ERShares Entrepreneurs ETF Financials
ENTRDelisted Etf | USD 15.47 0.05 0.32% |
ERShares |
The data published in ERShares Entrepreneurs' official financial statements typically reflect ERShares Entrepreneurs' 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 ERShares Entrepreneurs' quantitative information. For example, before you start analyzing numbers published by ERShares accountants, it's essential to understand ERShares Entrepreneurs' liquidity, profitability, and earnings quality within the context of the EntrepreneurShares space in which it operates.
ERShares Entrepreneurs Etf Summary
ERShares Entrepreneurs competes with East West, GSI Technology, Amtech Systems, and Entegris. The fund invests primarily in equity securities of mid and large capitalization companies traded on the NASDAQ, the New York Stock Exchange or other major U.S. exchanges. Entrepreneur is traded on NYSEARCA Exchange in the United States.Instrument | USA Etf |
Exchange | NASDAQ Exchange |
ISIN | US2938288022 |
Region | Others |
Investment Issuer | Others |
Business Address | Entropic Communications, IncSan |
New Symbol | XOVR |
Etf Family | EntrepreneurShares |
Fund Category | Others |
Portfolio Concentration | Others |
Benchmark | Dow Jones Industrial |
Website | www.entropic.com |
Phone | NA |
Currency | USD - US Dollar |
ERShares Entrepreneurs Key Financial Ratios
ERShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ERShares Entrepreneurs's current stock value. Our valuation model uses many indicators to compare ERShares Entrepreneurs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ERShares Entrepreneurs competition to find correlations between indicators driving ERShares Entrepreneurs's intrinsic value. More Info.ERShares Entrepreneurs ETF is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ERShares Entrepreneurs ETF is roughly 193.67 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ERShares Entrepreneurs 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.ERShares Entrepreneurs Market Pulse
Quote | 15.47 |
Change(%) | 0.32 |
Change | 0.05 |
Open | 15.42 |
Low | 15.42 |
High | 15.47 |
Volume | 0 |
Exchange | NASDAQ |
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 ERShares Entrepreneurs 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 ERShares 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 ERShares Entrepreneurs' financials are consistent with your investment objective using the following steps:- Review ERShares Entrepreneurs' 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 ERShares Entrepreneurs' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare ERShares Entrepreneurs' 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 ERShares Entrepreneurs' stock is overvalued or undervalued.
ERShares Entrepreneurs December 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ERShares Entrepreneurs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ERShares Entrepreneurs ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of ERShares Entrepreneurs ETF based on widely used predictive technical indicators. In general, we focus on analyzing ERShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ERShares Entrepreneurs's daily price indicators and compare them against related drivers.
Downside Deviation | 1.54 | |||
Information Ratio | 0.0033 | |||
Maximum Drawdown | 5.86 | |||
Value At Risk | (2.57) | |||
Potential Upside | 2.31 |
Check out Investing Opportunities 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 estimate. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in ERShares Etf
If you are still planning to invest in ERShares Entrepreneurs check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ERShares Entrepreneurs' history and understand the potential risks before investing.
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