Etf Managers Group Etf Net Asset
SILX Etf | USD 1.75 0.00 0.00% |
ETF Managers Group fundamentals help investors to digest information that contributes to ETF Managers' financial success or failures. It also enables traders to predict the movement of ETF Etf. The fundamental analysis module provides a way to measure ETF Managers' 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 ETF Managers etf.
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ETF Managers Group ETF Net Asset Analysis
ETF Managers' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current ETF Managers Net Asset | 1.98 M |
Most of ETF Managers' fundamental indicators, such as Net Asset, 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, ETF Managers Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, ETF Managers Group has a Net Asset of 1.98 M. This is much higher than that of the ETFMG family and significantly higher than that of the Trading--Leveraged Equity category. The net asset for all United States etfs is notably lower than that of the firm.
ETF Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETF Managers' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ETF Managers could also be used in its relative valuation, which is a method of valuing ETF Managers by comparing valuation metrics of similar companies.ETF Managers is currently under evaluation in net asset as compared to similar ETFs.
ETF Fundamentals
Total Asset | 1.98 M | |||
One Year Return | (65.43) % | |||
Net Asset | 1.98 M |
About ETF Managers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETF Managers Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETF Managers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETF Managers Group 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 ETF Managers Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ETF Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Etf Managers Group Etf. Highlighted below are key reports to facilitate an investment decision about Etf Managers Group Etf:Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.