Foliobeyond Rising Rates Etf Fundamentals
| RISR Etf | USD 35.75 0.12 0.33% |
FolioBeyond Rising Rates fundamentals help investors to digest information that contributes to FolioBeyond Rising's financial success or failures. It also enables traders to predict the movement of FolioBeyond Etf. The fundamental analysis module provides a way to measure FolioBeyond Rising'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 FolioBeyond Rising etf.
FolioBeyond |
FolioBeyond Rising Rates ETF Beta Analysis
FolioBeyond Rising's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current FolioBeyond Rising Beta | -1.21 |
Most of FolioBeyond Rising's fundamental indicators, such as Beta, 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, FolioBeyond Rising Rates is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, FolioBeyond Rising Rates has a Beta of -1.21. This is much lower than that of the FolioBeyond family and significantly lower than that of the Nontraditional Bond category. The beta for all United States etfs is notably higher than that of the company.
FolioBeyond Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FolioBeyond Rising's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of FolioBeyond Rising could also be used in its relative valuation, which is a method of valuing FolioBeyond Rising by comparing valuation metrics of similar companies.FolioBeyond Rising is currently under evaluation in beta as compared to similar ETFs.
As returns on the market increase, returns on owning FolioBeyond Rising are expected to decrease by larger amounts. On the other hand, during market turmoil, FolioBeyond Rising is expected to outperform it.
FolioBeyond Fundamentals
| Beta | -1.21 | |||
| Total Asset | 79.8 M | |||
| One Year Return | 15.40 % | |||
| Three Year Return | 18.70 % | |||
| Net Asset | 79.8 M |
About FolioBeyond Rising Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FolioBeyond Rising Rates's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FolioBeyond Rising using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FolioBeyond Rising Rates 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.The fund invests primarily in interest-only mortgage-backed securities and U.S. Foliobeyond Rising is traded on NYSEARCA Exchange in the United States.
Pair Trading with FolioBeyond Rising
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 FolioBeyond Rising 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 FolioBeyond Rising will appreciate offsetting losses from the drop in the long position's value.Moving together with FolioBeyond Etf
Moving against FolioBeyond Etf
| 0.96 | SSFI | Strategy Shares | PairCorr |
| 0.95 | BND | Vanguard Total Bond | PairCorr |
| 0.82 | UCON | First Trust TCW | PairCorr |
| 0.76 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.63 | OBND | SSGA Active Trust | PairCorr |
The ability to find closely correlated positions to FolioBeyond Rising could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FolioBeyond Rising 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 FolioBeyond Rising - 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 FolioBeyond Rising Rates to buy it.
The correlation of FolioBeyond Rising 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 FolioBeyond Rising moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FolioBeyond Rising Rates 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 FolioBeyond Rising 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 FolioBeyond Rising Piotroski F Score and FolioBeyond Rising Altman Z Score analysis. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of FolioBeyond Rising Rates is measured differently than its book value, which is the value of FolioBeyond that is recorded on the company's balance sheet. Investors also form their own opinion of FolioBeyond Rising's value that differs from its market value or its book value, called intrinsic value, which is FolioBeyond Rising'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 FolioBeyond Rising's market value can be influenced by many factors that don't directly affect FolioBeyond Rising'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 FolioBeyond Rising's value and its price as these two are different measures arrived at by different means. Investors typically determine if FolioBeyond Rising is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FolioBeyond Rising'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.