Strategy Shares Etf Beta
| SSFI Etf | USD 21.34 0.01 0.05% |
Strategy Shares fundamentals help investors to digest information that contributes to Strategy Shares' financial success or failures. It also enables traders to predict the movement of Strategy Etf. The fundamental analysis module provides a way to measure Strategy Shares' 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 Strategy Shares etf.
Strategy |
Strategy Shares ETF Beta Analysis
Strategy Shares' 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.
Current Strategy Shares Beta | 0.91 |
Most of Strategy Shares' fundamental indicators, such as Beta, 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, Strategy Shares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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In accordance with the recently published financial statements, Strategy Shares has a Beta of 0.91. This is much higher than that of the Day Hagan family and significantly higher than that of the Nontraditional Bond category. The beta for all United States etfs is notably lower than that of the firm.
Strategy Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Strategy Shares' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Strategy Shares could also be used in its relative valuation, which is a method of valuing Strategy Shares by comparing valuation metrics of similar companies.Strategy Shares is currently under evaluation in beta as compared to similar ETFs.
Strategy Shares returns are very sensitive to returns on the market. As the market goes up or down, Strategy Shares is expected to follow.
Strategy Fundamentals
| Beta | 0.91 | |||
| Total Asset | 20.5 M | |||
| One Year Return | 2.60 % | |||
| Three Year Return | (2.40) % | |||
| Net Asset | 20.5 M |
About Strategy Shares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Strategy Shares 's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Strategy Shares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Strategy Shares 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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When determining whether Strategy Shares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Strategy Shares' 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 Strategy Shares Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Strategy Shares Etf:Check out Strategy Shares Piotroski F Score and Strategy Shares Altman Z Score analysis. For more detail on how to invest in Strategy Etf please use our How to Invest in Strategy Shares guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of Strategy Shares is measured differently than its book value, which is the value of Strategy that is recorded on the company's balance sheet. Investors also form their own opinion of Strategy Shares' value that differs from its market value or its book value, called intrinsic value, which is Strategy Shares' 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 Strategy Shares' market value can be influenced by many factors that don't directly affect Strategy Shares' 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 Strategy Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategy Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategy Shares' 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.