Freedom Day Financial Statements From 2010 to 2025
| MBOX Etf | USD 34.58 0.00 0.00% |
Check Freedom Day financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freedom Day's main balance sheet or income statement drivers, such as , as well as many indicators such as . Freedom financial statements analysis is a perfect complement when working with Freedom Day Valuation or Volatility modules.
Freedom |
Freedom Day Dividend ETF Beta Analysis
Freedom Day'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 Freedom Day Beta | 0.84 |
Most of Freedom Day'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, Freedom Day Dividend 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, Freedom Day Dividend has a Beta of 0.84. This is much higher than that of the Alpha Architect family and significantly higher than that of the Large Value category. The beta for all United States etfs is notably lower than that of the firm.
About Freedom Day Financial Statements
Freedom Day investors use historical fundamental indicators, such as Freedom Day's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Freedom Day. Please read more on our technical analysis and fundamental analysis pages.
The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities that the Sub-Adviser believes have the potential to provide rising dividend income streams to the fund over time. Freedom Day is traded on NYSEARCA Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Freedom Day Dividend offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freedom Day'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 Freedom Day Dividend Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Freedom Day Dividend Etf:Check out the analysis of Freedom Day Correlation against competitors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Freedom Day Dividend is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Day's value that differs from its market value or its book value, called intrinsic value, which is Freedom Day'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 Freedom Day's market value can be influenced by many factors that don't directly affect Freedom Day'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 Freedom Day's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Day is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Day'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.