CHIC Financials
| CHIC Etf | USD 15.43 0.00 0.00% |
CHIC |
The data published in CHIC's official financial statements typically reflect CHIC'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 CHIC's quantitative information. For example, before you start analyzing numbers published by CHIC accountants, it's essential to understand CHIC's liquidity, profitability, and earnings quality within the context of the Global X Funds space in which it operates.
Please note, the presentation of CHIC'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, CHIC's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of CHIC's management manipulating its earnings.
CHIC Etf Summary
CHIC competes with Coherus BioSciences. The fund invests at least 80 percent of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. Gx MSCI is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Global X Funds |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
CHIC Key Financial Ratios
CHIC Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CHIC's current stock value. Our valuation model uses many indicators to compare CHIC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CHIC competition to find correlations between indicators driving CHIC's intrinsic value. More Info.CHIC is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for CHIC is roughly 11.68 . 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 CHIC's earnings, one of the primary drivers of an investment's value.CHIC Market Pulse
| Quote | 15.43 |
| Change(%) | 0.00 |
| Change | 0.00 |
| Open | 15.43 |
| Low | 15.43 |
| High | 15.43 |
| Volume | 0 |
| Exchange | NASDAQ |
About CHIC Financials
What exactly are CHIC 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 CHIC's income statement, its balance sheet, and the statement of cash flows. Potential CHIC investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although CHIC investors may use each financial statement separately, they are all related. The changes in CHIC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CHIC'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.CHIC January 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CHIC help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CHIC. We use our internally-developed statistical techniques to arrive at the intrinsic value of CHIC based on widely used predictive technical indicators. In general, we focus on analyzing CHIC Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CHIC's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.06 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.96 |
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 gross domestic product. 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 CHIC is measured differently than its book value, which is the value of CHIC that is recorded on the company's balance sheet. Investors also form their own opinion of CHIC's value that differs from its market value or its book value, called intrinsic value, which is CHIC'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 CHIC's market value can be influenced by many factors that don't directly affect CHIC'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 CHIC's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIC'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.