Wahed FTSE Financials
| HLAL Etf | USD 52.96 0.24 0.45% |
Net Expense Ratio 0.005 | 3 y Sharp Ratio 0.34 |
Wahed |
The data published in Wahed FTSE's official financial statements typically reflect Wahed FTSE'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 Wahed FTSE's quantitative information. For example, before you start analyzing numbers published by Wahed accountants, it's essential to understand Wahed FTSE's liquidity, profitability, and earnings quality within the context of the Wahed Invest space in which it operates.
Wahed FTSE Etf Summary
Wahed FTSE competes with SP Funds. The index is composed of common stocks of large- and mid-capitalization U.S. companies the characteristics of which meet the requirements of Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Wahed FTSE is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US53656F6079 |
| CUSIP | 53656F607 |
| Region | North America |
| Investment Issuer | Wahed Invest |
| Etf Family | Wahed Invest |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Wahed FTSE Key Financial Ratios
Wahed Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wahed FTSE's current stock value. Our valuation model uses many indicators to compare Wahed FTSE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wahed FTSE competition to find correlations between indicators driving Wahed FTSE's intrinsic value. More Info.Wahed FTSE USA is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 22.42 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Wahed FTSE 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.Wahed FTSE USA Systematic Risk
Wahed FTSE's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wahed FTSE 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Wahed FTSE USA correlated with the market. If Beta is less than 0 Wahed FTSE generally moves in the opposite direction as compared to the market. If Wahed FTSE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wahed FTSE USA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wahed FTSE is generally in the same direction as the market. If Beta > 1 Wahed FTSE moves generally in the same direction as, but more than the movement of the benchmark.
Wahed FTSE Thematic Clasifications
Wahed FTSE USA is part of several thematic ideas from Strategy ETFs to Theme 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 IdeasWahed FTSE November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Wahed FTSE help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wahed FTSE USA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wahed FTSE USA based on widely used predictive technical indicators. In general, we focus on analyzing Wahed Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wahed FTSE's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.01 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.88 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 0.9851 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Wahed FTSE USA. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Wahed FTSE USA is measured differently than its book value, which is the value of Wahed that is recorded on the company's balance sheet. Investors also form their own opinion of Wahed FTSE's value that differs from its market value or its book value, called intrinsic value, which is Wahed FTSE'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 Wahed FTSE's market value can be influenced by many factors that don't directly affect Wahed FTSE'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 Wahed FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wahed FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wahed FTSE'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.