AXS Esoterica NextG Economy ETF Celebrates 3rd Anniversary with Strong Performance, Continuing to Deliver for Investors
| WUGI Etf | USD 74.53 0.45 0.61% |
Under 51% of Esoterica NextG's investor base is interested to short. The current sentiment regarding investing in Esoterica NextG Economy etf implies that many traders are impartial. Esoterica NextG's investing sentiment shows overall attitude of investors towards Esoterica NextG Economy.
Esoterica |
AXS Investments, a leading asset manager providing access to alternative investments for growth, income and diversification, marked the 3-year anniversary of the launch of the AXS Esoterica NextG Economy ETF on March 31, with an annualized return of 15.63 percent since inception. In the first quarter of 2023, WUGI returned 24.22.
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Esoterica NextG Fundamental Analysis
We analyze Esoterica NextG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Esoterica NextG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Esoterica NextG 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
Esoterica NextG 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.
Esoterica NextG Economy 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 Esoterica NextG etf to make a market-neutral strategy. Peer analysis of Esoterica NextG could also be used in its relative valuation, which is a method of valuing Esoterica NextG by comparing valuation metrics with similar companies.
Peers
Esoterica NextG Related Equities
| KRT | Karat Packaging | 1.41 | ||||
| RA | Brookfield Real | 0.59 | ||||
| HIW | Highwoods Properties | 0.03 | ||||
| KRC | Kilroy Realty | 1.24 | ||||
| NXL | Nexalin Technology | 2.11 |
Check out Esoterica NextG Hype Analysis, Esoterica NextG Correlation and Esoterica NextG 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 Esoterica NextG Economy is measured differently than its book value, which is the value of Esoterica that is recorded on the company's balance sheet. Investors also form their own opinion of Esoterica NextG's value that differs from its market value or its book value, called intrinsic value, which is Esoterica NextG'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 Esoterica NextG's market value can be influenced by many factors that don't directly affect Esoterica NextG'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 Esoterica NextG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Esoterica NextG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Esoterica NextG'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.