Insider Trading
| EXD Etf | USD 9.57 0.00 0.00% |
About 56% of EXD's investor base is looking to short. The current sentiment regarding investing in EXD etf implies that many traders are alarmed. The current market sentiment, together with EXD's historical and current headlines, can help investors time the market. In addition, many technical investors use EXD etf news signals to limit their universe of possible portfolio assets.
EXD etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of EXD daily returns and investor perception about the current price of EXD as well as its diversification or hedging effects on your existing portfolios.
EXD |
Filed transaction by EXD Officer. Insider Public Trading
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EXD Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards EXD can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
EXD Fundamental Analysis
We analyze EXD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EXD using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EXD 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
EXD 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.
EXD 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 EXD etf to make a market-neutral strategy. Peer analysis of EXD could also be used in its relative valuation, which is a method of valuing EXD by comparing valuation metrics with similar companies.
Peers
EXD Related Equities
| ETV | Eaton Vance | 0.90 | ||||
| ETJ | Eaton Vance | 0.64 | ||||
| ETW | Eaton Vance | 0.35 | ||||
| VKI | Invesco Advantage | 0.33 | ||||
| ETY | Eaton Vance | 0.33 | ||||
| VGM | Invesco Trust | 0.29 | ||||
| JCE | Nuveen Core | 0.25 | ||||
| MHD | Blackrock Muniholdings | 0.24 | ||||
| ETB | Eaton Vance | 0.20 | ||||
| MMU | Western Asset | 0.19 | ||||
| BTT | Blackrock Municipal | 0.19 | ||||
| NMCO | Nuveen Municipal | 0.18 | ||||
| SDHY | PGIM Short | 0.06 | ||||
| NZF | Nuveen Municipal | 0.08 | ||||
| BFZ | BlackRock California | 0.08 | ||||
| NUW | Nuveen Amt | 0.14 | ||||
| EXG | Eaton Vance | 0.35 | ||||
| EVN | Eaton Vance | 0.47 | ||||
| BHV | BlackRock Virginia | 0.53 | ||||
| KTF | DWS Municipal | 0.60 |
Check out Investing Opportunities 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 interest. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of EXD is measured differently than its book value, which is the value of EXD that is recorded on the company's balance sheet. Investors also form their own opinion of EXD's value that differs from its market value or its book value, called intrinsic value, which is EXD'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 EXD's market value can be influenced by many factors that don't directly affect EXD'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 EXD's value and its price as these two are different measures arrived at by different means. Investors typically determine if EXD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EXD'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.