Should you add these popular ASX ETFs to your portfolio now - The Motley Fool Australia
| ACDC Etf | 86.11 1.36 1.60% |
Slightly above 54% of ETFS Battery's private investors are presently thinking to get in. The current sentiment regarding investing in ETFS Battery Tech etf implies that some traders are interested. ETFS Battery's investing sentiment can be driven by a variety of factors including economic data, ETFS Battery's earnings reports, geopolitical events, and overall market trends.
ETFS |
Should you add these popular ASX ETFs to your portfolio now The Motley Fool Australia
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ETFS Battery Fundamental Analysis
We analyze ETFS Battery's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETFS Battery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETFS Battery 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.
Beta
Beta Comparative Analysis
ETFS Battery is currently under evaluation in beta as compared to similar ETFs. 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.
ETFS Battery Tech Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ETFS Battery etf to make a market-neutral strategy. Peer analysis of ETFS Battery could also be used in its relative valuation, which is a method of valuing ETFS Battery by comparing valuation metrics with similar companies.
Peers
ETFS Battery Related Equities
| MVR | VanEck Vectors | 2.30 | ||||
| MOAT | VanEck Morningstar | 0.08 | ||||
| GGUS | BetaShares Geared | 0.42 | ||||
| VTS | Vanguard Total | 0.65 |
Other Information on Investing in ETFS Etf
ETFS Battery financial ratios help investors to determine whether ETFS Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ETFS with respect to the benefits of owning ETFS Battery security.