Exchange Traded Financial Statements From 2010 to 2024
| MTVR Etf | USD 17.55 0.00 0.00% |
Check Exchange Traded financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Exchange Traded's main balance sheet or income statement drivers, such as , as well as many indicators such as . Exchange financial statements analysis is a perfect complement when working with Exchange Traded Valuation or Volatility modules.
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Exchange Traded Concepts ETF Net Asset Analysis
Exchange Traded's 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.
Current Exchange Traded Net Asset | 6.26 M |
Most of Exchange Traded's fundamental indicators, such as Net Asset, 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, Exchange Traded Concepts is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the recorded statements, Exchange Traded Concepts has a Net Asset of 6.26 M. This is much higher than that of the Exchange Traded Concepts family and significantly higher than that of the Technology category. The net asset for all United States etfs is notably lower than that of the firm.
About Exchange Traded Financial Statements
Exchange Traded shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Exchange Traded investors may analyze each financial statement separately, they are all interrelated. The changes in Exchange Traded's assets and liabilities, for example, are also reflected in the revenues and expenses on on Exchange Traded's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The index was designed to measure the performance of companies that develop, manufacture, distribute, or sell products or services related to metaverse technology . Fount Metaverse is traded on NYSEARCA Exchange in the United States.
Pair Trading with Exchange Traded
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 Exchange Traded 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 Exchange Traded will appreciate offsetting losses from the drop in the long position's value.Moving together with Exchange Etf
| 0.76 | VGT | Vanguard Information | PairCorr |
| 0.67 | XLK | Technology Select Sector | PairCorr |
| 0.75 | IYW | iShares Technology ETF | PairCorr |
Moving against Exchange Etf
| 0.81 | BITI | ProShares Trust | PairCorr |
| 0.72 | HART | IQ Healthy Hearts | PairCorr |
| 0.72 | GREI | Goldman Sachs Future | PairCorr |
| 0.42 | PRME | Prime Medicine, Common | PairCorr |
| 0.37 | SOXX | iShares Semiconductor ETF | PairCorr |
The ability to find closely correlated positions to Exchange Traded could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exchange Traded 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 Exchange Traded - 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 Exchange Traded Concepts to buy it.
The correlation of Exchange Traded 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 Exchange Traded moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exchange Traded Concepts 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 Exchange Traded 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.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 real. 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 Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.