Change Finance Financials
| CHGX Etf | USD 38.31 0.16 0.42% |
Change |
The data published in Change Finance's official financial statements typically reflect Change Finance'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 Change Finance's quantitative information. For example, before you start analyzing numbers published by Change accountants, it's essential to understand Change Finance's liquidity, profitability, and earnings quality within the context of the AXS space in which it operates.
Please note, the imprecision that can be found in Change Finance's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Change Finance Diversified. Check Change Finance's Beneish M Score to see the likelihood of Change Finance's management manipulating its earnings.
Change Finance Etf Summary
Change Finance competes with Amplify ETF, IShares MSCI, First Trust, SPDR SP, and Northern Lights. The index measures the performance of an equal-weighted portfolio of approximately 100 large-, mid-capitalization equity securities of U.S. Diversified Impact is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US46144X1072 |
| CUSIP | 46144X107 26922A560 |
| Region | North America |
| Investment Issuer | AXS Investments |
| Etf Family | AXS |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Change Finance Key Financial Ratios
Change Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Change Finance's current stock value. Our valuation model uses many indicators to compare Change Finance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Change Finance competition to find correlations between indicators driving Change Finance's intrinsic value. More Info.Change Finance Diversified is second largest ETF in beta as compared to similar ETFs. It also is second largest ETF in one year return as compared to similar ETFs reporting about 16.73 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 Change Finance's earnings, one of the primary drivers of an investment's value.Change Finance Diver Systematic Risk
Change Finance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Change Finance 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 Change Finance Diver correlated with the market. If Beta is less than 0 Change Finance generally moves in the opposite direction as compared to the market. If Change Finance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Change Finance Diver is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Change Finance is generally in the same direction as the market. If Beta > 1 Change Finance 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 Change Finance 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 Change 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 Change Finance's financials are consistent with your investment objective using the following steps:- Review Change Finance'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 Change Finance'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 Change Finance'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 Change Finance's stock is overvalued or undervalued.
Change Finance Thematic Clasifications
Change Finance Diversified is part of several thematic ideas from Theme ETFs to Strategy 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 IdeasChange Finance January 9, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Change Finance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Change Finance Diversified. We use our internally-developed statistical techniques to arrive at the intrinsic value of Change Finance Diversified based on widely used predictive technical indicators. In general, we focus on analyzing Change Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Change Finance's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.64 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.08 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Change Finance Diversified. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Change Finance Diver is measured differently than its book value, which is the value of Change that is recorded on the company's balance sheet. Investors also form their own opinion of Change Finance's value that differs from its market value or its book value, called intrinsic value, which is Change Finance'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 Change Finance's market value can be influenced by many factors that don't directly affect Change Finance'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 Change Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Change Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Change Finance'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.