MOBOX Reaches 24-Hour Volume of 27.93 Million
| MBOX Etf | USD 32.60 0.11 0.34% |
Slightly above 62% of Freedom Day's investor base is looking to short. The current sentiment regarding investing in Freedom Day Dividend etf implies that many traders are alarmed. Freedom Day's investing sentiment can be driven by a variety of factors including economic data, Freedom Day's earnings reports, geopolitical events, and overall market trends.
Freedom |
MOBOX traded down 2.6 percent against the U.S. dollar during the 1 day period ending at 1000 AM ET on March 5th. Over the last week, MOBOX has traded up 22.6 percent against the U.S. dollar. MOBOX has a total market capitalization of 123.10 million and approximately 27.93 million worth of MOBOX was traded on exchanges
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Freedom Day Fundamental Analysis
We analyze Freedom Day's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freedom Day using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freedom Day 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
Freedom Day 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.
Freedom Day Dividend 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 Freedom Day etf to make a market-neutral strategy. Peer analysis of Freedom Day could also be used in its relative valuation, which is a method of valuing Freedom Day by comparing valuation metrics with similar companies.
Peers
Freedom Day Related Equities
| MBCC | Northern Lights | 1.95 | ||||
| LCG | Sterling Capital | 1.05 |
Check out Freedom Day Hype Analysis, Freedom Day Correlation and Freedom Day Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of Freedom Day Dividend is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Day's value that differs from its market value or its book value, called intrinsic value, which is Freedom Day'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 Freedom Day's market value can be influenced by many factors that don't directly affect Freedom Day'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 Freedom Day's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Day is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Day'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.