Wkly Etf Price To Book
WKLY fundamentals help investors to digest information that contributes to WKLY's financial success or failures. It also enables traders to predict the movement of WKLY Etf. The fundamental analysis module provides a way to measure WKLY'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 WKLY etf.
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WKLY ETF Price To Book Analysis
WKLY's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, WKLY has a Price To Book of 0.0 times. This indicator is about the same for the SoFi average (which is currently at 0.0) family and about the same as US Fund Global Large-Stock Value (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 WKLY
The fund invests 99.2% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides WKLY'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.
WKLY Fundamentals
| Total Asset | 8.15 M | |||
| One Year Return | 32.60 % | |||
| Net Asset | 8.15 M | |||
| Last Dividend Paid | 0.02 | |||
| Equity Positions Weight | 99.20 % |
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Other Tools for WKLY Etf
When running WKLY's price analysis, check to measure WKLY'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 WKLY is operating at the current time. Most of WKLY's value examination focuses on studying past and present price action to predict the probability of WKLY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WKLY's price. Additionally, you may evaluate how the addition of WKLY to your portfolios can decrease your overall portfolio volatility.
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