Etracs Bloomberg Commodity Etf Total Asset
| DJCBDelisted Etf | USD 20.60 0.00 0.00% |
ETRACS Bloomberg Commodity fundamentals help investors to digest information that contributes to ETRACS Bloomberg's financial success or failures. It also enables traders to predict the movement of ETRACS Etf. The fundamental analysis module provides a way to measure ETRACS Bloomberg'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 ETRACS Bloomberg etf.
ETRACS |
ETRACS Bloomberg Commodity ETF Total Asset Analysis
ETRACS Bloomberg's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current ETRACS Bloomberg Total Asset | 116.44 M |
Most of ETRACS Bloomberg's fundamental indicators, such as Total Asset, 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, ETRACS Bloomberg Commodity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
CompetitionBased on the latest financial disclosure, ETRACS Bloomberg Commodity has a Total Asset of 116.44 M. This is much higher than that of the UBS AG family and significantly higher than that of the Commodities Broad Basket category. The total asset for all United States etfs is notably lower than that of the firm.
ETRACS Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETRACS Bloomberg's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ETRACS Bloomberg could also be used in its relative valuation, which is a method of valuing ETRACS Bloomberg by comparing valuation metrics of similar companies.ETRACS Bloomberg is currently under evaluation in total asset as compared to similar ETFs.
ETRACS Fundamentals
| Beta | 1.06 | |||
| Total Asset | 116.44 M | |||
| One Year Return | 6.10 % | |||
| Three Year Return | 3.90 % | |||
| Five Year Return | 6.70 % | |||
| Net Asset | 116.44 M |
About ETRACS Bloomberg Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETRACS Bloomberg Commodity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETRACS Bloomberg using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETRACS Bloomberg Commodity 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.| BTC | Bitcoin | |
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| BNB | Binance Coin |
Check out Investing Opportunities 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 main economic indicators. 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.
Other Consideration for investing in ETRACS Etf
If you are still planning to invest in ETRACS Bloomberg Com check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ETRACS Bloomberg's history and understand the potential risks before investing.
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