Esoterica NextG Financial Statements From 2010 to 2025
| WUGI Etf | USD 70.54 0.15 0.21% |
Check Esoterica NextG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Esoterica NextG's main balance sheet or income statement drivers, such as , as well as many indicators such as . Esoterica financial statements analysis is a perfect complement when working with Esoterica NextG Valuation or Volatility modules.
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Esoterica NextG Economy ETF Beta Analysis
Esoterica NextG'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 Esoterica NextG Beta | 1.29 |
Most of Esoterica NextG'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, Esoterica NextG Economy 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, Esoterica NextG Economy has a Beta of 1.29. This is much higher than that of the Esoterica Capital family and significantly higher than that of the Technology category. The beta for all United States etfs is notably lower than that of the firm.
About Esoterica NextG Financial Statements
Investors use fundamental indicators, such as Esoterica NextG's revenue or net income, to determine how well the company is positioned to perform in the future. Although Esoterica NextG's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
The fund is an actively-managed ETF that will invest, under normal circumstances, at least 80 percent of its total assets in domestic and foreign equity securities of companies whose economic fortunes are significantly tied to the fifth generation digital cellular network technology enabled digital economy, including companies involved in the production of 5G technology and companies that may benefit from the use of 5G. Esoterica Nextg is traded on BATS Exchange in the United States.
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When determining whether Esoterica NextG Economy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Esoterica NextG'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 Esoterica Nextg Economy Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Esoterica Nextg Economy Etf:Check out the analysis of Esoterica NextG Correlation against competitors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Esoterica NextG Economy is measured differently than its book value, which is the value of Esoterica that is recorded on the company's balance sheet. Investors also form their own opinion of Esoterica NextG's value that differs from its market value or its book value, called intrinsic value, which is Esoterica NextG'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 Esoterica NextG's market value can be influenced by many factors that don't directly affect Esoterica NextG'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 Esoterica NextG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Esoterica NextG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Esoterica NextG'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.