SHP ETF Financial Statements From 2010 to 2025
| KOCG Etf | USD 28.08 0.21 0.74% |
Check SHP ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SHP ETF's main balance sheet or income statement drivers, such as , as well as many indicators such as . SHP financial statements analysis is a perfect complement when working with SHP ETF Valuation or Volatility modules.
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SHP ETF Trust ETF Beta Analysis
SHP ETF'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 SHP ETF Beta | 1.02 |
Most of SHP ETF'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, SHP ETF Trust 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, SHP ETF Trust has a Beta of 1.02. This is much higher than that of the Faith Investor family and significantly higher than that of the Global Large-Stock Blend category. The beta for all United States etfs is notably lower than that of the firm.
About SHP ETF Financial Statements
SHP ETF stakeholders use historical fundamental indicators, such as SHP ETF's revenue or net income, to determine how well the company is positioned to perform in the future. Although SHP ETF investors may analyze each financial statement separately, they are all interrelated. For example, changes in SHP ETF's assets and liabilities are reflected in the revenues and expenses on SHP ETF'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 SHP ETF Trust. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities, including common stock and American Depositary Receipts and Global Depositary Receipts of international and domestic companies. Fis Knights is traded on NYSEARCA Exchange in the United States.
Currently Active Assets on Macroaxis
When determining whether SHP ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SHP ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shp Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Shp Etf Trust Etf:Check out the analysis of SHP ETF Correlation against competitors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SHP ETF Trust is measured differently than its book value, which is the value of SHP that is recorded on the company's balance sheet. Investors also form their own opinion of SHP ETF's value that differs from its market value or its book value, called intrinsic value, which is SHP ETF'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 SHP ETF's market value can be influenced by many factors that don't directly affect SHP ETF'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 SHP ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if SHP ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SHP ETF'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.