Series Portfolios Trust Etf Equity Positions Weight
| SCAP Etf | USD 37.88 0.16 0.42% |
Series Portfolios Trust fundamentals help investors to digest information that contributes to Series Portfolios' financial success or failures. It also enables traders to predict the movement of Series Etf. The fundamental analysis module provides a way to measure Series Portfolios' 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 Series Portfolios etf.
Series |
Series Portfolios Trust ETF Equity Positions Weight Analysis
Series Portfolios' Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Current Series Portfolios Equity Positions Weight | 98.16 % |
Most of Series Portfolios' fundamental indicators, such as Equity Positions Weight, 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, Series Portfolios Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, Series Portfolios Trust has an Equity Positions Weight of 98%. This is 92.47% higher than that of the AdvisorShares family and significantly higher than that of the Small Value category. The equity positions weight for all United States etfs is 85.84% lower than that of the firm.
Series Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Series Portfolios' direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Series Portfolios could also be used in its relative valuation, which is a method of valuing Series Portfolios by comparing valuation metrics of similar companies.Series Portfolios is currently under evaluation in equity positions weight as compared to similar ETFs.
Fund Asset Allocation for Series Portfolios
The fund consists of 98.16% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Series Portfolios' 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.
Series Fundamentals
| Price To Earning | 23.47 X | |||
| Price To Book | 2.24 X | |||
| Price To Sales | 1.10 X | |||
| Number Of Employees | 445 | |||
| Total Asset | 3.59 M | |||
| One Year Return | (27.96) % | |||
| Three Year Return | (4.84) % | |||
| Five Year Return | 1.94 % | |||
| Net Asset | 3.59 M | |||
| Last Dividend Paid | 0.049 | |||
| Equity Positions Weight | 98.16 % |
About Series Portfolios Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Series Portfolios Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Series Portfolios using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Series Portfolios Trust 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.
Pair Trading with Series Portfolios
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 Series Portfolios 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 Series Portfolios will appreciate offsetting losses from the drop in the long position's value.Moving together with Series Etf
| 0.99 | VBR | Vanguard Small Cap | PairCorr |
| 0.97 | IWN | iShares Russell 2000 | PairCorr |
| 0.97 | DFAT | Dimensional Targeted | PairCorr |
| 0.97 | IJS | iShares SP Small | PairCorr |
| 0.97 | SLYV | SPDR SP 600 | PairCorr |
The ability to find closely correlated positions to Series Portfolios could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Series Portfolios 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 Series Portfolios - 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 Series Portfolios Trust to buy it.
The correlation of Series Portfolios 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 Series Portfolios moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Series Portfolios Trust 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 Series Portfolios 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 Series Portfolios Piotroski F Score and Series Portfolios Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Series Portfolios Trust is measured differently than its book value, which is the value of Series that is recorded on the company's balance sheet. Investors also form their own opinion of Series Portfolios' value that differs from its market value or its book value, called intrinsic value, which is Series Portfolios' 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 Series Portfolios' market value can be influenced by many factors that don't directly affect Series Portfolios' 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 Series Portfolios' value and its price as these two are different measures arrived at by different means. Investors typically determine if Series Portfolios is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Series Portfolios' 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.