Exchange Traded Concepts Etf Current Valuation
Valuation analysis of Exchange Traded Concepts helps investors to measure Exchange Traded's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Exchange Traded Concepts ETF Current Valuation Analysis
Exchange Traded's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Exchange Traded Current Valuation | 285.92 M |
Most of Exchange Traded's fundamental indicators, such as Current Valuation, 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, Exchange Traded Concepts is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Exchange Traded Concepts has a Current Valuation of 285.92 M. This is much higher than that of the Genlith family and significantly higher than that of the Miscellaneous Sector category. The current valuation for all United States etfs is notably lower than that of the firm.
Exchange Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Exchange Traded's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Exchange Traded could also be used in its relative valuation, which is a method of valuing Exchange Traded by comparing valuation metrics of similar companies.Exchange Traded is second largest ETF in current valuation as compared to similar ETFs.
Fund Asset Allocation for Exchange Traded
The fund invests 99.68% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Exchange Traded'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.
Exchange Fundamentals
| Return On Equity | -0.074 | |||
| Return On Asset | -0.034 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 285.92 M | |||
| Shares Outstanding | 40.08 M | |||
| Price To Earning | (13.36) X | |||
| Price To Book | 1.06 X | |||
| Price To Sales | 0.40 X | |||
| Revenue | 675.8 M | |||
| Gross Profit | 225.72 M | |||
| EBITDA | 18.64 M | |||
| Net Income | (16.59 M) | |||
| Cash And Equivalents | 22.06 M | |||
| Cash Per Share | 0.66 X | |||
| Total Debt | 14.28 M | |||
| Debt To Equity | 0.83 % | |||
| Current Ratio | 1.73 X | |||
| Book Value Per Share | 6.27 X | |||
| Cash Flow From Operations | 43.05 M | |||
| Earnings Per Share | (0.23) X | |||
| Beta | 1.42 | |||
| Market Capitalization | 267.76 M | |||
| Total Asset | 6.28 M | |||
| Retained Earnings | 293.04 M | |||
| Working Capital | 84.52 M | |||
| Current Asset | 200.87 M | |||
| Current Liabilities | 116.35 M | |||
| One Year Return | (18.52) % | |||
| Net Asset | 6.28 M | |||
| Equity Positions Weight | 99.68 % |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Tools for Exchange Etf
When running Exchange Traded's price analysis, check to measure Exchange Traded's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exchange Traded is operating at the current time. Most of Exchange Traded's value examination focuses on studying past and present price action to predict the probability of Exchange Traded's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exchange Traded's price. Additionally, you may evaluate how the addition of Exchange Traded to your portfolios can decrease your overall portfolio volatility.
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