Beta Shares Spasx Etf Five Year Return
| QFN Etf | 17.16 0.20 1.18% |
Beta Shares SPASX fundamentals help investors to digest information that contributes to Beta Shares' financial success or failures. It also enables traders to predict the movement of Beta Etf. The fundamental analysis module provides a way to measure Beta Shares' 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 Beta Shares etf.
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Beta Shares SPASX ETF Five Year Return Analysis
Beta Shares' 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% |
Current Beta Shares Five Year Return | 9.90 % |
Most of Beta Shares' fundamental indicators, such as Five 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, Beta Shares SPASX is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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According to the company disclosure, Beta Shares SPASX has a Five Year Return of 9.9%. This is much higher than that of the family and significantly higher than that of the Equity Australia Other category. The five year return for all Australia etfs is notably lower than that of the firm.
Beta Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Beta Shares' 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 Beta Shares could also be used in its relative valuation, which is a method of valuing Beta Shares by comparing valuation metrics of similar companies.Beta Shares is currently under evaluation in five year return as compared to similar ETFs.
Beta Fundamentals
| Beta | 1.14 | |||
| One Year Return | 41.90 % | |||
| Three Year Return | 10.00 % | |||
| Five Year Return | 9.90 % | |||
| Ten Year Return | 6.90 % |
About Beta Shares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Beta Shares SPASX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Beta Shares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Beta Shares SPASX 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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Beta Shares financial ratios help investors to determine whether Beta Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Beta with respect to the benefits of owning Beta Shares security.