Investment Analysis - Stock Traders Daily
| RIET Etf | USD 10.82 0.05 0.46% |
Slightly above 62% of Hoya Capital's investor base is looking to short. The current sentiment regarding investing in Hoya Capital High etf implies that many traders are alarmed. Hoya Capital's investing sentiment can be driven by a variety of factors including economic data, Hoya Capital's earnings reports, geopolitical events, and overall market trends.
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Investment Analysis Stock Traders Daily
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Hoya Capital Fundamental Analysis
We analyze Hoya Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hoya Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hoya Capital 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.
One Year Return
One Year Return Comparative Analysis
Hoya Capital is currently under evaluation in one year return as compared to similar ETFs. 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.
Hoya Capital High 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 Hoya Capital etf to make a market-neutral strategy. Peer analysis of Hoya Capital could also be used in its relative valuation, which is a method of valuing Hoya Capital by comparing valuation metrics with similar companies.
Peers
Hoya Capital Related Equities
| MSTSX | Morningstar Unconstrained | 0.42 | ||||
| RRTLX | T Rowe | 0.32 | ||||
| LBHIX | Thrivent High | 0.24 | ||||
| ABHYX | High-yield Municipal | 0.22 | ||||
| VIASP | Via Renewables | 0.50 |
Check out Hoya Capital Hype Analysis, Hoya Capital Correlation and Hoya Capital Performance. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Hoya Capital High is measured differently than its book value, which is the value of Hoya that is recorded on the company's balance sheet. Investors also form their own opinion of Hoya Capital's value that differs from its market value or its book value, called intrinsic value, which is Hoya Capital'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 Hoya Capital's market value can be influenced by many factors that don't directly affect Hoya Capital'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 Hoya Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hoya Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hoya Capital'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.