Stance Equity Financials
| STNC Etf | USD 32.48 0.05 0.15% |
Net Expense Ratio 0.0085 | 3 y Sharp Ratio 0.07 |
Stance |
The data published in Stance Equity's official financial statements typically reflect Stance Equity'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 Stance Equity's quantitative information. For example, before you start analyzing numbers published by Stance accountants, it's essential to understand Stance Equity's liquidity, profitability, and earnings quality within the context of the Stance space in which it operates.
Please note, the presentation of Stance Equity'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, Stance Equity's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Stance Equity's management manipulating its earnings.
Stance Equity Etf Summary
Stance Equity competes with IShares ESG, Innovator Equity, IShares ESG, Innovator Equity, and Innovator Growth. The fund is an actively managed exchange-traded fund that will invest, under normal circumstances at least 80 percent of the value of its net assets in exchange-traded equity securities of U.S. large capitalization issuers that meet environmental, social, and governance standards, as determined by its sub-adviser. Stance Equity is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US42588P6925 |
| CUSIP | 42588P692 74933W759 |
| Region | North America |
| Investment Issuer | Hennessy Advisors |
| Etf Family | Stance |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Stance Equity Key Financial Ratios
Stance Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Stance Equity's current stock value. Our valuation model uses many indicators to compare Stance Equity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Stance Equity competition to find correlations between indicators driving Stance Equity's intrinsic value. More Info.Stance Equity ESG is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 25.28 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 Stance Equity's earnings, one of the primary drivers of an investment's value.Stance Equity ESG Systematic Risk
Stance Equity's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Stance Equity 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 Stance Equity ESG correlated with the market. If Beta is less than 0 Stance Equity generally moves in the opposite direction as compared to the market. If Stance Equity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Stance Equity ESG is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Stance Equity is generally in the same direction as the market. If Beta > 1 Stance Equity moves generally in the same direction as, but more than the movement of the benchmark.
About Stance Equity Financials
What exactly are Stance Equity 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 Stance Equity's income statement, its balance sheet, and the statement of cash flows. Potential Stance Equity investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Stance Equity investors may use each financial statement separately, they are all related. The changes in Stance Equity's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Stance Equity'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.Stance Equity Thematic Clasifications
Stance Equity ESG is part of several thematic ideas from Size And Style ETFs to Large Cap 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 IdeasStance Equity November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Stance Equity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Stance Equity ESG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Stance Equity ESG based on widely used predictive technical indicators. In general, we focus on analyzing Stance Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Stance Equity's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.768 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.47 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 1.28 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stance Equity ESG. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Stance Equity ESG is measured differently than its book value, which is the value of Stance that is recorded on the company's balance sheet. Investors also form their own opinion of Stance Equity's value that differs from its market value or its book value, called intrinsic value, which is Stance Equity'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 Stance Equity's market value can be influenced by many factors that don't directly affect Stance Equity'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 Stance Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stance Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stance Equity'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.