MicroSectors FANG Beta vs. Five Year Return

FNGU Etf  USD 660.42  5.58  0.84%   
Considering the key profitability indicators obtained from MicroSectors FANG's historical financial statements, MicroSectors FANG Index may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess MicroSectors FANG's ability to earn profits and add value for shareholders.
For MicroSectors FANG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MicroSectors FANG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MicroSectors FANG Index utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MicroSectors FANG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MicroSectors FANG Index over time as well as its relative position and ranking within its peers.
  
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The market value of MicroSectors FANG Index is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG'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 MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG'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 MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG'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.

MicroSectors FANG Index Five Year Return vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining MicroSectors FANG's current stock value. Our valuation model uses many indicators to compare MicroSectors FANG value to that of its competitors to determine the firm's financial worth.
MicroSectors FANG Index is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in five year return as compared to similar ETFs reporting about  16.85  of Five Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value MicroSectors FANG 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.

MicroSectors Five Year Return vs. Beta

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.

MicroSectors FANG

Beta

 = 

Covariance

Variance

 = 
3.65
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.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

MicroSectors FANG

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
61.50 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

MicroSectors Five Year Return Comparison

MicroSectors FANG is currently under evaluation in five year return 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, MicroSectors FANG will likely underperform.

MicroSectors FANG Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in MicroSectors FANG, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MicroSectors FANG will eventually generate negative long term returns. The profitability progress is the general direction of MicroSectors FANG's change in net profit over the period of time. It can combine multiple indicators of MicroSectors FANG, 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 notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. Microsectors Fang is traded on NYSEARCA Exchange in the United States.

MicroSectors Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on MicroSectors FANG. 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 MicroSectors FANG 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 MicroSectors FANG's important profitability drivers and their relationship over time.

Use MicroSectors FANG 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 MicroSectors FANG 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 MicroSectors FANG will appreciate offsetting losses from the drop in the long position's value.

MicroSectors FANG Pair Trading

MicroSectors FANG Index Pair Trading Analysis

The ability to find closely correlated positions to MicroSectors FANG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MicroSectors FANG 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 MicroSectors FANG - 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 MicroSectors FANG Index to buy it.
The correlation of MicroSectors FANG 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 MicroSectors FANG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MicroSectors FANG Index 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 MicroSectors FANG 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your MicroSectors FANG position

In addition to having MicroSectors FANG 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.

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Run Impulse Thematic Idea Now

Impulse
Impulse Theme
Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 49 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 Impulse Theme or any other thematic opportunities.
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When determining whether MicroSectors FANG Index is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MicroSectors Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microsectors Fang Index Etf. Highlighted below are key reports to facilitate an investment decision about Microsectors Fang Index Etf:
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To fully project MicroSectors FANG's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MicroSectors FANG Index at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MicroSectors FANG's income statement, its balance sheet, and the statement of cash flows.
Potential MicroSectors FANG investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although MicroSectors FANG investors may work on each financial statement separately, they are all related. The changes in MicroSectors FANG's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MicroSectors FANG's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.