SmartETFs Smart Equity Positions Weight vs. Five Year Return
Based on SmartETFs Smart's profitability indicators, SmartETFs Smart Transportation may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess SmartETFs Smart's ability to earn profits and add value for shareholders.
Check out Correlation 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 estimate.
For SmartETFs Smart profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SmartETFs Smart to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SmartETFs Smart Transportation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SmartETFs Smart's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SmartETFs Smart Transportation over time as well as its relative position and ranking within its peers.
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The market value of SmartETFs Smart Tran is measured differently than its book value, which is the value of SmartETFs that is recorded on the company's balance sheet. Investors also form their own opinion of SmartETFs Smart's value that differs from its market value or its book value, called intrinsic value, which is SmartETFs Smart'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 SmartETFs Smart's market value can be influenced by many factors that don't directly affect SmartETFs Smart'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 SmartETFs Smart's value and its price as these two are different measures arrived at by different means. Investors typically determine if SmartETFs Smart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SmartETFs Smart'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.
SmartETFs Smart Tran Five Year Return vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SmartETFs Smart's current stock value. Our valuation model uses many indicators to compare SmartETFs Smart value to that of its competitors to determine the firm's financial worth. SmartETFs Smart Transportation is rated number one ETF in equity positions weight as compared to similar ETFs. It also is rated number one ETF in five year return as compared to similar ETFs reporting about 0.15 of Five Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to Five Year Return for SmartETFs Smart Transportation is roughly 6.85 . 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 SmartETFs Smart's earnings, one of the primary drivers of an investment's value.SmartETFs Five Year Return vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
SmartETFs Smart |
| = | 95.26 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
SmartETFs Smart |
| = | 13.90 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
SmartETFs Five Year Return Comparison
SmartETFs Smart is currently under evaluation in five year return as compared to similar ETFs.
SmartETFs Smart Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SmartETFs Smart, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SmartETFs Smart will eventually generate negative long term returns. The profitability progress is the general direction of SmartETFs Smart's change in net profit over the period of time. It can combine multiple indicators of SmartETFs Smart, 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 invests in publicly-traded equity securities of domestic or foreign companies that are involved in the development and production of products or services for Smart Transportation, including safer, cleaner or connected vehicles and Smart Transportation companies providing transportation as a service. Smartetfs Smart is traded on NYSEARCA Exchange in the United States.
SmartETFs Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SmartETFs Smart. 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 SmartETFs Smart 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 SmartETFs Smart's important profitability drivers and their relationship over time.
| Equity Positions Weight vs Beta | ||
| One Year Return vs Five Year Return | ||
| Equity Positions Weight vs Three Year Return | ||
| Net Asset vs Five Year Return |
Use SmartETFs Smart 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 SmartETFs Smart 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 SmartETFs Smart will appreciate offsetting losses from the drop in the long position's value.SmartETFs Smart Pair Trading
SmartETFs Smart Transportation Pair Trading Analysis
The ability to find closely correlated positions to Ameriprise Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ameriprise Financial 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 Ameriprise Financial - 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 Ameriprise Financial to buy it.
The correlation of Ameriprise Financial 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 Ameriprise Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameriprise Financial 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 Ameriprise Financial 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 SmartETFs Smart position
In addition to having SmartETFs Smart 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 Gambling Thematic Idea Now
Gambling
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 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 Gambling Theme or any other thematic opportunities.
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Check out Correlation 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 estimate. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Tools for SmartETFs Etf
When running SmartETFs Smart's price analysis, check to measure SmartETFs Smart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SmartETFs Smart is operating at the current time. Most of SmartETFs Smart's value examination focuses on studying past and present price action to predict the probability of SmartETFs Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartETFs Smart's price. Additionally, you may evaluate how the addition of SmartETFs Smart to your portfolios can decrease your overall portfolio volatility.
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