SmartETFs Smart Equity Positions Weight vs. One Year Return
| MOTO Etf | USD 44.52 0.59 1.34% |
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.
SmartETFs |
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 One 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 below average in equity positions weight as compared to similar ETFs. It also is rated below average in one year return as compared to similar ETFs reporting about 0.13 of One Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to One Year Return for SmartETFs Smart Transportation is roughly 7.81 . 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 One 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.
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.
SmartETFs Smart |
| = | 12.20 % |
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.
SmartETFs One Year Return Comparison
SmartETFs Smart is currently under evaluation in one 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 | ||
| Three Year Return vs One Year Return | ||
| Equity Positions Weight vs Five Year Return | ||
| Net Asset vs One 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 SmartETFs Smart could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SmartETFs Smart 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 SmartETFs Smart - 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 SmartETFs Smart Transportation to buy it.
The correlation of SmartETFs Smart 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 SmartETFs Smart moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SmartETFs Smart Tran 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 SmartETFs Smart 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 ESG Investing Thematic Idea Now
ESG Investing
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing 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 ESG Investing Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
To fully project SmartETFs Smart's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SmartETFs Smart Tran 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 SmartETFs Smart's income statement, its balance sheet, and the statement of cash flows.