Bondbloxx Etf Trust Etf Fundamentals
| XTRE Etf | USD 49.02 0.17 0.35% |
Bondbloxx ETF Trust fundamentals help investors to digest information that contributes to Bondbloxx ETF's financial success or failures. It also enables traders to predict the movement of Bondbloxx Etf. The fundamental analysis module provides a way to measure Bondbloxx ETF'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 Bondbloxx ETF etf.
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Bondbloxx ETF Trust ETF One Year Return Analysis
Bondbloxx ETF'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 Bondbloxx ETF One Year Return | 4.70 % |
Most of Bondbloxx ETF'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, Bondbloxx ETF Trust 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.
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Based on the recorded statements, Bondbloxx ETF Trust has an One Year Return of 4.7%. This is much higher than that of the BondBloxx Investment Management family and significantly higher than that of the Short Government category. The one year return for all United States etfs is notably lower than that of the firm.
Bondbloxx One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bondbloxx ETF'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 Bondbloxx ETF could also be used in its relative valuation, which is a method of valuing Bondbloxx ETF by comparing valuation metrics of similar companies.Bondbloxx ETF is currently under evaluation in one year return as compared to similar ETFs.
Bondbloxx Fundamentals
| Total Asset | 20.19 M | |||
| One Year Return | 4.70 % | |||
| Net Asset | 20.19 M |
About Bondbloxx ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bondbloxx ETF Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bondbloxx ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bondbloxx ETF Trust 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.Under normal circumstances, the fund will invest at least 80 percent of its net assets in a portfolio of U.S. Boxx Three is traded on NYSEARCA Exchange in the United States.
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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 Bondbloxx ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bondbloxx ETF'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 Bondbloxx Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bondbloxx Etf Trust Etf:Check out Bondbloxx ETF Piotroski F Score and Bondbloxx ETF Altman Z Score analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Bondbloxx ETF Trust is measured differently than its book value, which is the value of Bondbloxx that is recorded on the company's balance sheet. Investors also form their own opinion of Bondbloxx ETF's value that differs from its market value or its book value, called intrinsic value, which is Bondbloxx ETF'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 Bondbloxx ETF's market value can be influenced by many factors that don't directly affect Bondbloxx ETF'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 Bondbloxx ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bondbloxx ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bondbloxx ETF'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.