Ultimus Managers Beta vs. Current Liabilities
| MDST Etf | 28.21 0.38 1.37% |
For Ultimus Managers profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ultimus Managers to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ultimus Managers Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ultimus Managers's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ultimus Managers Trust over time as well as its relative position and ranking within its peers.
Ultimus |
The market value of Ultimus Managers Trust is measured differently than its book value, which is the value of Ultimus that is recorded on the company's balance sheet. Investors also form their own opinion of Ultimus Managers' value that differs from its market value or its book value, called intrinsic value, which is Ultimus Managers' 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 Ultimus Managers' market value can be influenced by many factors that don't directly affect Ultimus Managers' 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 Ultimus Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultimus Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultimus Managers' 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.
Ultimus Managers Trust Current Liabilities vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ultimus Managers's current stock value. Our valuation model uses many indicators to compare Ultimus Managers value to that of its competitors to determine the firm's financial worth. Ultimus Managers Trust is rated below average in beta as compared to similar ETFs. It is rated number one ETF in current liabilities as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Ultimus Managers 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.Ultimus Current Liabilities vs. Beta
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.
Ultimus Managers |
| = | -5.65 |
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.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Ultimus Managers |
| = | 196 K |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Beta Analysis
As returns on the market increase, returns on owning Ultimus Managers are expected to decrease by larger amounts. On the other hand, during market turmoil, Ultimus Managers is expected to outperform it.
Ultimus Managers Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ultimus Managers, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ultimus Managers will eventually generate negative long term returns. The profitability progress is the general direction of Ultimus Managers' change in net profit over the period of time. It can combine multiple indicators of Ultimus Managers, 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.
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Ultimus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ultimus Managers. 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 Ultimus Managers 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 Ultimus Managers' important profitability drivers and their relationship over time.
Use Ultimus Managers 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 Ultimus Managers 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 Ultimus Managers will appreciate offsetting losses from the drop in the long position's value.Ultimus Managers Pair Trading
Ultimus Managers Trust Pair Trading Analysis
The ability to find closely correlated positions to Ultimus Managers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ultimus Managers 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 Ultimus Managers - 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 Ultimus Managers Trust to buy it.
The correlation of Ultimus Managers 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 Ultimus Managers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ultimus Managers Trust 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 Ultimus Managers 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 Ultimus Managers position
In addition to having Ultimus Managers 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 Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 483 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 Theme ETFs Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
To fully project Ultimus Managers' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ultimus Managers Trust 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 Ultimus Managers' income statement, its balance sheet, and the statement of cash flows.