Elkhorn One Year Return vs. Net Asset
| DWACDelisted Etf | USD 17.63 1.37 7.21% |
For Elkhorn profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elkhorn to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elkhorn utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elkhorn's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elkhorn over time as well as its relative position and ranking within its peers.
Elkhorn |
Elkhorn Net Asset vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Elkhorn's current stock value. Our valuation model uses many indicators to compare Elkhorn value to that of its competitors to determine the firm's financial worth. Elkhorn is one of the top ETFs in one year return as compared to similar ETFs. It is rated # 3 ETF in net asset as compared to similar ETFs making up about 67,075,891 of Net Asset per One Year Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Elkhorn's earnings, one of the primary drivers of an investment's value.Elkhorn Net Asset vs. One Year Return
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.
Elkhorn |
| = | 4.48 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Elkhorn |
| = | 300.5 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Elkhorn Net Asset Comparison
Elkhorn is currently under evaluation in net asset as compared to similar ETFs.
Elkhorn Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Elkhorn, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elkhorn will eventually generate negative long term returns. The profitability progress is the general direction of Elkhorn's change in net profit over the period of time. It can combine multiple indicators of Elkhorn, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Digital World Acquisition Corp. does not have significant operations. Digital World is traded on NASDAQ Exchange in the United States.
Elkhorn Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Elkhorn. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Elkhorn position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Elkhorn's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Elkhorn without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio OptimizationCompute new portfolio that will generate highest expected return given your specified tolerance for risk |
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Use Investing Themes to Complement your Elkhorn position
In addition to having Elkhorn in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Monster Funds
Solid funds with above average long term performance indicators based on Macroaxis rating system. The Monster Funds theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Monster Funds Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Elkhorn Etf
If you are still planning to invest in Elkhorn check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Elkhorn's history and understand the potential risks before investing.
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