Tradr 2x Long Etf One Year Return
QQQW Etf | 27.44 0.08 0.29% |
Tradr 2X Long fundamentals help investors to digest information that contributes to Tradr 2X's financial success or failures. It also enables traders to predict the movement of Tradr Etf. The fundamental analysis module provides a way to measure Tradr 2X'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 Tradr 2X etf.
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Tradr 2X Long ETF One Year Return Analysis
Tradr 2X's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Tradr 2X Long has an One Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Trading--Leveraged Equity (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Tradr One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tradr 2X's direct or indirect competition against its One 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 Tradr 2X could also be used in its relative valuation, which is a method of valuing Tradr 2X by comparing valuation metrics of similar companies.Tradr 2X is currently under evaluation in one year return as compared to similar ETFs.
About Tradr 2X Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tradr 2X Long's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tradr 2X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tradr 2X Long 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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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.When determining whether Tradr 2X Long is a strong investment it is important to analyze Tradr 2X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tradr 2X's future performance. For an informed investment choice regarding Tradr Etf, refer to the following important reports:Check out Tradr 2X Piotroski F Score and Tradr 2X Altman Z Score analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Tradr 2X Long is measured differently than its book value, which is the value of Tradr that is recorded on the company's balance sheet. Investors also form their own opinion of Tradr 2X's value that differs from its market value or its book value, called intrinsic value, which is Tradr 2X'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 Tradr 2X's market value can be influenced by many factors that don't directly affect Tradr 2X'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 Tradr 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tradr 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tradr 2X'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.