ERShares Entrepreneurs Equity Positions Weight vs. Beta
| ENTRDelisted Etf | USD 15.47 0.05 0.32% |
For ERShares Entrepreneurs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ERShares Entrepreneurs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ERShares Entrepreneurs ETF utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ERShares Entrepreneurs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ERShares Entrepreneurs ETF over time as well as its relative position and ranking within its peers.
ERShares |
ERShares Entrepreneurs Beta vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ERShares Entrepreneurs's current stock value. Our valuation model uses many indicators to compare ERShares Entrepreneurs value to that of its competitors to determine the firm's financial worth. ERShares Entrepreneurs ETF is one of the top ETFs in equity positions weight as compared to similar ETFs. It also is one of the top ETFs in beta as compared to similar ETFs totaling about 0.01 of Beta per Equity Positions Weight. The ratio of Equity Positions Weight to Beta for ERShares Entrepreneurs ETF is roughly 72.62 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ERShares Entrepreneurs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ERShares Beta vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
ERShares Entrepreneurs |
| = | 90.77 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
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.
ERShares Entrepreneurs |
| = | 1.25 |
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.
ERShares Beta Comparison
ERShares Entrepreneurs is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ERShares Entrepreneurs will likely underperform.
ERShares Entrepreneurs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ERShares Entrepreneurs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ERShares Entrepreneurs will eventually generate negative long term returns. The profitability progress is the general direction of ERShares Entrepreneurs' change in net profit over the period of time. It can combine multiple indicators of ERShares Entrepreneurs, 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 invests primarily in equity securities of mid and large capitalization companies traded on the NASDAQ, the New York Stock Exchange or other major U.S. exchanges. Entrepreneur is traded on NYSEARCA Exchange in the United States.
ERShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ERShares Entrepreneurs. 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 ERShares Entrepreneurs 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 ERShares Entrepreneurs' important profitability drivers and their relationship over time.
Use ERShares Entrepreneurs in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ERShares Entrepreneurs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ERShares Entrepreneurs will appreciate offsetting losses from the drop in the long position's value.ERShares Entrepreneurs Pair Trading
ERShares Entrepreneurs ETF Pair Trading Analysis
The ability to find closely correlated positions to ERShares Entrepreneurs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ERShares Entrepreneurs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ERShares Entrepreneurs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ERShares Entrepreneurs ETF to buy it.
The correlation of ERShares Entrepreneurs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ERShares Entrepreneurs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ERShares Entrepreneurs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ERShares Entrepreneurs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ERShares Entrepreneurs position
In addition to having ERShares Entrepreneurs in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials Theme or any other thematic opportunities.
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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 estimate. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in ERShares Etf
If you are still planning to invest in ERShares Entrepreneurs check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ERShares Entrepreneurs' history and understand the potential risks before investing.
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