Evolve Global Materials Etf Analysis
| BASE Etf | CAD 30.22 0.32 1.05% |
3 y Volatility 17.57 | 200 Day MA 23.8553 | 1 y Volatility 14.43 | 50 Day MA 27.3449 | Inception Date 2019-06-11 |
Evolve Global's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Evolve Global's financial risk is the risk to Evolve Global stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Evolve Global's debt-to-equity ratio measures a ETF's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Evolve Global is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Evolve Global to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Evolve Global is said to be less leveraged. If creditors hold a majority of Evolve Global's assets, the ETF is said to be highly leveraged.
Evolve Global Materials is undervalued with Real Value of 32.24 and Hype Value of 30.72. The main objective of Evolve Global etf analysis is to determine its intrinsic value, which is an estimate of what Evolve Global Materials is worth, separate from its market price. There are two main types of Evolve Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Evolve Global Materials. On the other hand, technical analysis, focuses on the price and volume data of Evolve Etf to identify patterns and trends that may indicate its future price movements.
The Evolve Global etf is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada.
Evolve |
Evolve Etf Analysis Notes
The fund generated five year return of 12.0%. Evolve Global Materials holds 99.9% of assets under management (AUM) in equities. EVOLVE GLOB is traded on Toronto Stock Exchange in Canada. For more info on Evolve Global Materials please contact the company at NA.Evolve Global Materials Investment Alerts
| Latest headline from news.google.com: Mirae Asset Asset Management announced on the 10th that the managed assets of Global X Europe - | |
| The fund holds 99.9% of its assets under management (AUM) in equities |
Management Efficiency
Evolve Global's management efficiency ratios could be used to measure how well Evolve Global manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at Evolve Global Materials is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y 13.51 | Returns 5 Y 11.77 | Returns 1 Y 46.87 | Total Assets 72 M | Yield 8.54 |
Top Evolve Global Materials Etf Constituents
| PKX | POSCO Holdings | Stock | |
| RIO | Rio Tinto ADR | Stock | |
| MT | ArcelorMittal SA ADR | Stock | |
| GFI | Gold Fields Ltd | Stock | |
| VALE | Vale SA ADR | Stock | |
| BHP | BHP Group Limited | Stock | |
| NUE | Nucor Corp | Stock | |
| STLD | Steel Dynamics | Stock | |
| FCX | Freeport McMoran Copper Gold | Stock | |
| SCCO | Southern Copper | Stock |
Evolve Global Outstanding Bonds
Evolve Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Evolve Global Materials uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Evolve bonds can be classified according to their maturity, which is the date when Evolve Global Materials has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Evolve Global Predictive Daily Indicators
Evolve Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Evolve Global etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 80.47 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 30.12 | |||
| Day Typical Price | 30.15 | |||
| Market Facilitation Index | 3.0E-4 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.32) |
Evolve Global Forecast Models
Evolve Global's time-series forecasting models are one of many Evolve Global's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Evolve Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Evolve Global Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Evolve Global's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Evolve Global, which in turn will lower the firm's financial flexibility.Evolve Global Corporate Bonds Issued
About Evolve Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how Evolve Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Evolve shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Evolve Global. By using and applying Evolve Etf analysis, traders can create a robust methodology for identifying Evolve entry and exit points for their positions.
EVOLVE GLOB is traded on Toronto Stock Exchange in Canada.
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Other Information on Investing in Evolve Etf
Evolve Global financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve Global security.