Jacob Forward Financials
| JFWD Etf | USD 12.52 0.24 1.88% |
Net Expense Ratio 0.0075 | 3 y Sharp Ratio (0.29) |
Jacob |
The data published in Jacob Forward's official financial statements typically reflect Jacob Forward'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 Jacob Forward's quantitative information. For example, before you start analyzing numbers published by Jacob accountants, it's essential to understand Jacob Forward's liquidity, profitability, and earnings quality within the context of the Jacob space in which it operates.
Please note, the presentation of Jacob Forward'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, Jacob Forward's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Jacob Forward's management manipulating its earnings.
Jacob Forward Etf Summary
Jacob Forward competes with Amplify Thematic, Jacob Micro, and Main Thematic. The manager seeks to achieve the funds investment objective by investing in common stocks and other equity securities of companies of all sizes. Jacob Funds is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US4697857039 |
| CUSIP | 469785703 |
| Region | Global |
| Investment Issuer | Jacob Asset Management |
| Etf Family | Jacob |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Jacob Forward Key Financial Ratios
Jacob Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Jacob Forward's current stock value. Our valuation model uses many indicators to compare Jacob Forward value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jacob Forward competition to find correlations between indicators driving Jacob Forward's intrinsic value. More Info.Jacob Forward ETF is considered the top ETF in beta as compared to similar ETFs. It also is considered the top ETF in one year return as compared to similar ETFs reporting about 21.86 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Jacob Forward 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.Jacob Forward ETF Systematic Risk
Jacob Forward's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Jacob Forward 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 output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Jacob Forward ETF correlated with the market. If Beta is less than 0 Jacob Forward generally moves in the opposite direction as compared to the market. If Jacob Forward Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Jacob Forward ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Jacob Forward is generally in the same direction as the market. If Beta > 1 Jacob Forward moves generally in the same direction as, but more than the movement of the benchmark.
About Jacob Forward Financials
What exactly are Jacob Forward 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 Jacob Forward's income statement, its balance sheet, and the statement of cash flows. Potential Jacob Forward investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Jacob Forward investors may use each financial statement separately, they are all related. The changes in Jacob Forward's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Jacob Forward'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.Jacob Forward Thematic Clasifications
Jacob Forward ETF 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 IdeasJacob Forward December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Jacob Forward help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Jacob Forward ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Jacob Forward ETF based on widely used predictive technical indicators. In general, we focus on analyzing Jacob Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Jacob Forward's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.1167 | |||
| Maximum Drawdown | 9.26 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 3.15 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jacob Forward ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Jacob Forward ETF is measured differently than its book value, which is the value of Jacob that is recorded on the company's balance sheet. Investors also form their own opinion of Jacob Forward's value that differs from its market value or its book value, called intrinsic value, which is Jacob Forward'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 Jacob Forward's market value can be influenced by many factors that don't directly affect Jacob Forward'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 Jacob Forward's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jacob Forward is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jacob Forward'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.