Guinness Atkinson Financials
MRAD Etf | USD 15.38 0.00 0.00% |
Guinness |
The data published in Guinness Atkinson's official financial statements typically reflect Guinness Atkinson'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 Guinness Atkinson's quantitative information. For example, before you start analyzing numbers published by Guinness accountants, it's essential to understand Guinness Atkinson's liquidity, profitability, and earnings quality within the context of the Guinness Atkinson space in which it operates.
Please note, the presentation of Guinness Atkinson'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, Guinness Atkinson's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Guinness Atkinson's management manipulating its earnings.
Guinness Atkinson Etf Summary
Guinness Atkinson competes with Global X, Morningstar Unconstrained, Thrivent High, High Yield, and Via Renewables. Under normal circumstances, the fund will invest at least 80 percent of its net assets in publicly-traded equity securities of domestic or foreign companies across multiple sectors that the Adviser considers to be Advertising or Marketing Technology companies, which are companies that have significant exposure to the development, production or deployment of advertising or marketing services, especially in ways that are related to digital media or in ways that make advertising or marketing activities more tailored or efficient in reaching a specific demographic. Smartetfs Advertising is traded on NYSEARCA Exchange in the United States.Instrument | USA Etf View All |
Exchange | NASDAQ Exchange |
Region | Others |
Investment Issuer | Others |
Business Address | 21550 Oxnard Street |
Etf Family | Guinness Atkinson |
Fund Category | Others |
Portfolio Concentration | Others |
Benchmark | Dow Jones Industrial |
Website | www.smartetfs.com/mrad/ |
Phone | NA |
Currency | USD - US Dollar |
Guinness Atkinson Key Financial Ratios
Guinness Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Guinness Atkinson's current stock value. Our valuation model uses many indicators to compare Guinness Atkinson value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Guinness Atkinson competition to find correlations between indicators driving Guinness Atkinson's intrinsic value. More Info.Guinness Atkinson Asset is regarded third largest ETF in beta as compared to similar ETFs. It is rated number one ETF in one year return as compared to similar ETFs reporting about 16.80 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Guinness Atkinson 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.Guinness Atkinson Market Pulse
Quote | 15.38 |
Change(%) | 0.00 |
Change | 0.00 |
Open | 15.38 |
Low | 15.38 |
High | 15.38 |
Volume | 0 |
Exchange | NASDAQ |
About Guinness Atkinson Financials
What exactly are Guinness Atkinson 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 Guinness Atkinson's income statement, its balance sheet, and the statement of cash flows. Potential Guinness Atkinson investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Guinness Atkinson investors may use each financial statement separately, they are all related. The changes in Guinness Atkinson's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Guinness Atkinson'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.Guinness Atkinson December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Guinness Atkinson help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Guinness Atkinson Asset. We use our internally-developed statistical techniques to arrive at the intrinsic value of Guinness Atkinson Asset based on widely used predictive technical indicators. In general, we focus on analyzing Guinness Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Guinness Atkinson's daily price indicators and compare them against related drivers.
Downside Deviation | 1.5 | |||
Information Ratio | (0.04) | |||
Maximum Drawdown | 6.34 | |||
Value At Risk | (2.24) | |||
Potential Upside | 1.87 |
Check out Correlation Analysis 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 nation. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of Guinness Atkinson Asset is measured differently than its book value, which is the value of Guinness that is recorded on the company's balance sheet. Investors also form their own opinion of Guinness Atkinson's value that differs from its market value or its book value, called intrinsic value, which is Guinness Atkinson'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 Guinness Atkinson's market value can be influenced by many factors that don't directly affect Guinness Atkinson'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 Guinness Atkinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guinness Atkinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guinness Atkinson'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.