AdvisorShares Restaurant Net Asset vs. Beta
| EATZ Etf | USD 27.94 0.06 0.21% |
For AdvisorShares Restaurant profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AdvisorShares Restaurant to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AdvisorShares Restaurant ETF utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AdvisorShares Restaurant's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AdvisorShares Restaurant ETF over time as well as its relative position and ranking within its peers.
AdvisorShares |
The market value of AdvisorShares Restaurant is measured differently than its book value, which is the value of AdvisorShares that is recorded on the company's balance sheet. Investors also form their own opinion of AdvisorShares Restaurant's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Restaurant'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 AdvisorShares Restaurant's market value can be influenced by many factors that don't directly affect AdvisorShares Restaurant'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 AdvisorShares Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Restaurant'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.
AdvisorShares Restaurant Beta vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AdvisorShares Restaurant's current stock value. Our valuation model uses many indicators to compare AdvisorShares Restaurant value to that of its competitors to determine the firm's financial worth. AdvisorShares Restaurant ETF is rated below average in net asset as compared to similar ETFs. It also is rated below average in beta as compared to similar ETFs . The ratio of Net Asset to Beta for AdvisorShares Restaurant ETF is about 2,438,596 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AdvisorShares Restaurant's earnings, one of the primary drivers of an investment's value.AdvisorShares Beta vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
AdvisorShares Restaurant |
| = | 2.78 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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.
AdvisorShares Restaurant |
| = | 1.14 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
AdvisorShares Beta Comparison
AdvisorShares Restaurant is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
AdvisorShares Restaurant returns are very sensitive to returns on the market. As the market goes up or down, AdvisorShares Restaurant is expected to follow.
AdvisorShares Restaurant Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AdvisorShares Restaurant, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AdvisorShares Restaurant will eventually generate negative long term returns. The profitability progress is the general direction of AdvisorShares Restaurant's change in net profit over the period of time. It can combine multiple indicators of AdvisorShares Restaurant, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in securities of companies that derive at least 50 percent of their net revenue from the restaurant business. AdvisorShares Restaurant is traded on NYSEARCA Exchange in the United States.
AdvisorShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AdvisorShares Restaurant. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of AdvisorShares Restaurant position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the AdvisorShares Restaurant's important profitability drivers and their relationship over time.