Exchange Traded Concepts Etf Fundamentals
| CUBS Etf | USD 19.99 0.24 1.22% |
Exchange Traded Concepts fundamentals help investors to digest information that contributes to Exchange Traded's financial success or failures. It also enables traders to predict the movement of Exchange Etf. The fundamental analysis module provides a way to measure Exchange Traded'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 Exchange Traded etf.
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Exchange Traded Concepts ETF Beta Analysis
Exchange Traded'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.
Current Exchange Traded Beta | 0.81 |
Most of Exchange Traded's fundamental indicators, such as Beta, 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.
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.
CompetitionIn accordance with the recently published financial statements, Exchange Traded Concepts has a Beta of 0.81. This is much higher than that of the Exchange Traded Concepts family and significantly higher than that of the Pacific/Asia ex-Japan Stk category. The beta for all United States etfs is notably lower than that of the firm.
Exchange Traded Concepts Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Exchange Traded's current stock value. Our valuation model uses many indicators to compare Exchange Traded value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Exchange Traded competition to find correlations between indicators driving Exchange Traded's intrinsic value. More Info.Exchange Traded Concepts is third largest ETF in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Exchange Traded Concepts is roughly 11.50 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Exchange Traded 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.Exchange Beta 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 Beta 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 currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for Exchange Traded
The fund consists of 96.23% investments in stocks, with the rest of investments allocated between 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.
As returns on the market increase, Exchange Traded's returns are expected to increase less than the market. However, during the bear market, the loss of holding Exchange Traded is expected to be smaller as well.
Exchange Fundamentals
| Return On Equity | 8.59 | |||
| Return On Asset | 0.75 | |||
| Profit Margin | 22.64 % | |||
| Operating Margin | 38.76 % | |||
| Current Valuation | 3.32 B | |||
| Shares Outstanding | 30.73 M | |||
| Price To Earning | 13.00 X | |||
| Price To Book | 1.13 X | |||
| Price To Sales | 2.40 X | |||
| Revenue | 341.19 M | |||
| Gross Profit | 339.49 M | |||
| Net Income | 62.77 M | |||
| Cash And Equivalents | 229.02 M | |||
| Cash Per Share | 7.27 X | |||
| Total Debt | 2.76 B | |||
| Book Value Per Share | 22.30 X | |||
| Cash Flow From Operations | (114.68 M) | |||
| Earnings Per Share | 1.94 X | |||
| Number Of Employees | 765 | |||
| Beta | 0.81 | |||
| Market Capitalization | 817.29 M | |||
| Total Asset | 10.24 M | |||
| One Year Return | (28.33) % | |||
| Net Asset | 10.24 M | |||
| Equity Positions Weight | 96.23 % |
About Exchange Traded Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Exchange Traded Concepts's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Exchange Traded using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Exchange Traded Concepts 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.The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in securities of Asian issuers. Asian Growth is traded on NYSEARCA Exchange in the United States.
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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 bureau of labor statistics. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.