Robo Global Financials
| HTEC Etf | USD 30.00 0.47 1.59% |
Net Expense Ratio 0.0068 | 3 y Sharp Ratio (0.77) |
Robo |
The data published in Robo Global's official financial statements typically reflect Robo Global'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 Robo Global's quantitative information. For example, before you start analyzing numbers published by Robo accountants, it's essential to understand Robo Global's liquidity, profitability, and earnings quality within the context of the Robo Global space in which it operates.
Please note, the presentation of Robo Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Robo Global's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Robo Global's management manipulating its earnings.
Robo Global Etf Summary
Robo Global competes with Robo Global, Global X, IShares Genomics, and Innovator Loup. The fund will normally invest at least 80 percent of its total assets in securities of the index or in depositary receipts representing securities of the index. Robo Global is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US3015057231 |
| CUSIP | 301505723 |
| Region | Global |
| Investment Issuer | Exchange Traded Concepts |
| Location | Oklahoma; U.S.A |
| Business Address | St Petersburg, FL |
| Etf Family | Robo Global |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Website | www.hydron.com |
| Phone | NA |
| Currency | USD - US Dollar |
Robo Global Key Financial Ratios
| Return On Asset | -8.82 | |||
| Beta | 1.24 |
Robo Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Robo Global's current stock value. Our valuation model uses many indicators to compare Robo Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Robo Global competition to find correlations between indicators driving Robo Global's intrinsic value. More Info.Robo Global Healthcare 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 14.03 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Robo Global's earnings, one of the primary drivers of an investment's value.Robo Global Healthcare Systematic Risk
Robo Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Robo Global 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Robo Global Healthcare correlated with the market. If Beta is less than 0 Robo Global generally moves in the opposite direction as compared to the market. If Robo Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Robo Global Healthcare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Robo Global is generally in the same direction as the market. If Beta > 1 Robo Global moves generally in the same direction as, but more than the movement of the benchmark.
About Robo Global Financials
What exactly are Robo Global Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Robo Global's income statement, its balance sheet, and the statement of cash flows. Potential Robo Global investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Robo Global investors may use each financial statement separately, they are all related. The changes in Robo Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Robo Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Robo Global Thematic Clasifications
Robo Global Healthcare 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 IdeasRobo Global November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Robo Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Robo Global Healthcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Robo Global Healthcare based on widely used predictive technical indicators. In general, we focus on analyzing Robo Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Robo Global's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.11 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 4.81 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.54 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Robo Global Healthcare. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Robo Global Healthcare is measured differently than its book value, which is the value of Robo that is recorded on the company's balance sheet. Investors also form their own opinion of Robo Global's value that differs from its market value or its book value, called intrinsic value, which is Robo Global'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 Robo Global's market value can be influenced by many factors that don't directly affect Robo Global'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 Robo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Robo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robo Global'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.