Etf Managers Group Etf Cash And Equivalents
ETF Managers Group fundamentals help investors to digest information that contributes to ETF Managers' financial success or failures. It also enables traders to predict the movement of ETF Etf. The fundamental analysis module provides a way to measure ETF Managers' 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 ETF Managers etf.
ETF |
ETF Managers Group ETF Cash And Equivalents Analysis
ETF Managers' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, ETF Managers Group has 0.0 in Cash And Equivalents. This indicator is about the same for the ETFMG average (which is currently at 0.0) family and about the same as Trading--Leveraged Equity (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
ETF Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETF Managers' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ETF Managers could also be used in its relative valuation, which is a method of valuing ETF Managers by comparing valuation metrics of similar companies.ETF Managers is currently under evaluation in cash and equivalents as compared to similar ETFs.
ETF Fundamentals
| Total Asset | 570.68 K | |||
| One Year Return | (84.73) % | |||
| Net Asset | 570.68 K |
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Other Tools for ETF Etf
When running ETF Managers' price analysis, check to measure ETF Managers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ETF Managers is operating at the current time. Most of ETF Managers' value examination focuses on studying past and present price action to predict the probability of ETF Managers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ETF Managers' price. Additionally, you may evaluate how the addition of ETF Managers to your portfolios can decrease your overall portfolio volatility.
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