Formidable Fortress Etf Analysis

Formidable Etf Analysis Notes

Formidable Fortress is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Commonwealth Fund Services, Inc.. The fund has 53 constituents across multiple sectors and instustries. The fund charges 0.89 percent management fee with a total expences of 0.89 percent of total asset. The fund maintains all of assets in stocks. Under normal market conditions, the fund seeks to meet its investment objective by investing in large- and mid-cap equity securities, including common stocks, related depository receipts, real estate investment trusts , and other equity investments or ownership interests in business enterprises. Opportunities Formidable is traded on NYSEARCA Exchange in the United States. To find out more about Formidable Fortress ETF contact the company at NA or learn more at http://www.kongzhong.com.

Sector Exposure

Formidable Fortress ETF Investment Alerts

Formidable Fortress Thematic Classifications

Formidable Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 398.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Formidable Fortress's market, we take the total number of its shares issued and multiply it by Formidable Fortress's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Formidable Fortress ETF invests in 25 different instruments across multiple market segments that include assets with varying market capitalizations.

Formidable Profitablity

The company has Profit Margin (PM) of 13.49 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 11.61 %, which suggests for every 100 dollars of sales, it generated a net operating income of $11.61.

Management Efficiency

Formidable Fortress ETF has return on total asset (ROA) of 3.17 % which means that it generated a profit of $3.17 on every $100 spent on assets. This is normal as compared to the sector avarege. Formidable Fortress' management efficiency ratios could be used to measure how well Formidable Fortress manages its routine affairs as well as how well it operates its assets and liabilities.

Top Formidable Fortress ETF Etf Constituents

Technical Drivers

As of the 25th of March, Formidable Fortress shows the Standard Deviation of 0.6855, mean deviation of 0.5283, and Variance of 0.4699. Formidable Fortress ETF technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm Formidable Fortress ETF market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Formidable Fortress ETF is priced favorably, providing market reflects its regular price of 28.29 per share.

Formidable Fortress ETF Price Movement Analysis

Formidable Fortress Outstanding Bonds

Formidable Fortress Predictive Daily Indicators

Formidable Fortress Forecast Models

Formidable Fortress' time-series forecasting models are one of many Formidable Fortress' etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Formidable Fortress' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Etf analysis is the technique used by a trader or investor to examine and evaluate how Formidable Fortress prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Formidable shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Formidable Fortress. By using and applying Formidable Etf analysis, traders can create a robust methodology for identifying Formidable entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Formidable Fortress ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

The market value of Formidable Fortress ETF is measured differently than its book value, which is the value of Formidable that is recorded on the company's balance sheet. Investors also form their own opinion of Formidable Fortress' value that differs from its market value or its book value, called intrinsic value, which is Formidable Fortress' 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 Formidable Fortress' market value can be influenced by many factors that don't directly affect Formidable Fortress' 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 Formidable Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if Formidable Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formidable Fortress' 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.