516220 Financials
| 516220 Etf | 0.66 0.01 1.54% |
516220 |
The data published in 516220's official financial statements typically reflect 516220's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving 516220's quantitative information. For example, before you start analyzing numbers published by 516220 accountants, it's essential to understand 516220's liquidity, profitability, and earnings quality within the context of the 516220 space in which it operates.
Please note, the presentation of 516220's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 516220's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of 516220's management manipulating its earnings.
516220 December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 516220 help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 516220. We use our internally-developed statistical techniques to arrive at the intrinsic value of 516220 based on widely used predictive technical indicators. In general, we focus on analyzing 516220 Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 516220's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.0681 | |||
| Maximum Drawdown | 17.74 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 5.26 |