Psmb Etf Beta
| PSMB Etf | USD 14.79 0.00 0.00% |
PSMB fundamentals help investors to digest information that contributes to PSMB's financial success or failures. It also enables traders to predict the movement of PSMB Etf. The fundamental analysis module provides a way to measure PSMB'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 PSMB etf.
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PSMB ETF Beta Analysis
PSMB's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, PSMB has a Beta of 0.0. This indicator is about the same for the Invesco average (which is currently at 0.0) family and about the same as Allocation--50% to 70% 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).
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Fund Asset Allocation for PSMB
The fund invests 59.01% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (2.81%) and various exotic instruments.Asset allocation divides PSMB'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.
PSMB Fundamentals
| Number Of Employees | 517 | |||
| Total Asset | 35.61 M | |||
| One Year Return | (14.28) % | |||
| Three Year Return | 3.66 % | |||
| Five Year Return | 4.68 % | |||
| Net Asset | 35.61 M | |||
| Last Dividend Paid | 0.058 | |||
| Equity Positions Weight | 59.01 % | |||
| Bond Positions Weight | 2.81 % |
About PSMB Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PSMB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PSMB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PSMB 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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Check out Your Equity Center 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 population. 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 PSMB is measured differently than its book value, which is the value of PSMB that is recorded on the company's balance sheet. Investors also form their own opinion of PSMB's value that differs from its market value or its book value, called intrinsic value, which is PSMB'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 PSMB's market value can be influenced by many factors that don't directly affect PSMB'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 PSMB's value and its price as these two are different measures arrived at by different means. Investors typically determine if PSMB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PSMB'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.