ETF Financial Statements From 2010 to 2024
ETF financial statements provide useful quarterly and yearly information to potential ETF 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 ETF financial statements helps investors assess ETF's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ETF's valuation are summarized below:ETF does not today have any fundamental signals for analysis.
This module can also supplement various ETF 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 estimate.
Check ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ETF's main balance sheet or income statement drivers, such as , as well as many indicators such as . ETF financial statements analysis is a perfect complement when working with ETF Valuation or Volatility modules.
ETF |
ETF ETF Price To Book Analysis
ETF's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current ETF Price To Book | 0.84 X |
Most of ETF's fundamental indicators, such as Price To Book, 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, ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, ETF has a Price To Book of 0.84 times. This is much higher than that of the family and significantly higher than that of the Price To Book category. The price to book for all United States etfs is notably lower than that of the firm.
ETF Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ETF's current stock value. Our valuation model uses many indicators to compare ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ETF competition to find correlations between indicators driving ETF's intrinsic value. More Info.ETF is rated below average in price to book as compared to similar ETFs. It is one of the top ETFs in price to sales as compared to similar ETFs fabricating about 36.81 of Price To Sales per Price To Book. Comparative valuation analysis is a catch-all technique that is used if you cannot value ETF 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.Currently Active Assets on Macroaxis
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 estimate. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Tools for ETF Etf
When running ETF's price analysis, check to measure ETF'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 ETF is operating at the current time. Most of ETF's value examination focuses on studying past and present price action to predict the probability of ETF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ETF's price. Additionally, you may evaluate how the addition of ETF to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Stocks Directory Find actively traded stocks across global markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |