3 New and Unique ETFs to Give Advisors More Options - etf.com
| ERNZ Etf | 24.17 0.05 0.21% |
Slightly above 55% of TrueShares Active's investor base is interested to short. The current sentiment regarding investing in TrueShares Active Yield etf implies that many traders are impartial. TrueShares Active's investing sentiment can be driven by a variety of factors including economic data, TrueShares Active's earnings reports, geopolitical events, and overall market trends.
TrueShares |
3 New and Unique ETFs to Give Advisors More Options etf.com
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TrueShares Active Fundamental Analysis
We analyze TrueShares Active's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TrueShares Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TrueShares Active 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
TrueShares Active is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
TrueShares Active Yield Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TrueShares Active etf to make a market-neutral strategy. Peer analysis of TrueShares Active could also be used in its relative valuation, which is a method of valuing TrueShares Active by comparing valuation metrics with similar companies.
Peers
TrueShares Active Related Equities
| SQY | Tidal Trust | 5.43 | ||||
| ETH | Grayscale Ethereum | 4.33 | ||||
| IVW | IShares SP | 1.73 | ||||
| ROMO | Strategy Shares | 1.30 | ||||
| BTC | Grayscale Bitcoin | 1.02 | ||||
| DHDG | FT Vest | 0.98 | ||||
| RISN | Inspire Tactical | 0.91 | ||||
| EAOA | IShares ESG | 0.81 | ||||
| AMLP | Alerian MLP | 0.14 |
Check out TrueShares Active Hype Analysis, TrueShares Active Correlation and TrueShares Active Performance. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of TrueShares Active Yield is measured differently than its book value, which is the value of TrueShares that is recorded on the company's balance sheet. Investors also form their own opinion of TrueShares Active's value that differs from its market value or its book value, called intrinsic value, which is TrueShares Active'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 TrueShares Active's market value can be influenced by many factors that don't directly affect TrueShares Active'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 TrueShares Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueShares Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueShares Active'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.