CHIM Financial Statements From 2010 to 2024
| CHIM Etf | USD 16.44 0.03 0.18% |
Check CHIM financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CHIM's main balance sheet or income statement drivers, such as , as well as many indicators such as . CHIM financial statements analysis is a perfect complement when working with CHIM Valuation or Volatility modules.
CHIM |
CHIM ETF Beta Analysis
CHIM'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 CHIM Beta | 0.97 |
Most of CHIM'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, CHIM 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, CHIM has a Beta of 0.97. 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.
CHIM Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CHIM's current stock value. Our valuation model uses many indicators to compare CHIM value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CHIM competition to find correlations between indicators driving CHIM's intrinsic value. More Info.CHIM is fourth largest ETF in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for CHIM is roughly 15.53 . Comparative valuation analysis is a catch-all technique that is used if you cannot value CHIM 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 CHIM Financial Statements
CHIM investors utilize fundamental indicators, such as revenue or net income, to predict how CHIM Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of CHIM is measured differently than its book value, which is the value of CHIM that is recorded on the company's balance sheet. Investors also form their own opinion of CHIM's value that differs from its market value or its book value, called intrinsic value, which is CHIM'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 CHIM's market value can be influenced by many factors that don't directly affect CHIM'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 CHIM's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIM'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.