Syntax Net Asset vs. One Year Return
| SYUS Etf | USD 50.89 0.00 0.00% |
For Syntax profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Syntax to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Syntax utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Syntax's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Syntax over time as well as its relative position and ranking within its peers.
Syntax |
The market value of Syntax is measured differently than its book value, which is the value of Syntax that is recorded on the company's balance sheet. Investors also form their own opinion of Syntax's value that differs from its market value or its book value, called intrinsic value, which is Syntax'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 Syntax's market value can be influenced by many factors that don't directly affect Syntax'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 Syntax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Syntax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Syntax'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.
Syntax One Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Syntax's current stock value. Our valuation model uses many indicators to compare Syntax value to that of its competitors to determine the firm's financial worth. Syntax is presently regarded as number one ETF in net asset as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs . The ratio of Net Asset to One Year Return for Syntax is about 317,375 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Syntax 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.Syntax One Year Return 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.
Syntax |
| = | 8.22 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.
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.
Syntax |
| = | 25.90 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Syntax One Year Return Comparison
Syntax is currently under evaluation in one year return as compared to similar ETFs.
Syntax Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Syntax, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Syntax will eventually generate negative long term returns. The profitability progress is the general direction of Syntax's change in net profit over the period of time. It can combine multiple indicators of Syntax, 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 seeks Stratified-Weight exposure to the securities in the SP Composite 1500 Index through active investments in ETFs or underlying securities. Syntax Stratified is traded on NYSEARCA Exchange in the United States.
Syntax Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Syntax. 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 Syntax 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 Syntax's important profitability drivers and their relationship over time.
Use Syntax 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 Syntax 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 Syntax will appreciate offsetting losses from the drop in the long position's value.Syntax Pair Trading
Syntax Pair Trading Analysis
The ability to find closely correlated positions to Syntax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Syntax 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 Syntax - 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 Syntax to buy it.
The correlation of Syntax 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 Syntax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Syntax 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 Syntax 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 Syntax position
In addition to having Syntax 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 Agriculture ETFs Thematic Idea Now
Agriculture ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Agriculture ETFs theme has 12 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 Agriculture ETFs Theme or any other thematic opportunities.
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Check out World Market Map 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 employment. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
To fully project Syntax's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Syntax 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 Syntax's income statement, its balance sheet, and the statement of cash flows.