ClearShares OCIO Financials
| OCIO Etf | USD 35.01 0.18 0.52% |
Net Expense Ratio 0.0064 | 3 y Sharp Ratio 0.16 |
ClearShares |
The data published in ClearShares OCIO's official financial statements typically reflect ClearShares OCIO'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 ClearShares OCIO's quantitative information. For example, before you start analyzing numbers published by ClearShares accountants, it's essential to understand ClearShares OCIO's liquidity, profitability, and earnings quality within the context of the ClearShares space in which it operates.
ClearShares OCIO Etf Summary
ClearShares OCIO competes with IShares Core, Alpha Architect, Collaborative Investment, Northern Lights, and SPDR SSgA. The fund is expected to typically invest approximately 40 percent to 70 percent of its total assets in equity securities , either through Underlying Investments that principally invest in U.S. or foreign equity securities, or directly in U.S. equity securities. ETF Series is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US26922A7274 |
| CUSIP | 26922A727 |
| Region | Global |
| Investment Issuer | ClearShares |
| Etf Family | ClearShares |
| Fund Category | Asset Allocation |
| Portfolio Concentration | Target Outcome |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ClearShares OCIO Key Financial Ratios
ClearShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ClearShares OCIO's current stock value. Our valuation model uses many indicators to compare ClearShares OCIO value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ClearShares OCIO competition to find correlations between indicators driving ClearShares OCIO's intrinsic value. More Info.ClearShares OCIO ETF is regarded fourth 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 22.88 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 ClearShares OCIO's earnings, one of the primary drivers of an investment's value.ClearShares OCIO ETF Systematic Risk
ClearShares OCIO's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ClearShares OCIO 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 fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on ClearShares OCIO ETF correlated with the market. If Beta is less than 0 ClearShares OCIO generally moves in the opposite direction as compared to the market. If ClearShares OCIO Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ClearShares OCIO ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ClearShares OCIO is generally in the same direction as the market. If Beta > 1 ClearShares OCIO moves generally in the same direction as, but more than the movement of the benchmark.
ClearShares OCIO Thematic Clasifications
ClearShares OCIO ETF is part of several thematic ideas from Asset Allocation ETFs to Target Outcome 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 IdeasClearShares OCIO December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ClearShares OCIO help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ClearShares OCIO ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of ClearShares OCIO ETF based on widely used predictive technical indicators. In general, we focus on analyzing ClearShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ClearShares OCIO's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4632 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 2.61 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.9481 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares OCIO 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 gross domestic product. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of ClearShares OCIO ETF is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares OCIO's value that differs from its market value or its book value, called intrinsic value, which is ClearShares OCIO'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 ClearShares OCIO's market value can be influenced by many factors that don't directly affect ClearShares OCIO'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 ClearShares OCIO's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares OCIO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares OCIO'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.