MicroSectors Solactive Financials
We recommend to make use of MicroSectors Solactive FANG fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking you can employ it to find out if MicroSectors Solactive is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down and interpolate seven available fundamentals for MicroSectors Solactive, which can be compared to its peers in the industry.
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The data published in MicroSectors Solactive's official financial statements typically reflect MicroSectors Solactive'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 MicroSectors Solactive's quantitative information. For example, before you start analyzing numbers published by MicroSectors accountants, it's essential to understand MicroSectors Solactive's liquidity, profitability, and earnings quality within the context of the BMO Capital Markets space in which it operates.
Please note, the imprecision that can be found in MicroSectors Solactive's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MicroSectors Solactive FANG. Check MicroSectors Solactive's Beneish M Score to see the likelihood of MicroSectors Solactive's management manipulating its earnings.
MicroSectors Solactive Etf Summary
MicroSectors Solactive competes with Direxion Daily, and Direxion Daily. Microsectors Fang is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US0636796171 |
| CUSIP | 063679559 063679617 |
| Region | North America |
| Investment Issuer | Bank of Montreal |
| Etf Family | BMO Capital Markets |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
MicroSectors Solactive Key Financial Ratios
MicroSectors Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MicroSectors Solactive's current stock value. Our valuation model uses many indicators to compare MicroSectors Solactive value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MicroSectors Solactive competition to find correlations between indicators driving MicroSectors Solactive's intrinsic value. More Info.MicroSectors Solactive FANG is second largest ETF in beta as compared to similar ETFs. It is third largest ETF in one year return as compared to similar ETFs reporting about 19.15 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MicroSectors Solactive's earnings, one of the primary drivers of an investment's value.MicroSectors Solactive Thematic Clasifications
MicroSectors Solactive FANG is part of several thematic ideas from Strategy ETFs to Theme 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 IdeasMicroSectors Solactive November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MicroSectors Solactive help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MicroSectors Solactive FANG. We use our internally-developed statistical techniques to arrive at the intrinsic value of MicroSectors Solactive FANG based on widely used predictive technical indicators. In general, we focus on analyzing MicroSectors Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MicroSectors Solactive's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.3 | |||
| Information Ratio | 0.0533 | |||
| Maximum Drawdown | 19.02 | |||
| Value At Risk | (6.94) | |||
| Potential Upside | 6.24 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of MicroSectors Solactive is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Solactive's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Solactive'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 MicroSectors Solactive's market value can be influenced by many factors that don't directly affect MicroSectors Solactive'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 MicroSectors Solactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Solactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Solactive'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.