CHII Financial Statements From 2010 to 2024
| CHII Etf | USD 12.24 0.01 0.08% |
Check CHII financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CHII's main balance sheet or income statement drivers, such as , as well as many indicators such as . CHII financial statements analysis is a perfect complement when working with CHII Valuation or Volatility modules.
CHII |
CHII ETF Beta Analysis
CHII's 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.
Current CHII Beta | 0.83 |
Most of CHII's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CHII is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionIn accordance with the recently published financial statements, CHII has a Beta of 0.83. This is much higher than that of the Global X Funds family and significantly higher than that of the China Region category. The beta for all United States etfs is notably lower than that of the firm.
CHII Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CHII's current stock value. Our valuation model uses many indicators to compare CHII value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CHII competition to find correlations between indicators driving CHII's intrinsic value. More Info.CHII is third largest ETF in price to earning as compared to similar ETFs. It is second largest ETF in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for CHII is roughly 11.59 . 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 CHII's earnings, one of the primary drivers of an investment's value.About CHII Financial Statements
Investors use fundamental indicators, such as CHII's revenue or net income, to determine how well the company is positioned to perform in the future. Although CHII's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
The fund invests at least 80 percent of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. Gx MSCI is traded on NYSEARCA Exchange in the United States.
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When determining whether CHII offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CHII's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chii Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Chii Etf:Check out Trending Equities 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 gross domestic product. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of CHII is measured differently than its book value, which is the value of CHII that is recorded on the company's balance sheet. Investors also form their own opinion of CHII's value that differs from its market value or its book value, called intrinsic value, which is CHII'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 CHII's market value can be influenced by many factors that don't directly affect CHII'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 CHII's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHII is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHII'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.