Etf Managers Group Etf Five Year Return
| MJXL Etf | USD 0.39 0.01 2.50% |
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 Five Year Return Analysis
ETF Managers' Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
CompetitionAccording to the company disclosure, ETF Managers Group has a Five Year Return of 0.0%. 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 Five Year Return 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 Five Year Return 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 five year return as compared to similar ETFs.
ETF Fundamentals
| Total Asset | 570.68 K | |||
| One Year Return | (84.73) % | |||
| Net Asset | 570.68 K |
About ETF Managers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETF Managers Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETF Managers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETF Managers Group 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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The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.