Guinness Atkinson Financial Statements From 2010 to 2024
| MRAD Etf | USD 15.38 0.00 0.00% |
Check Guinness Atkinson financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guinness Atkinson's main balance sheet or income statement drivers, such as , as well as many indicators such as . Guinness financial statements analysis is a perfect complement when working with Guinness Atkinson Valuation or Volatility modules.
Guinness |
Guinness Atkinson Asset ETF Beta Analysis
Guinness Atkinson'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 Guinness Atkinson Beta | 1.25 |
Most of Guinness Atkinson'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, Guinness Atkinson Asset 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, Guinness Atkinson Asset has a Beta of 1.25. This is much higher than that of the Guinness Atkinson family and significantly higher than that of the Communications category. The beta for all United States etfs is notably lower than that of the firm.
About Guinness Atkinson Financial Statements
Guinness Atkinson stakeholders use historical fundamental indicators, such as Guinness Atkinson's revenue or net income, to determine how well the company is positioned to perform in the future. Although Guinness Atkinson investors may analyze each financial statement separately, they are all interrelated. For example, changes in Guinness Atkinson's assets and liabilities are reflected in the revenues and expenses on Guinness Atkinson's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Guinness Atkinson Asset. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in publicly-traded equity securities of domestic or foreign companies across multiple sectors that the Adviser considers to be Advertising or Marketing Technology companies, which are companies that have significant exposure to the development, production or deployment of advertising or marketing services, especially in ways that are related to digital media or in ways that make advertising or marketing activities more tailored or efficient in reaching a specific demographic. Smartetfs Advertising is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Guinness Atkinson Asset is a strong investment it is important to analyze Guinness Atkinson's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Guinness Atkinson's future performance. For an informed investment choice regarding Guinness Etf, refer to the following important reports:Check out Correlation Analysis 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 nation. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Guinness Atkinson Asset is measured differently than its book value, which is the value of Guinness that is recorded on the company's balance sheet. Investors also form their own opinion of Guinness Atkinson's value that differs from its market value or its book value, called intrinsic value, which is Guinness Atkinson'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 Guinness Atkinson's market value can be influenced by many factors that don't directly affect Guinness Atkinson'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 Guinness Atkinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guinness Atkinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guinness Atkinson'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.