UBS ETRACS Financials
| WTID Etf | USD 18.22 0.09 0.50% |
Net Expense Ratio 0.0095 | 3 y Sharp Ratio 0.05 |
UBS |
The data published in UBS ETRACS's official financial statements typically reflect UBS ETRACS'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 UBS ETRACS's quantitative information. For example, before you start analyzing numbers published by UBS accountants, it's essential to understand UBS ETRACS's liquidity, profitability, and earnings quality within the context of the UBS Group AG space in which it operates.
Please note, the presentation of UBS ETRACS'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, UBS ETRACS's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of UBS ETRACS's management manipulating its earnings.
UBS ETRACS Etf Summary
UBS ETRACS competes with Ultimus Managers, Direxion Daily, EA Series, Global X, and ETRACS Quarterly. The investment seeks to provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. UBS ETRACS is traded on PCX Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US90274E1257 |
| CUSIP | 06368L403 |
| Region | North America |
| Investment Issuer | Bank of Montreal |
| Etf Family | UBS Group AG |
| Fund Category | Sector |
| Portfolio Concentration | Energy |
| Benchmark | Dow Jones Industrial |
| Phone | 212 882 5857 |
| Currency | USD - US Dollar |
UBS ETRACS Key Financial Ratios
UBS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining UBS ETRACS's current stock value. Our valuation model uses many indicators to compare UBS ETRACS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across UBS ETRACS competition to find correlations between indicators driving UBS ETRACS's intrinsic value. More Info.UBS ETRACS is rated first in one year return as compared to similar ETFs. It is rated first in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value UBS ETRACS 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.UBS ETRACS Systematic Risk
UBS ETRACS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. UBS ETRACS 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on UBS ETRACS correlated with the market. If Beta is less than 0 UBS ETRACS generally moves in the opposite direction as compared to the market. If UBS ETRACS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one UBS ETRACS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of UBS ETRACS is generally in the same direction as the market. If Beta > 1 UBS ETRACS moves generally in the same direction as, but more than the movement of the benchmark.
About UBS ETRACS Financials
What exactly are UBS ETRACS 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 UBS ETRACS's income statement, its balance sheet, and the statement of cash flows. Potential UBS ETRACS investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although UBS ETRACS investors may use each financial statement separately, they are all related. The changes in UBS ETRACS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on UBS ETRACS'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.UBS ETRACS Thematic Clasifications
UBS ETRACS is part of several thematic ideas from Energy ETFs to Sector 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 IdeasUBS ETRACS December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of UBS ETRACS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of UBS ETRACS . We use our internally-developed statistical techniques to arrive at the intrinsic value of UBS ETRACS based on widely used predictive technical indicators. In general, we focus on analyzing UBS Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build UBS ETRACS's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 20.79 | |||
| Value At Risk | (5.57) | |||
| Potential Upside | 6.2 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UBS ETRACS . 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of UBS ETRACS is measured differently than its book value, which is the value of UBS that is recorded on the company's balance sheet. Investors also form their own opinion of UBS ETRACS's value that differs from its market value or its book value, called intrinsic value, which is UBS ETRACS'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 UBS ETRACS's market value can be influenced by many factors that don't directly affect UBS ETRACS'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 UBS ETRACS's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBS ETRACS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBS ETRACS'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.