Etc 6 Meridian Etf Equity Positions Weight
| SIXH Etf | USD 37.85 0.27 0.72% |
ETC 6 Meridian fundamentals help investors to digest information that contributes to ETC 6's financial success or failures. It also enables traders to predict the movement of ETC Etf. The fundamental analysis module provides a way to measure ETC 6'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 ETC 6 etf.
ETC |
ETC 6 Meridian ETF Equity Positions Weight Analysis
ETC 6's 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 ETC 6 Equity Positions Weight | 96.12 % |
Most of ETC 6's 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, ETC 6 Meridian 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, ETC 6 Meridian has an Equity Positions Weight of 96%. This is much higher than that of the Exchange Traded Concepts family and significantly higher than that of the Derivative Income category. The equity positions weight for all United States etfs is notably lower than that of the firm.
ETC Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETC 6's 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 ETC 6 could also be used in its relative valuation, which is a method of valuing ETC 6 by comparing valuation metrics of similar companies.ETC 6 is currently under evaluation in equity positions weight as compared to similar ETFs.
Fund Asset Allocation for ETC 6
The fund consists of 96.12% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides ETC 6'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.
ETC Fundamentals
| Beta | 0.39 | |||
| Total Asset | 265.2 M | |||
| One Year Return | 16.20 % | |||
| Three Year Return | 9.80 % | |||
| Net Asset | 265.2 M | |||
| Last Dividend Paid | 0.0609 | |||
| Equity Positions Weight | 96.12 % |
About ETC 6 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETC 6 Meridian's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETC 6 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETC 6 Meridian 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.
Currently Active Assets on Macroaxis
When determining whether ETC 6 Meridian offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ETC 6's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etc 6 Meridian Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Etc 6 Meridian Etf:Check out ETC 6 Piotroski F Score and ETC 6 Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of ETC 6 Meridian is measured differently than its book value, which is the value of ETC that is recorded on the company's balance sheet. Investors also form their own opinion of ETC 6's value that differs from its market value or its book value, called intrinsic value, which is ETC 6'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 ETC 6's market value can be influenced by many factors that don't directly affect ETC 6'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 ETC 6's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETC 6 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETC 6'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.