EGPT Financial Statements From 2010 to 2025
EGPT financial statements provide useful quarterly and yearly information to potential EGPT investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on EGPT financial statements helps investors assess EGPT's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting EGPT's valuation are summarized below:EGPT does not today have any fundamental signals for analysis.
This module can also supplement various EGPT Technical models . Check out Investing Opportunities 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 american community survey.
Check EGPT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EGPT's main balance sheet or income statement drivers, such as , as well as many indicators such as . EGPT financial statements analysis is a perfect complement when working with EGPT Valuation or Volatility modules.
EGPT |
EGPT ETF Beta Analysis
EGPT'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 EGPT Beta | 0.24 |
Most of EGPT'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, EGPT 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, EGPT has a Beta of 0.24. This is much higher than that of the VanEck family and significantly higher than that of the Miscellaneous Region category. The beta for all United States etfs is notably lower than that of the firm.
EGPT Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EGPT's current stock value. Our valuation model uses many indicators to compare EGPT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EGPT competition to find correlations between indicators driving EGPT's intrinsic value. More Info.EGPT is rated # 4 ETF in price to earning as compared to similar ETFs. It also is rated # 4 ETF in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for EGPT is roughly 9.47 . Comparative valuation analysis is a catch-all technique that is used if you cannot value EGPT 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.Thematic Opportunities
Explore Investment Opportunities
Check out Investing Opportunities 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 american community survey. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Tools for EGPT Etf
When running EGPT's price analysis, check to measure EGPT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EGPT is operating at the current time. Most of EGPT's value examination focuses on studying past and present price action to predict the probability of EGPT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EGPT's price. Additionally, you may evaluate how the addition of EGPT to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |