X Square Series Trust Etf Retained Earnings
| ZTAX Etf | 26.73 0.36 1.33% |
X Square Series Trust fundamentals help investors to digest information that contributes to X Square's financial success or failures. It also enables traders to predict the movement of ZTAX Etf. The fundamental analysis module provides a way to measure X Square'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 X Square etf.
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X Square Series Trust ETF Retained Earnings Analysis
X Square's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
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Based on the latest financial disclosure, X Square Series Trust has a Retained Earnings of 0.0. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) family and about the same as Muni National Interm (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
ZTAX Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses X Square's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of X Square could also be used in its relative valuation, which is a method of valuing X Square by comparing valuation metrics of similar companies.X Square is currently under evaluation in retained earnings as compared to similar ETFs.
ZTAX Fundamentals
| Annual Yield | 0.04 % | |||
| One Year Return | 10.40 % |
About X Square Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze X Square Series Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of X Square using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of X Square Series 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.
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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 X Square Series offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of X Square'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 X Square Series Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on X Square Series Trust Etf:Check out X Square Piotroski F Score and X Square Altman Z Score analysis. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of X Square Series is measured differently than its book value, which is the value of ZTAX that is recorded on the company's balance sheet. Investors also form their own opinion of X Square's value that differs from its market value or its book value, called intrinsic value, which is X Square'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 X Square's market value can be influenced by many factors that don't directly affect X Square'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 X Square's value and its price as these two are different measures arrived at by different means. Investors typically determine if X Square is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, X Square'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.