Anfield Equity Sector Etf One Year Return
| AESR Etf | USD 17.74 0.05 0.28% |
Anfield Equity Sector fundamentals help investors to digest information that contributes to Anfield Equity's financial success or failures. It also enables traders to predict the movement of Anfield Etf. The fundamental analysis module provides a way to measure Anfield Equity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Anfield Equity etf.
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Anfield Equity Sector ETF One Year Return Analysis
Anfield Equity's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Anfield Equity One Year Return | 35.10 % |
Most of Anfield Equity's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Anfield Equity Sector is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Anfield Equity Sector has an One Year Return of 35.1%. This is much higher than that of the Anfield family and significantly higher than that of the Large Blend category. The one year return for all United States etfs is notably lower than that of the firm.
Anfield One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Anfield Equity's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Anfield Equity could also be used in its relative valuation, which is a method of valuing Anfield Equity by comparing valuation metrics of similar companies.Anfield Equity is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for Anfield Equity
The fund invests 99.11% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Anfield Equity's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Anfield Fundamentals
| Beta | 1.01 | |||
| Total Asset | 107.59 M | |||
| One Year Return | 35.10 % | |||
| Three Year Return | 9.30 % | |||
| Net Asset | 107.59 M | |||
| Equity Positions Weight | 99.11 % |
About Anfield Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Anfield Equity Sector's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Anfield Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Anfield Equity Sector based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Anfield Equity
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Anfield Equity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Anfield Equity will appreciate offsetting losses from the drop in the long position's value.Moving together with Anfield Etf
| 0.99 | VTI | Vanguard Total Stock | PairCorr |
| 0.99 | SPY | SPDR SP 500 | PairCorr |
| 0.99 | IVV | iShares Core SP | PairCorr |
| 0.93 | VIG | Vanguard Dividend | PairCorr |
| 0.99 | VV | Vanguard Large Cap | PairCorr |
Moving against Anfield Etf
The ability to find closely correlated positions to Anfield Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anfield Equity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Anfield Equity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Anfield Equity Sector to buy it.
The correlation of Anfield Equity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Anfield Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anfield Equity Sector moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Anfield Equity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Anfield Equity Piotroski F Score and Anfield Equity Altman Z Score analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Anfield Equity Sector is measured differently than its book value, which is the value of Anfield that is recorded on the company's balance sheet. Investors also form their own opinion of Anfield Equity's value that differs from its market value or its book value, called intrinsic value, which is Anfield Equity'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 Anfield Equity's market value can be influenced by many factors that don't directly affect Anfield Equity'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 Anfield Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anfield Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anfield Equity'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.