Microsectors Fang Index Etf Cash Per Share
| FNGD Etf | USD 17.07 0.70 4.28% |
MicroSectors FANG Index fundamentals help investors to digest information that contributes to MicroSectors FANG's financial success or failures. It also enables traders to predict the movement of MicroSectors Etf. The fundamental analysis module provides a way to measure MicroSectors FANG'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 MicroSectors FANG etf.
MicroSectors |
MicroSectors FANG Index ETF Cash Per Share Analysis
MicroSectors FANG's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current MicroSectors FANG Cash Per Share | 295.80 X |
Most of MicroSectors FANG's fundamental indicators, such as Cash Per Share, 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, MicroSectors FANG Index is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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In accordance with the recently published financial statements, MicroSectors FANG Index has a Cash Per Share of 295 times. This is much higher than that of the BMO Capital Markets family and significantly higher than that of the Trading--Inverse Equity category. The cash per share for all United States etfs is notably lower than that of the firm.
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Fund Asset Allocation for MicroSectors FANG
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides MicroSectors FANG'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.
MicroSectors Fundamentals
| Return On Equity | 10.9 | |||
| Return On Asset | 0.66 | |||
| Profit Margin | 22.22 % | |||
| Operating Margin | 32.61 % | |||
| Shares Outstanding | 652.1 M | |||
| Price To Sales | 1.05 X | |||
| Revenue | 16.35 B | |||
| Gross Profit | 21.49 B | |||
| Net Income | 3.49 B | |||
| Cash And Equivalents | 189.5 B | |||
| Cash Per Share | 295.80 X | |||
| Total Debt | 99.79 B | |||
| Cash Flow From Operations | (9.31 B) | |||
| Number Of Employees | 45.2 K | |||
| Beta | -3.5 | |||
| Market Capitalization | 38.85 B | |||
| Total Asset | 183.6 M | |||
| One Year Return | (74.60) % | |||
| Three Year Return | (64.30) % | |||
| Five Year Return | (77.10) % | |||
| Net Asset | 183.6 M | |||
| Equity Positions Weight | 100.00 % |
About MicroSectors FANG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MicroSectors FANG Index's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MicroSectors FANG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MicroSectors FANG Index 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 MicroSectors FANG Index is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MicroSectors Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microsectors Fang Index Etf. Highlighted below are key reports to facilitate an investment decision about Microsectors Fang Index Etf:Check out MicroSectors FANG Piotroski F Score and MicroSectors FANG Altman Z Score analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of MicroSectors FANG Index is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG'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 MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG'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 MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG'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.