is recorded on the company's balance sheet. Investors also form their own opinion of PYPS's value that differs from its market value or its book value, called intrinsic value, which is PYPS'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 PYPS's market value can be influenced by many factors that don't directly affect PYPS'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 PYPS's value and its price as these two are different measures arrived at by different means. Investors typically determine if PYPS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PYPS'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.