Sanjac Alpha Low Etf Beta
| SJLD Etf | 25.14 0.01 0.04% |
SanJac Alpha Low fundamentals help investors to digest information that contributes to SanJac Alpha's financial success or failures. It also enables traders to predict the movement of SanJac Etf. The fundamental analysis module provides a way to measure SanJac Alpha'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 SanJac Alpha etf.
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SanJac Alpha Low ETF Beta Analysis
SanJac Alpha'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.
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.
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In accordance with the recently published financial statements, SanJac Alpha Low has a Beta of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Short-Term Bond (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
SanJac Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SanJac Alpha'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 SanJac Alpha could also be used in its relative valuation, which is a method of valuing SanJac Alpha by comparing valuation metrics of similar companies.SanJac Alpha is currently under evaluation in beta as compared to similar ETFs.
About SanJac Alpha Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SanJac Alpha Low's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SanJac Alpha using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SanJac Alpha Low 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 SanJac Alpha Low is a strong investment it is important to analyze SanJac Alpha's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SanJac Alpha's future performance. For an informed investment choice regarding SanJac Etf, refer to the following important reports:Check out SanJac Alpha Piotroski F Score and SanJac Alpha 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 SanJac Alpha Low is measured differently than its book value, which is the value of SanJac that is recorded on the company's balance sheet. Investors also form their own opinion of SanJac Alpha's value that differs from its market value or its book value, called intrinsic value, which is SanJac Alpha'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 SanJac Alpha's market value can be influenced by many factors that don't directly affect SanJac Alpha'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 SanJac Alpha's value and its price as these two are different measures arrived at by different means. Investors typically determine if SanJac Alpha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SanJac Alpha'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.