International Drawdown Financials
| IDME Etf | USD 21.14 0.11 0.52% |
Net Expense Ratio 0.0043 | 3 y Sharp Ratio (0.31) |
International |
The data published in International Drawdown's official financial statements typically reflect International Drawdown'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 International Drawdown's quantitative information. For example, before you start analyzing numbers published by International accountants, it's essential to understand International Drawdown's liquidity, profitability, and earnings quality within the context of the APTUS ETFs space in which it operates.
Please note, the presentation of International Drawdown'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, International Drawdown's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of International Drawdown's management manipulating its earnings.
International Drawdown Etf Summary
International Drawdown competes with FT Vest, Zillow Group, Northern Lights, and VanEck Vectors. The fund is an actively managed ETF that seeks to achieve its objective principally by investing in a portfolio of other ETFs that invest in equity securities of non-U.S. companies in developed and emerging markets throughout the world, while purchasing andor writing exchange-listed call or put options on one or more broad-based indexes or ETFs that track the performance of equity markets outside of the United States to limit downside risk, create additional equity exposure, andor generate premiums from writing call options on the funds equity investments. International Drawdown is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US26922B7091 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | APTUS ETFs |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
International Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining International Drawdown's current stock value. Our valuation model uses many indicators to compare International Drawdown value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across International Drawdown competition to find correlations between indicators driving International Drawdown's intrinsic value. More Info.International Drawdown Managed is rated below average in one year return as compared to similar ETFs. It is rated below average in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value International Drawdown 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.International Drawdown Systematic Risk
International Drawdown's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. International Drawdown 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on International Drawdown correlated with the market. If Beta is less than 0 International Drawdown generally moves in the opposite direction as compared to the market. If International Drawdown Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one International Drawdown is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of International Drawdown is generally in the same direction as the market. If Beta > 1 International Drawdown moves generally in the same direction as, but more than the movement of the benchmark.
About International Drawdown Financials
What exactly are International Drawdown 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 International Drawdown's income statement, its balance sheet, and the statement of cash flows. Potential International Drawdown investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although International Drawdown investors may use each financial statement separately, they are all related. The changes in International Drawdown's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on International Drawdown'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.International Drawdown December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of International Drawdown help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of International Drawdown Managed. We use our internally-developed statistical techniques to arrive at the intrinsic value of International Drawdown Managed based on widely used predictive technical indicators. In general, we focus on analyzing International Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build International Drawdown's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6824 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 3.67 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.4 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Drawdown Managed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of International Drawdown is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Drawdown's value that differs from its market value or its book value, called intrinsic value, which is International Drawdown'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 International Drawdown's market value can be influenced by many factors that don't directly affect International Drawdown'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 International Drawdown's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Drawdown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Drawdown'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.