Blng Etf Equity Positions Weight
| BLNG Etf | USD 10.24 0.01 0.1% |
BLNG fundamentals help investors to digest information that contributes to BLNG's financial success or failures. It also enables traders to predict the movement of BLNG Etf. The fundamental analysis module provides a way to measure BLNG'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 BLNG etf.
BLNG |
BLNG ETF Equity Positions Weight Analysis
BLNG's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
CompetitionAccording to the company disclosure, BLNG has an Equity Positions Weight of 0.0%. This indicator is about the same for the Capital Markets average (which is currently at 0.0) family and about the same as Financials (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
BLNG Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BLNG's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BLNG could also be used in its relative valuation, which is a method of valuing BLNG by comparing valuation metrics of similar companies.BLNG is currently under evaluation in equity positions weight as compared to similar ETFs.
BLNG Fundamentals
| Return On Asset | -0.0161 | |||
| Current Valuation | 86.47 M | |||
| Shares Outstanding | 4.6 M | |||
| Shares Owned By Insiders | 11.96 % | |||
| Shares Owned By Institutions | 91.52 % | |||
| Number Of Shares Shorted | 3.35 K | |||
| Price To Earning | 36.85 X | |||
| Price To Book | 1.34 X | |||
| EBITDA | (4.75 M) | |||
| Net Income | 2.99 M | |||
| Cash And Equivalents | 951.05 K | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 76.72 K | |||
| Debt To Equity | 3.20 % | |||
| Current Ratio | 4.92 X | |||
| Book Value Per Share | (0.75) X | |||
| Cash Flow From Operations | 9.21 M | |||
| Short Ratio | 0.43 X | |||
| Earnings Per Share | 0.08 X | |||
| Number Of Employees | 221 | |||
| Market Capitalization | 86.96 M | |||
| Total Asset | 52.32 M | |||
| Retained Earnings | (6.18 M) | |||
| Working Capital | (10.4 M) | |||
| One Year Return | 1.68 % | |||
| Three Year Return | 0.93 % | |||
| Five Year Return | (6.48) % | |||
| Net Asset | 52.32 M |
About BLNG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BLNG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BLNG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BLNG 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.
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Check out Trending Equities 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 board of governors. 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 BLNG is measured differently than its book value, which is the value of BLNG that is recorded on the company's balance sheet. Investors also form their own opinion of BLNG's value that differs from its market value or its book value, called intrinsic value, which is BLNG'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 BLNG's market value can be influenced by many factors that don't directly affect BLNG'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 BLNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if BLNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BLNG'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.