Humankind Benefit Profitability Analysis
The market value of Humankind Benefit is measured differently than its book value, which is the value of Humankind that is recorded on the company's balance sheet. Investors also form their own opinion of Humankind Benefit's value that differs from its market value or its book value, called intrinsic value, which is Humankind Benefit'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 Humankind Benefit's market value can be influenced by many factors that don't directly affect Humankind Benefit'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 Humankind Benefit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Humankind Benefit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Humankind Benefit'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.
HKND fundamentals not found
We are unable to locate Humankind Benefit indicator at this time.
If you believe the indicator you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.| Symbol | HKND |
| Name | Humankind Benefit |
| Type | Etf |
| Country | United States |
| Exchange | NYSE ARCA |
Indicator Description
We cannot locate any information for this view at this time. Please try again later!Other Suggestions
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Humankind Benefit Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Humankind Benefit, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Humankind Benefit will eventually generate negative long term returns. The profitability progress is the general direction of Humankind Benefit's change in net profit over the period of time. It can combine multiple indicators of Humankind Benefit, 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 index is primarily comprised of domestic equity securities and may not be comprised of greater than 5 percent of foreign securities . Humankind is traded on NYSEARCA Exchange in the United States.
Humankind Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Humankind Benefit. 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 Humankind Benefit 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 Humankind Benefit's important profitability drivers and their relationship over time.
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Humankind Benefit Earnings per Share Projection vs Actual
Use Humankind Benefit 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 Humankind Benefit 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 Humankind Benefit will appreciate offsetting losses from the drop in the long position's value.Humankind Benefit Pair Trading
Humankind Benefit Pair Trading Analysis
The ability to find closely correlated positions to Humankind Benefit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Humankind Benefit 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 Humankind Benefit - 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 Humankind Benefit to buy it.
The correlation of Humankind Benefit 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 Humankind Benefit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Humankind Benefit 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 Humankind Benefit 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 Humankind Benefit position
In addition to having Humankind Benefit 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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Macroaxis Index
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 51 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 Macroaxis Index Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis 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 employment. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
To fully project Humankind Benefit's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Humankind Benefit 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 Humankind Benefit's income statement, its balance sheet, and the statement of cash flows.