Two Roads One Year Return vs. Beta
| DYLD Etf | USD 22.66 0.00 0.00% |
For Two Roads profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Two Roads to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Two Roads Shared utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Two Roads's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Two Roads Shared over time as well as its relative position and ranking within its peers.
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The market value of Two Roads Shared is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Roads' value that differs from its market value or its book value, called intrinsic value, which is Two Roads' 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 Two Roads' market value can be influenced by many factors that don't directly affect Two Roads' 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 Two Roads' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Roads is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Roads' 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.
Two Roads Shared Beta vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Two Roads's current stock value. Our valuation model uses many indicators to compare Two Roads value to that of its competitors to determine the firm's financial worth. Two Roads Shared is one of the top ETFs in one year return as compared to similar ETFs. It also is one of the top ETFs in beta as compared to similar ETFs totaling about 0.11 of Beta per One Year Return. The ratio of One Year Return to Beta for Two Roads Shared is roughly 8.86 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Two Roads by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Two Beta 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.
Two Roads |
| = | 6.20 % |
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.
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.
Two Roads |
| = | 0.7 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Two Beta Comparison
Two Roads is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
As returns on the market increase, Two Roads' returns are expected to increase less than the market. However, during the bear market, the loss of holding Two Roads is expected to be smaller as well.
Two Roads Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Two Roads, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Two Roads will eventually generate negative long term returns. The profitability progress is the general direction of Two Roads' change in net profit over the period of time. It can combine multiple indicators of Two Roads, 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.
The fund will be an actively managed ETF that normally invests, directly or indirectly, at least 80 percent of its net assets, including any borrowings for investment purposes, in a diversified portfolio of fixed income instruments. Leadershares Dynamic is traded on NYSEARCA Exchange in the United States.
Two Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Two Roads. 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 Two Roads 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 Two Roads' important profitability drivers and their relationship over time.
Use Two Roads in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Two Roads position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Two Roads will appreciate offsetting losses from the drop in the long position's value.Two Roads Pair Trading
Two Roads Shared Pair Trading Analysis
The ability to find closely correlated positions to Two Roads could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Two Roads when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Two Roads - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Two Roads Shared to buy it.
The correlation of Two Roads is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Two Roads moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Two Roads Shared moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Two Roads can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Two Roads position
In addition to having Two Roads 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?
Run Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 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 Disruptive Technologies Theme or any other thematic opportunities.
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Check out Investing Opportunities. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
To fully project Two Roads' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Two Roads Shared at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Two Roads' income statement, its balance sheet, and the statement of cash flows.