ETF Opportunities Financials
| KDRN Etf | USD 23.70 0.08 0.34% |
Net Expense Ratio 0.0109 |
ETF |
The data published in ETF Opportunities' official financial statements typically reflect ETF Opportunities' 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 ETF Opportunities' quantitative information. For example, before you start analyzing numbers published by ETF accountants, it's essential to understand ETF Opportunities' liquidity, profitability, and earnings quality within the context of the Metals & Mining space in which it operates.
ETF Opportunities Etf Summary
ETF Opportunities competes with Janus Detroit, IndexIQ Active, PGIM ETF, JPMorgan Short, and John Hancock. The fund seeks to achieve its investment objective by investing in a combination of exchange-traded funds focusing on fixed-income investments and futures contracts on 10-year U.S. ETF Opportunities is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| CUSIP | 26923N702 |
| Region | Global |
| Investment Issuer | Kingsbarn Capital Management |
| Etf Family | Metals & Mining |
| Fund Category | Broad Debt |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ETF Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ETF Opportunities's current stock value. Our valuation model uses many indicators to compare ETF Opportunities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ETF Opportunities competition to find correlations between indicators driving ETF Opportunities's intrinsic value. More Info.ETF Opportunities Trust is considered the top ETF in one year return as compared to similar ETFs. It also is considered the top ETF in net asset as compared to similar ETFs making up about 147,222 of Net Asset per One Year Return. 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 ETF Opportunities' earnings, one of the primary drivers of an investment's value.ETF Opportunities Trust Systematic Risk
ETF Opportunities' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ETF Opportunities 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 ETF Opportunities Trust correlated with the market. If Beta is less than 0 ETF Opportunities generally moves in the opposite direction as compared to the market. If ETF Opportunities Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ETF Opportunities Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ETF Opportunities is generally in the same direction as the market. If Beta > 1 ETF Opportunities moves generally in the same direction as, but more than the movement of the benchmark.
ETF Opportunities Thematic Clasifications
ETF Opportunities Trust is part of several thematic ideas from Broad Debt ETFs to Strategy 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 IdeasETF Opportunities November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ETF Opportunities help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ETF Opportunities Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of ETF Opportunities Trust based on widely used predictive technical indicators. In general, we focus on analyzing ETF Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ETF Opportunities's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2594 | |||
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 2.06 | |||
| Value At Risk | (0.46) | |||
| Potential Upside | 0.3387 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ETF Opportunities Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of ETF Opportunities Trust is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Opportunities' value that differs from its market value or its book value, called intrinsic value, which is ETF Opportunities' 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 ETF Opportunities' market value can be influenced by many factors that don't directly affect ETF Opportunities' 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 ETF Opportunities' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Opportunities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Opportunities' 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.