ALPS Financial Statements From 2010 to 2024
HVAL Etf | USD 24.44 0.00 0.00% |
Check ALPS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ALPS's main balance sheet or income statement drivers, such as , as well as many indicators such as . ALPS financial statements analysis is a perfect complement when working with ALPS Valuation or Volatility modules.
ALPS |
ALPS ETF One Year Return Analysis
ALPS's 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.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current ALPS One Year Return | (16.30) % |
Most of ALPS's fundamental indicators, such as One Year Return, 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, ALPS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the recorded statements, ALPS has an One Year Return of -16.3%. This is 268.39% lower than that of the ALPS family and significantly lower than that of the Large Value category. The one year return for all United States etfs is notably higher than that of the company.
About ALPS Financial Statements
ALPS investors utilize fundamental indicators, such as revenue or net income, to predict how ALPS Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
In seeking to achieve its objective, the fund will invest primarily in common stocks of U.S. companies that Hillman Capital Management, Inc., the funds sub-adviser, believes have competitive advantages and have temporarily fallen out of favor for reasons that are considered non-recurring or short-term whose value is not currently well known or whose value is not fully recognized by the public. Alps Hillman is traded on NYSEARCA Exchange in the United States.
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The market value of ALPS is measured differently than its book value, which is the value of ALPS that is recorded on the company's balance sheet. Investors also form their own opinion of ALPS's value that differs from its market value or its book value, called intrinsic value, which is ALPS'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 ALPS's market value can be influenced by many factors that don't directly affect ALPS'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 ALPS's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALPS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALPS'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.