Capital Group Financials
| CGGO Etf | USD 29.54 0.31 1.06% |
Capital |
The data published in Capital Group's official financial statements typically reflect Capital Group'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 Capital Group's quantitative information. For example, before you start analyzing numbers published by Capital accountants, it's essential to understand Capital Group's liquidity, profitability, and earnings quality within the context of the Capital Group space in which it operates.
Capital Group Etf Summary
Capital Group competes with Capital Group, Capital Group, Capital Group, Capital Group, and Capital Group. The fund invests primarily in common stocks of companies around the world that the investment adviser believes have the potential for growth. Capital Global is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US14020X1046 |
| CUSIP | 14020X104 |
| Region | Global |
| Investment Issuer | Capital Group |
| Etf Family | Capital Group |
| Fund Category | Broad Equity |
| Portfolio Concentration | Size and Style |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Capital Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Capital Group's current stock value. Our valuation model uses many indicators to compare Capital Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Capital Group competition to find correlations between indicators driving Capital Group's intrinsic value. More Info.Capital Group Global is the top ETF in one year return as compared to similar ETFs. It also is the top ETF in net asset as compared to similar ETFs making up about 27,749,733 of Net Asset per One Year Return. 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 Capital Group's earnings, one of the primary drivers of an investment's value.Capital Group Global Systematic Risk
Capital Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Capital Group 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Capital Group Global correlated with the market. If Beta is less than 0 Capital Group generally moves in the opposite direction as compared to the market. If Capital Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Capital Group Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Capital Group is generally in the same direction as the market. If Beta > 1 Capital Group moves generally in the same direction as, but more than the movement of the benchmark.
Capital Group Thematic Clasifications
Capital Group Global is part of several thematic ideas from Size And Style ETFs to Broad Equity 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 IdeasCapital Group January 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Capital Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Capital Group Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of Capital Group Global based on widely used predictive technical indicators. In general, we focus on analyzing Capital Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Capital Group's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.23 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.05 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capital Group Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of Capital Group Global is measured differently than its book value, which is the value of Capital that is recorded on the company's balance sheet. Investors also form their own opinion of Capital Group's value that differs from its market value or its book value, called intrinsic value, which is Capital Group'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 Capital Group's market value can be influenced by many factors that don't directly affect Capital Group'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 Capital Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capital Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital Group'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.