Cabana Target Financials
| CLSM Etf | USD 21.91 0.14 0.64% |
Net Expense Ratio 0.0079 |
Cabana |
The data published in Cabana Target's official financial statements typically reflect Cabana Target's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Cabana Target's quantitative information. For example, before you start analyzing numbers published by Cabana accountants, it's essential to understand Cabana Target's liquidity, profitability, and earnings quality within the context of the Cabana space in which it operates.
Cabana Target Etf Summary
Cabana Target competes with IShares Core, ClearShares OCIO, Collaborative Investment, Northern Lights, and SPDR SSgA. The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective primarily by allocating its assets among ETFs that invest in securities of companies in the various sectors of the U.S. market communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities. Cabana Target is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US30151E6243 |
| CUSIP | 30151E624 |
| Region | Global |
| Investment Issuer | Exchange Traded Concepts |
| Etf Family | Cabana |
| Fund Category | Asset Allocation |
| Portfolio Concentration | Target Outcome |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Cabana Target Key Financial Ratios
Cabana Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cabana Target's current stock value. Our valuation model uses many indicators to compare Cabana Target value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cabana Target competition to find correlations between indicators driving Cabana Target's intrinsic value. More Info.Cabana Target Leading is fifth largest ETF in beta as compared to similar ETFs. It also is fifth largest ETF in one year return as compared to similar ETFs reporting about 20.17 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cabana Target by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Cabana Target Leading Systematic Risk
Cabana Target's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cabana Target volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Cabana Target Leading correlated with the market. If Beta is less than 0 Cabana Target generally moves in the opposite direction as compared to the market. If Cabana Target Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cabana Target Leading is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cabana Target is generally in the same direction as the market. If Beta > 1 Cabana Target moves generally in the same direction as, but more than the movement of the benchmark.
Cabana Target Thematic Clasifications
Cabana Target Leading is part of several thematic ideas from Target Outcome ETFs to Asset Allocation ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasCabana Target November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cabana Target help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cabana Target Leading. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cabana Target Leading based on widely used predictive technical indicators. In general, we focus on analyzing Cabana Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cabana Target's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7866 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.82 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 0.8899 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cabana Target Leading. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Cabana Target Leading is measured differently than its book value, which is the value of Cabana that is recorded on the company's balance sheet. Investors also form their own opinion of Cabana Target's value that differs from its market value or its book value, called intrinsic value, which is Cabana Target'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 Cabana Target's market value can be influenced by many factors that don't directly affect Cabana Target'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 Cabana Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cabana Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cabana Target'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.