Aptus Drawdown Financials
| ADME Etf | USD 48.01 0.33 0.69% |
Net Expense Ratio 0.0079 | 3 y Sharp Ratio 0.04 |
Aptus |
The data published in Aptus Drawdown's official financial statements typically reflect Aptus Drawdown'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 Aptus Drawdown's quantitative information. For example, before you start analyzing numbers published by Aptus accountants, it's essential to understand Aptus Drawdown's liquidity, profitability, and earnings quality within the context of the Aptus Capital Advisors space in which it operates.
Please note, the presentation of Aptus Drawdown'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, Aptus Drawdown's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Aptus Drawdown's management manipulating its earnings.
Aptus Drawdown Etf Summary
Aptus Drawdown competes with Core Alternative, Invesco SP, ETF Series, and WisdomTree Target. The fund is an actively managed exchange-traded fund that seeks to achieve its objective principally by investing in a portfolio of U.S. Aptus Drawdown is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US26922A7845 |
| CUSIP | 26922A784 |
| Region | North America |
| Investment Issuer | Aptus Capital Advisors |
| Etf Family | Aptus Capital Advisors |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Aptus Drawdown Key Financial Ratios
Aptus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aptus Drawdown's current stock value. Our valuation model uses many indicators to compare Aptus Drawdown value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aptus Drawdown competition to find correlations between indicators driving Aptus Drawdown's intrinsic value. More Info.Aptus Drawdown Managed is second largest ETF in beta as compared to similar ETFs. It is the top ETF in one year return as compared to similar ETFs reporting about 37.22 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Aptus Drawdown by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Aptus Drawdown Managed Systematic Risk
Aptus Drawdown's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Aptus Drawdown volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Aptus Drawdown Managed correlated with the market. If Beta is less than 0 Aptus Drawdown generally moves in the opposite direction as compared to the market. If Aptus Drawdown Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aptus Drawdown Managed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aptus Drawdown is generally in the same direction as the market. If Beta > 1 Aptus Drawdown moves generally in the same direction as, but more than the movement of the benchmark.
About Aptus Drawdown Financials
What exactly are Aptus Drawdown Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Aptus Drawdown's income statement, its balance sheet, and the statement of cash flows. Potential Aptus Drawdown investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Aptus Drawdown investors may use each financial statement separately, they are all related. The changes in Aptus Drawdown's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aptus Drawdown's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Aptus Drawdown Thematic Clasifications
Aptus Drawdown Managed is part of several thematic ideas from Size And Style ETFs to Large Cap ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasAptus Drawdown November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Aptus Drawdown help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Aptus Drawdown Managed. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aptus Drawdown Managed based on widely used predictive technical indicators. In general, we focus on analyzing Aptus Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aptus Drawdown's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.765 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.16 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.03 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptus Drawdown Managed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Aptus Drawdown Managed is measured differently than its book value, which is the value of Aptus that is recorded on the company's balance sheet. Investors also form their own opinion of Aptus Drawdown's value that differs from its market value or its book value, called intrinsic value, which is Aptus Drawdown'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 Aptus Drawdown's market value can be influenced by many factors that don't directly affect Aptus Drawdown'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 Aptus Drawdown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptus Drawdown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptus Drawdown'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.