ALT5 Sigma Financials
| ALTS Etf | USD 3.52 0.23 6.13% |
ALT5 |
The data published in ALT5 Sigma's official financial statements typically reflect ALT5 Sigma'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 ALT5 Sigma's quantitative information. For example, before you start analyzing numbers published by ALT5 accountants, it's essential to understand ALT5 Sigma's liquidity, profitability, and earnings quality within the context of the Pharmaceuticals space in which it operates.
Please note, the imprecision that can be found in ALT5 Sigma's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ALT5 Sigma. Check ALT5 Sigma's Beneish M Score to see the likelihood of ALT5 Sigma's management manipulating its earnings.
ALT5 Sigma Etf Summary
ALT5 Sigma competes with Amylyx Pharmaceuticals, FT Vest, Zillow Group, and Northern Lights. The fund is a fund of ETFs and seeks to achieve its investment objective by investing primarily in the underlying ETFs. ProShares Morningstar is traded on BTS Exchange in the United States.Specialization | Health Care, Pharmaceuticals, Biotechnology & Life Sciences |
| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 03814F205 47089W104 03814F403 03814F106 |
| Older Symbol | JAN |
| Region | Others |
| Investment Issuer | Others |
| Location | Nevada; U.S.A |
| Business Address | 325 East Warm |
| Etf Family | Pharmaceuticals |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | alt5sigma.com |
| Phone | 702 997 5968 |
| Currency | USD - US Dollar |
ALT5 Sigma Key Financial Ratios
| Return On Equity | -0.66 | ||||
| Return On Asset | -0.0834 | ||||
| Beta | 2.22 | ||||
| Last Dividend Paid | 0.35 |
ALT5 Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ALT5 Sigma's current stock value. Our valuation model uses many indicators to compare ALT5 Sigma value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ALT5 Sigma competition to find correlations between indicators driving ALT5 Sigma's intrinsic value. More Info.ALT5 Sigma is third largest ETF in price to earning as compared to similar ETFs. It also is third largest ETF in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ALT5 Sigma is roughly 9.95 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ALT5 Sigma 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.ALT5 Sigma Systematic Risk
ALT5 Sigma's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ALT5 Sigma 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on ALT5 Sigma correlated with the market. If Beta is less than 0 ALT5 Sigma generally moves in the opposite direction as compared to the market. If ALT5 Sigma Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ALT5 Sigma is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ALT5 Sigma is generally in the same direction as the market. If Beta > 1 ALT5 Sigma moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as ALT5 Sigma is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of ALT5 has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if ALT5 Sigma's financials are consistent with your investment objective using the following steps:- Review ALT5 Sigma's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand ALT5 Sigma's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare ALT5 Sigma's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if ALT5 Sigma's stock is overvalued or undervalued.
ALT5 Sigma December 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ALT5 Sigma help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ALT5 Sigma. We use our internally-developed statistical techniques to arrive at the intrinsic value of ALT5 Sigma based on widely used predictive technical indicators. In general, we focus on analyzing ALT5 Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ALT5 Sigma's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.21 | |||
| Information Ratio | 0.1694 | |||
| Maximum Drawdown | 31.22 | |||
| Value At Risk | (6.35) | |||
| Potential Upside | 10.43 |
Other Information on Investing in ALT5 Etf
ALT5 Sigma financial ratios help investors to determine whether ALT5 Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ALT5 with respect to the benefits of owning ALT5 Sigma security.