Tgif Etf Beta
TGIF fundamentals help investors to digest information that contributes to TGIF's financial success or failures. It also enables traders to predict the movement of TGIF Etf. The fundamental analysis module provides a way to measure TGIF'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 TGIF etf.
TGIF |
TGIF ETF Beta Analysis
TGIF'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.
Current TGIF Beta | 0.61 |
Most of TGIF's fundamental indicators, such as Beta, 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, TGIF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionIn accordance with the recently published financial statements, TGIF has a Beta of 0.61. This is much higher than that of the SoFi family and significantly higher than that of the Multisector Bond category. The beta for all United States etfs is notably lower than that of the firm.
TGIF Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TGIF'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 TGIF could also be used in its relative valuation, which is a method of valuing TGIF by comparing valuation metrics of similar companies.TGIF is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for TGIF
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides TGIF'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.
As returns on the market increase, TGIF's returns are expected to increase less than the market. However, during the bear market, the loss of holding TGIF is expected to be smaller as well.
TGIF Fundamentals
| Beta | 0.61 | |||
| Total Asset | 23.01 M | |||
| One Year Return | 9.40 % | |||
| Three Year Return | 2.50 % | |||
| Net Asset | 23.01 M | |||
| Last Dividend Paid | 0.05 | |||
| Bond Positions Weight | 7.97 % |
Currently Active Assets on Macroaxis
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 gross domestic product. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Tools for TGIF Etf
When running TGIF's price analysis, check to measure TGIF's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TGIF is operating at the current time. Most of TGIF's value examination focuses on studying past and present price action to predict the probability of TGIF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGIF's price. Additionally, you may evaluate how the addition of TGIF to your portfolios can decrease your overall portfolio volatility.
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