Teucrium Soybean Etf Current Ratio
| SOYB Etf | USD 20.96 0.13 0.62% |
Teucrium Soybean fundamentals help investors to digest information that contributes to Teucrium Soybean's financial success or failures. It also enables traders to predict the movement of Teucrium Etf. The fundamental analysis module provides a way to measure Teucrium Soybean'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 Teucrium Soybean etf.
Teucrium |
Teucrium Soybean ETF Current Ratio Analysis
Teucrium Soybean's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Teucrium Soybean has a Current Ratio of 0.0 times. This indicator is about the same for the Teucrium average (which is currently at 0.0) family and about the same as Commodities Focused (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Did you try this?
Run Portfolio Backtesting Now
Portfolio BacktestingAvoid under-diversification and over-optimization by backtesting your portfolios |
| All Next | Launch Module |
Teucrium Fundamentals
| Beta | 0.77 | |||
| Total Asset | 67.24 M | |||
| One Year Return | (23.90) % | |||
| Three Year Return | (0.70) % | |||
| Five Year Return | 6.50 % | |||
| Ten Year Return | 0.00 % | |||
| Net Asset | 67.24 M |
About Teucrium Soybean Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Teucrium Soybean's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teucrium Soybean using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teucrium Soybean 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.
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.When determining whether Teucrium Soybean offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Teucrium Soybean's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Teucrium Soybean Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Teucrium Soybean Etf:Check out Teucrium Soybean Piotroski F Score and Teucrium Soybean Altman Z Score analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Teucrium Soybean is measured differently than its book value, which is the value of Teucrium that is recorded on the company's balance sheet. Investors also form their own opinion of Teucrium Soybean's value that differs from its market value or its book value, called intrinsic value, which is Teucrium Soybean'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 Teucrium Soybean's market value can be influenced by many factors that don't directly affect Teucrium Soybean'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 Teucrium Soybean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teucrium Soybean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teucrium Soybean'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.