Alexis Practical Financial Statements From 2010 to 2024
| LEXI Etf | USD 31.59 0.40 1.25% |
Check Alexis Practical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alexis Practical's main balance sheet or income statement drivers, such as , as well as many indicators such as . Alexis financial statements analysis is a perfect complement when working with Alexis Practical Valuation or Volatility modules.
Alexis |
Alexis Practical Tactical ETF Beta Analysis
Alexis Practical'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 Alexis Practical Beta | 1.19 |
Most of Alexis Practical'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, Alexis Practical Tactical 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.
| Competition |
In accordance with the recently published financial statements, Alexis Practical Tactical has a Beta of 1.19. This is much higher than that of the Alexis Practical Tactical family and significantly higher than that of the Tactical Allocation category. The beta for all United States etfs is notably lower than that of the firm.
About Alexis Practical Financial Statements
Investors use fundamental indicators, such as Alexis Practical's revenue or net income, to determine how well the company is positioned to perform in the future. Although Alexis Practical's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
In seeking to achieve its investment objective, the fund has the flexibility to allocate its assets in markets around the world and among various asset classes , and real estate and strategies, including alternative strategies . Alexis Practical is traded on NYSEARCA Exchange in the United States.
Currently Active Assets on Macroaxis
When determining whether Alexis Practical Tactical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alexis Practical'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 Alexis Practical Tactical Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Alexis Practical Tactical Etf:Check out the analysis of Alexis Practical Correlation against competitors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of Alexis Practical Tactical is measured differently than its book value, which is the value of Alexis that is recorded on the company's balance sheet. Investors also form their own opinion of Alexis Practical's value that differs from its market value or its book value, called intrinsic value, which is Alexis Practical'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 Alexis Practical's market value can be influenced by many factors that don't directly affect Alexis Practical'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 Alexis Practical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alexis Practical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alexis Practical'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.