ETRACS Quarterly Financial Statements From 2010 to 2024
| BDCX Etf | USD 32.16 0.09 0.28% |
Check ETRACS Quarterly financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ETRACS Quarterly's main balance sheet or income statement drivers, such as , as well as many indicators such as . ETRACS financial statements analysis is a perfect complement when working with ETRACS Quarterly Valuation or Volatility modules.
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ETRACS Quarterly Pay ETF Beta Analysis
ETRACS Quarterly's 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.
Current ETRACS Quarterly Beta | 1.11 |
Most of ETRACS Quarterly's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ETRACS Quarterly Pay is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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In accordance with the recently published financial statements, ETRACS Quarterly Pay has a Beta of 1.11. This is much higher than that of the UBS family and significantly higher than that of the Trading--Leveraged Equity category. The beta for all United States etfs is notably lower than that of the firm.
About ETRACS Quarterly Financial Statements
ETRACS Quarterly investors use historical fundamental indicators, such as ETRACS Quarterly's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ETRACS Quarterly. Please read more on our technical analysis and fundamental analysis pages.
The index is intended to measure the performance of all business development companies listed on the New York Stock Exchange , NYSE AMEX or The Nasdaq Stock Market, Inc. Etracs Quarterly is traded on NYSEARCA Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ETRACS Quarterly Pay is a strong investment it is important to analyze ETRACS Quarterly's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ETRACS Quarterly's future performance. For an informed investment choice regarding ETRACS Etf, refer to the following important reports:Check out the analysis of ETRACS Quarterly Correlation against competitors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of ETRACS Quarterly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Quarterly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Quarterly'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 ETRACS Quarterly's market value can be influenced by many factors that don't directly affect ETRACS Quarterly'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 ETRACS Quarterly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Quarterly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Quarterly'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.