Why it might be time to put the QFN ETF to your watchlist - Best ETFs
QFN Etf | 17.13 0.14 0.82% |
Slightly above 51% of Beta Shares' investor base is interested to short. The current sentiment regarding investing in Beta Shares SPASX etf implies that many traders are impartial. Beta Shares' investing sentiment can be driven by a variety of factors including economic data, Beta Shares' earnings reports, geopolitical events, and overall market trends.
Beta |
Why it might be time to put the QFN ETF to your watchlist Best ETFs
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Beta Shares Fundamental Analysis
We analyze Beta Shares' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Beta Shares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Beta Shares 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.
One Year Return
One Year Return Comparative Analysis
Beta Shares is currently under evaluation in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Beta Shares SPASX 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 Beta Shares etf to make a market-neutral strategy. Peer analysis of Beta Shares could also be used in its relative valuation, which is a method of valuing Beta Shares by comparing valuation metrics with similar companies.
Peers
Beta Shares Related Equities
QUAL | VanEck Vectors | 1.29 | ||||
WXOZ | SPDR SP | 0.98 | ||||
VGS | Vanguard MSCI | 0.93 | ||||
MOAT | VanEck Morningstar | 0.85 | ||||
SPY | SPDR SP | 0.82 | ||||
IVV | IShares Core | 0.78 | ||||
IJR | IShares Core | 0.75 | ||||
VTS | Vanguard Total | 0.74 | ||||
IXI | IShares Global | 0.57 | ||||
IJH | IShares CoreSP | 0.21 |
Other Information on Investing in Beta Etf
Beta Shares financial ratios help investors to determine whether Beta 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 Beta with respect to the benefits of owning Beta Shares security.