Tsja Etf Three Year Return
TSJA fundamentals help investors to digest information that contributes to TSJA's financial success or failures. It also enables traders to predict the movement of TSJA Etf. The fundamental analysis module provides a way to measure TSJA'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 TSJA etf.
TSJA |
TSJA ETF Three Year Return Analysis
TSJA's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current TSJA Three Year Return | 4.50 % |
Most of TSJA's fundamental indicators, such as Three Year Return, 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, TSJA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
CompetitionBased on the latest financial disclosure, TSJA has a Three Year Return of 4.5%. This is much higher than that of the Innovator ETFs family and significantly higher than that of the Trading--Miscellaneous category. The three year return for all United States etfs is notably lower than that of the firm.
TSJA Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TSJA's direct or indirect competition against its Three 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 TSJA could also be used in its relative valuation, which is a method of valuing TSJA by comparing valuation metrics of similar companies.TSJA is currently under evaluation in three year return as compared to similar ETFs.
Fund Asset Allocation for TSJA
The fund invests 231.9% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides TSJA'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.
TSJA Fundamentals
| Beta | 23.78 | |||
| Total Asset | 7.19 M | |||
| One Year Return | 18.90 % | |||
| Three Year Return | 4.50 % | |||
| Net Asset | 7.19 M | |||
| Equity Positions Weight | 231.90 % |
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.Check out World Market Map 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 inflation. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Tools for TSJA Etf
When running TSJA's price analysis, check to measure TSJA's 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 TSJA is operating at the current time. Most of TSJA's value examination focuses on studying past and present price action to predict the probability of TSJA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TSJA's price. Additionally, you may evaluate how the addition of TSJA to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |