Ershares Private Public Crossover Etf Three Year Return
| XOVR Etf | USD 16.69 0.14 0.85% |
ERShares Private Public Crossover fundamentals help investors to digest information that contributes to ERShares Private's financial success or failures. It also enables traders to predict the movement of ERShares Etf. The fundamental analysis module provides a way to measure ERShares Private'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 ERShares Private etf.
ERShares |
ERShares Private Public Crossover ETF Three Year Return Analysis
ERShares Private'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 ERShares Private Three Year Return | 10.60 % |
Most of ERShares Private'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, ERShares Private Public Crossover 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.
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Based on the latest financial disclosure, ERShares Private Public Crossover has a Three Year Return of 10.6%. This is 13.33% lower than that of the SPDR State Street Global Advisors family and significantly higher than that of the Large Growth category. The three year return for all United States etfs is notably lower than that of the firm.
ERShares Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ERShares Private'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 ERShares Private could also be used in its relative valuation, which is a method of valuing ERShares Private by comparing valuation metrics of similar companies.ERShares Private is rated below average in three year return as compared to similar ETFs.
Fund Asset Allocation for ERShares Private
The fund consists of 95.47% investments in fixed income securities, with the rest of funds allocated in various types of exotic instruments.Asset allocation divides ERShares Private'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.
ERShares Fundamentals
| Beta | 1.27 | |||
| Annual Yield | 3.82 % | |||
| Year To Date Return | 2.02 % | |||
| One Year Return | 7.10 % | |||
| Three Year Return | 10.60 % | |||
| Five Year Return | 13.00 % | |||
| Net Asset | 44.8 M | |||
| Bond Positions Weight | 95.47 % |
About ERShares Private Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ERShares Private Public Crossover's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ERShares Private using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ERShares Private Public Crossover 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.
When determining whether ERShares Private Public is a strong investment it is important to analyze ERShares Private's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ERShares Private's future performance. For an informed investment choice regarding ERShares Etf, refer to the following important reports: Check out ERShares Private Piotroski F Score and ERShares Private Altman Z Score analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of ERShares Private Public is measured differently than its book value, which is the value of ERShares that is recorded on the company's balance sheet. Investors also form their own opinion of ERShares Private's value that differs from its market value or its book value, called intrinsic value, which is ERShares Private'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 ERShares Private's market value can be influenced by many factors that don't directly affect ERShares Private'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 ERShares Private's value and its price as these two are different measures arrived at by different means. Investors typically determine if ERShares Private is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERShares Private'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.