Fairlead Tactical Sector Etf Fundamentals
| TACK Etf | USD 28.91 0.16 0.56% |
Fairlead Tactical Sector fundamentals help investors to digest information that contributes to Fairlead Tactical's financial success or failures. It also enables traders to predict the movement of Fairlead Etf. The fundamental analysis module provides a way to measure Fairlead Tactical'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 Fairlead Tactical etf.
Fairlead |
Fairlead Tactical Sector ETF One Year Return Analysis
Fairlead Tactical's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Fairlead Tactical One Year Return | 23.40 % |
Most of Fairlead Tactical's fundamental indicators, such as One Year Return, 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, Fairlead Tactical Sector is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Fairlead Tactical Sector has an One Year Return of 23.4%. This is much higher than that of the Fairlead Funds family and significantly higher than that of the Tactical Allocation category. The one year return for all United States etfs is notably lower than that of the firm.
Fairlead One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fairlead Tactical's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Fairlead Tactical could also be used in its relative valuation, which is a method of valuing Fairlead Tactical by comparing valuation metrics of similar companies.Fairlead Tactical is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for Fairlead Tactical
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks.Asset allocation divides Fairlead Tactical'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.
Fairlead Fundamentals
| Total Asset | 150.43 M | |||
| One Year Return | 23.40 % | |||
| Net Asset | 150.43 M | |||
| Equity Positions Weight | 23.34 % |
About Fairlead Tactical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fairlead Tactical Sector's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fairlead Tactical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fairlead Tactical Sector 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.The fund is a diversified actively-managed ETF that under normal circumstances will invest more than 80 percent of the funds net assets in passive domestic equity sector ETFs and ETFs investing respectively in gold and U.S. Capitol Fairlead is traded on NYSEARCA Exchange in the United States.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Fairlead Tactical Piotroski F Score and Fairlead Tactical Altman Z Score 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 Fairlead Tactical Sector is measured differently than its book value, which is the value of Fairlead that is recorded on the company's balance sheet. Investors also form their own opinion of Fairlead Tactical's value that differs from its market value or its book value, called intrinsic value, which is Fairlead Tactical'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 Fairlead Tactical's market value can be influenced by many factors that don't directly affect Fairlead Tactical'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 Fairlead Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fairlead Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fairlead Tactical'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.