Burney Factor Rotation Etf Beta
| BRNY Etf | USD 40.12 1.03 2.63% |
Burney Factor Rotation fundamentals help investors to digest information that contributes to Burney Factor's financial success or failures. It also enables traders to predict the movement of Burney Etf. The fundamental analysis module provides a way to measure Burney Factor'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 Burney Factor etf.
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Burney Factor Rotation ETF Beta Analysis
Burney Factor's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Burney Factor Rotation has a Beta of 0.0. This indicator is about the same for the The Burney Company average (which is currently at 0.0) family and about the same as Mid-Cap Blend (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Burney Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Burney Factor's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Burney Factor could also be used in its relative valuation, which is a method of valuing Burney Factor by comparing valuation metrics of similar companies.Burney Factor is currently under evaluation in beta as compared to similar ETFs.
Burney Fundamentals
| Total Asset | 135.59 M | |||
| One Year Return | 13.70 % | |||
| Net Asset | 135.59 M |
About Burney Factor Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Burney Factor Rotation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Burney Factor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Burney Factor Rotation 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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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.When determining whether Burney Factor Rotation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Burney Factor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Burney Factor Rotation Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Burney Factor Rotation Etf:Check out Burney Factor Piotroski F Score and Burney Factor Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Burney Factor Rotation is measured differently than its book value, which is the value of Burney that is recorded on the company's balance sheet. Investors also form their own opinion of Burney Factor's value that differs from its market value or its book value, called intrinsic value, which is Burney Factor'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 Burney Factor's market value can be influenced by many factors that don't directly affect Burney Factor'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 Burney Factor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Burney Factor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Burney Factor'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.