Hoya Capital High Dividend Yield ETF Shares Down 0.1 percent - Defense World
| 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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Hoya Capital High Dividend Yield ETF Shares Down 0.1 Defense World
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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.
Beta
Beta Comparative Analysis
Hoya Capital is currently under evaluation in beta as compared to similar ETFs. 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.
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.