WBI Power Beta vs. Equity Positions Weight
| WBIY Etf | USD 32.42 0.00 0.00% |
For WBI Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WBI Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WBI Power Factor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WBI Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WBI Power Factor over time as well as its relative position and ranking within its peers.
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The market value of WBI Power Factor is measured differently than its book value, which is the value of WBI that is recorded on the company's balance sheet. Investors also form their own opinion of WBI Power's value that differs from its market value or its book value, called intrinsic value, which is WBI Power'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 WBI Power's market value can be influenced by many factors that don't directly affect WBI Power'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 WBI Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if WBI Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WBI Power'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.
WBI Power Factor Equity Positions Weight vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WBI Power's current stock value. Our valuation model uses many indicators to compare WBI Power value to that of its competitors to determine the firm's financial worth. WBI Power Factor is rated fifth in beta as compared to similar ETFs. It is rated below average in equity positions weight as compared to similar ETFs making about 98.50 of Equity Positions Weight per Beta. 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 WBI Power's earnings, one of the primary drivers of an investment's value.WBI Equity Positions Weight 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.
WBI Power |
| = | 1.0 |
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.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
WBI Power |
| = | 98.50 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
WBI Equity Positions Weight Comparison
WBI Power is currently under evaluation in equity positions weight as compared to similar ETFs.
Beta Analysis
WBI Power returns are very sensitive to returns on the market. As the market goes up or down, WBI Power is expected to follow.
WBI Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WBI Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WBI Power will eventually generate negative long term returns. The profitability progress is the general direction of WBI Power's change in net profit over the period of time. It can combine multiple indicators of WBI Power, 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.
Under normal circumstances the fund will invest at least 80 percent of its total assets in the securities of the underlying index. WBI Largecap is traded on NYSEARCA Exchange in the United States.
WBI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WBI Power. 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 WBI Power 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 WBI Power's important profitability drivers and their relationship over time.
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Use WBI Power 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 WBI Power 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 WBI Power will appreciate offsetting losses from the drop in the long position's value.WBI Power Pair Trading
WBI Power Factor Pair Trading Analysis
The ability to find closely correlated positions to WBI Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WBI Power 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 WBI Power - 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 WBI Power Factor to buy it.
The correlation of WBI Power 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 WBI Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WBI Power Factor 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 WBI Power 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 WBI Power position
In addition to having WBI Power 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 Sport Products Thematic Idea Now
Sport Products
Companies manufacturing sporting goods and accessories. The Sport Products theme has 47 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 Sport Products Theme or any other thematic opportunities.
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Check out Your Current Watchlist. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
To fully project WBI Power's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WBI Power Factor 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 WBI Power's income statement, its balance sheet, and the statement of cash flows.