Teucrium Soybean Financials
| SOYB Etf | USD 21.09 0.18 0.85% |
Net Expense Ratio 0.0157 | 3 y Sharp Ratio (0.15) |
Teucrium |
The data published in Teucrium Soybean's official financial statements typically reflect Teucrium Soybean'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 Teucrium Soybean's quantitative information. For example, before you start analyzing numbers published by Teucrium accountants, it's essential to understand Teucrium Soybean's liquidity, profitability, and earnings quality within the context of the Teucrium space in which it operates.
Please note, the presentation of Teucrium Soybean'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, Teucrium Soybean's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Teucrium Soybean's management manipulating its earnings.
Teucrium Soybean Etf Summary
Teucrium Soybean competes with Teucrium Corn, Teucrium Wheat, and Teucrium Sugar. The fund seeks to achieve its investment objective by investing in Benchmark Component Futures Contracts. Teucrium Soybean is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US88166A6073 |
| CUSIP | 88166A607 |
| Region | Global |
| Investment Issuer | Teucrium |
| Etf Family | Teucrium |
| Fund Category | Agriculture |
| Portfolio Concentration | Soybeans |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Teucrium Soybean Key Financial Ratios
Teucrium Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Teucrium Soybean's current stock value. Our valuation model uses many indicators to compare Teucrium Soybean value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Teucrium Soybean competition to find correlations between indicators driving Teucrium Soybean's intrinsic value. More Info.Teucrium Soybean is rated second largest ETF in beta as compared to similar ETFs. It is rated below average in one year return as compared to similar ETFs . 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 Teucrium Soybean's earnings, one of the primary drivers of an investment's value.Teucrium Soybean Systematic Risk
Teucrium Soybean's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Teucrium Soybean 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Teucrium Soybean correlated with the market. If Beta is less than 0 Teucrium Soybean generally moves in the opposite direction as compared to the market. If Teucrium Soybean Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Teucrium Soybean is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Teucrium Soybean is generally in the same direction as the market. If Beta > 1 Teucrium Soybean moves generally in the same direction as, but more than the movement of the benchmark.
About Teucrium Soybean Financials
What exactly are Teucrium Soybean 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 Teucrium Soybean's income statement, its balance sheet, and the statement of cash flows. Potential Teucrium Soybean investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Teucrium Soybean investors may use each financial statement separately, they are all related. The changes in Teucrium Soybean's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Teucrium Soybean'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.Teucrium Soybean December 16, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Teucrium Soybean help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Teucrium Soybean. We use our internally-developed statistical techniques to arrive at the intrinsic value of Teucrium Soybean based on widely used predictive technical indicators. In general, we focus on analyzing Teucrium Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Teucrium Soybean's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 4.03 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.36 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teucrium Soybean. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Teucrium Soybean is measured differently than its book value, which is the value of Teucrium that is recorded on the company's balance sheet. Investors also form their own opinion of Teucrium Soybean's value that differs from its market value or its book value, called intrinsic value, which is Teucrium Soybean'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 Teucrium Soybean's market value can be influenced by many factors that don't directly affect Teucrium Soybean'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 Teucrium Soybean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teucrium Soybean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teucrium Soybean'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.