Etracs Daily Short Etf Net Asset
ETRACS Daily Short fundamentals help investors to digest information that contributes to ETRACS Daily'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 Daily'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 Daily etf.
ETRACS |
ETRACS Daily Short ETF Net Asset Analysis
ETRACS Daily's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current ETRACS Daily Net Asset | 12.73 M |
Most of ETRACS Daily's fundamental indicators, such as Net 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 Daily Short is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
CompetitionBased on the recorded statements, ETRACS Daily Short has a Net Asset of 12.73 M. This is 13.26% higher than that of the UBS AG family and significantly higher than that of the Volatility category. The net asset for all United States etfs is 99.44% higher than that of the company.
ETRACS Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETRACS Daily's direct or indirect competition against its Net 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 Daily could also be used in its relative valuation, which is a method of valuing ETRACS Daily by comparing valuation metrics of similar companies.ETRACS Daily is rated below average in net asset as compared to similar ETFs.
ETRACS Fundamentals
| Year To Date Return | 30.19 % | |||
| Net Asset | 12.73 M |
Also Currently Popular
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 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 real. 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.
Other Consideration for investing in ETRACS Etf
If you are still planning to invest in ETRACS Daily Short 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 Daily's history and understand the potential risks before investing.
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