Evolve Innovation Index Etf Analysis
| EDGE Etf | CAD 43.24 0.73 1.66% |
3 y Volatility 16.27 | 200 Day MA 43.0537 | 1 y Volatility 16.06 | 50 Day MA 44.1921 | Inception Date 2018-04-30 |
Evolve Innovation'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 Innovation's financial risk is the risk to Evolve Innovation 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 Innovation'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 Innovation 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 Innovation to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Evolve Innovation is said to be less leveraged. If creditors hold a majority of Evolve Innovation's assets, the ETF is said to be highly leveraged.
Evolve Innovation Index is fairly valued with Real Value of 43.58 and Hype Value of 43.24. The main objective of Evolve Innovation etf analysis is to determine its intrinsic value, which is an estimate of what Evolve Innovation Index 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 Innovation Index. 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 Innovation 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 Evolve ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Global Innovation Index, or any successor thereto . EVOLVE INNOVATION is traded on Toronto Stock Exchange in Canada. To learn more about Evolve Innovation Index call the company at 844-370-4884.Evolve Innovation Index Investment Alerts
| Evolve Innovation generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF - Yahoo Finance |
Management Efficiency
Evolve Innovation's management efficiency ratios could be used to measure how well Evolve Innovation manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at Evolve Innovation Index is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y 14.21 | Returns 5 Y 3.92 | Returns 1 Y 7.51 | Total Assets 33 M | Yield 0.34 |
Top Evolve Innovation Index Etf Constituents
| ISRG | Intuitive Surgical | Stock | |
| 005930 | Samsung Electronics Co | Stock | |
| HERO | Global X Video | Etf | |
| QCOM | Qualcomm Incorporated | Stock | |
| BMY | Bristol Myers Squibb | Stock | |
| NTRA | Natera Inc | Stock | |
| CARS | Cars Inc | Stock | |
| MRK | Merck Company | Stock | |
| CYBR | CyberArk Software | Stock |
Evolve Innovation Outstanding Bonds
Evolve Innovation 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 Innovation Index 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 Innovation Index 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Evolve Innovation Predictive Daily Indicators
Evolve Innovation 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 Innovation 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.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 43.24 | |||
| Day Typical Price | 43.24 | |||
| Price Action Indicator | (0.36) | |||
| Period Momentum Indicator | (0.73) | |||
| Relative Strength Index | 40.39 |
Evolve Innovation Forecast Models
Evolve Innovation's time-series forecasting models are one of many Evolve Innovation'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 Innovation'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 Innovation 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 Innovation's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Evolve Innovation, which in turn will lower the firm's financial flexibility.Evolve Innovation Corporate Bonds Issued
About Evolve Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how Evolve Innovation 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 Innovation. By using and applying Evolve Etf analysis, traders can create a robust methodology for identifying Evolve entry and exit points for their positions.
The Evolve ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Global Innovation Index, or any successor thereto . EVOLVE INNOVATION is traded on Toronto Stock Exchange in Canada.
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Other Information on Investing in Evolve Etf
Evolve Innovation 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 Innovation security.