Sei Exchange Traded Etf Working Capital
| SEIQ Etf | USD 36.54 0.13 0.36% |
SEI Exchange Traded fundamentals help investors to digest information that contributes to SEI Exchange's financial success or failures. It also enables traders to predict the movement of SEI Etf. The fundamental analysis module provides a way to measure SEI Exchange'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 SEI Exchange etf.
SEI |
SEI Exchange Traded ETF Working Capital Analysis
SEI Exchange's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
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Based on the company's disclosures, SEI Exchange Traded has a Working Capital of 0.0. This indicator is about the same for the SEI Investments Co average (which is currently at 0.0) family and about the same as Large Blend (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for SEI Exchange
The fund invests 99.77% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides SEI Exchange's 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.
SEI Fundamentals
| Total Asset | 7.58 M | |||
| One Year Return | 25.70 % | |||
| Net Asset | 7.58 M | |||
| Equity Positions Weight | 99.77 % |
About SEI Exchange Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SEI Exchange Traded's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SEI Exchange using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SEI Exchange Traded 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 SEI Exchange
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 SEI Exchange 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 SEI Exchange will appreciate offsetting losses from the drop in the long position's value.Moving together with SEI Etf
| 0.98 | VTI | Vanguard Total Stock | PairCorr |
| 0.98 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.98 | IVV | iShares Core SP | PairCorr |
| 0.95 | VIG | Vanguard Dividend | PairCorr |
| 0.98 | VV | Vanguard Large Cap | PairCorr |
The ability to find closely correlated positions to SEI Exchange could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SEI Exchange 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 SEI Exchange - 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 SEI Exchange Traded to buy it.
The correlation of SEI Exchange 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 SEI Exchange moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SEI Exchange Traded 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 SEI Exchange 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 SEI Exchange Piotroski F Score and SEI Exchange Altman Z Score analysis. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of SEI Exchange Traded is measured differently than its book value, which is the value of SEI that is recorded on the company's balance sheet. Investors also form their own opinion of SEI Exchange's value that differs from its market value or its book value, called intrinsic value, which is SEI Exchange'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 SEI Exchange's market value can be influenced by many factors that don't directly affect SEI Exchange'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 SEI Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if SEI Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SEI Exchange'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.