CHIE Financial Statements From 2010 to 2024
| CHIE Etf | USD 14.80 0.22 1.51% |
Check CHIE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CHIE's main balance sheet or income statement drivers, such as , as well as many indicators such as . CHIE financial statements analysis is a perfect complement when working with CHIE Valuation or Volatility modules.
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CHIE ETF Beta Analysis
CHIE'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 CHIE Beta | 0.58 |
Most of CHIE'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, CHIE 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.
CompetitionIn accordance with the recently published financial statements, CHIE has a Beta of 0.58. This is much higher than that of the Global X Funds family and significantly higher than that of the China Region category. The beta for all United States etfs is notably lower than that of the firm.
CHIE Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CHIE's current stock value. Our valuation model uses many indicators to compare CHIE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CHIE competition to find correlations between indicators driving CHIE's intrinsic value. More Info.CHIE is second largest ETF in price to earning as compared to similar ETFs. It is third largest ETF in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for CHIE is roughly 13.39 . Comparative valuation analysis is a catch-all technique that is used if you cannot value CHIE by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About CHIE Financial Statements
CHIE stakeholders use historical fundamental indicators, such as CHIE's revenue or net income, to determine how well the company is positioned to perform in the future. Although CHIE investors may analyze each financial statement separately, they are all interrelated. For example, changes in CHIE's assets and liabilities are reflected in the revenues and expenses on CHIE's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CHIE. Please read more on our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. Gx MSCI 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 CHIE is a strong investment it is important to analyze CHIE'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 CHIE's future performance. For an informed investment choice regarding CHIE Etf, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of CHIE is measured differently than its book value, which is the value of CHIE that is recorded on the company's balance sheet. Investors also form their own opinion of CHIE's value that differs from its market value or its book value, called intrinsic value, which is CHIE'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 CHIE's market value can be influenced by many factors that don't directly affect CHIE'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 CHIE's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIE'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.