Should You Buy the Post-Earnings Dip in Uber With ETFs?
| BUYZ Etf | USD 39.07 0.07 0.18% |
Slightly above 56% of Franklin Disruptive's investor base is looking to short. The current sentiment regarding investing in Franklin Disruptive Commerce etf implies that many traders are alarmed. Franklin Disruptive's investing sentiment can be driven by a variety of factors including economic data, Franklin Disruptive's earnings reports, geopolitical events, and overall market trends.
Franklin |
Uber stock fell post reporting Q1 earnings as the company provided downbeat outlook. However, its peer company Lyft gained in share price post earnings.
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Franklin Disruptive Fundamental Analysis
We analyze Franklin Disruptive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Franklin Disruptive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Franklin Disruptive 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
Franklin Disruptive 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.
Franklin Disruptive 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 Franklin Disruptive etf to make a market-neutral strategy. Peer analysis of Franklin Disruptive could also be used in its relative valuation, which is a method of valuing Franklin Disruptive by comparing valuation metrics with similar companies.
Peers
Franklin Disruptive Related Equities
| GDOC | Goldman Sachs | 0.30 | ||||
| GREI | Goldman Sachs | 0.09 | ||||
| GINN | Goldman Sachs | 0.22 | ||||
| GTEK | Goldman Sachs | 1.02 |
Check out Franklin Disruptive Hype Analysis, Franklin Disruptive Correlation and Franklin Disruptive Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Franklin Disruptive is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Disruptive's value that differs from its market value or its book value, called intrinsic value, which is Franklin Disruptive'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 Franklin Disruptive's market value can be influenced by many factors that don't directly affect Franklin Disruptive'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 Franklin Disruptive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Disruptive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Disruptive'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.