Wahed Dow Financials
| UMMA Etf | USD 24.40 0.29 1.20% |
Net Expense Ratio 0.0065 |
Wahed |
The data published in Wahed Dow's official financial statements typically reflect Wahed Dow'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 Dow's quantitative information. For example, before you start analyzing numbers published by Wahed accountants, it's essential to understand Wahed Dow's liquidity, profitability, and earnings quality within the context of the Wahed Invest space in which it operates.
Please note, the presentation of Wahed Dow'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, Wahed Dow's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Wahed Dow's management manipulating its earnings.
Wahed Dow Etf Summary
Wahed Dow competes with BrandywineGLOBAL, First Trust, Invesco NASDAQ, Burney Factor, and VanEck Green. The fund is an actively-managed exchange-traded fund that seeks to invests in equity securities of global companies the characteristics of which meet the requirements of Shariah and are consistent with Islamic principles as interpreted by subject-matter experts . Wahed Dow is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US53656F2680 |
| CUSIP | 53656F268 |
| Region | Global ex-U.S. |
| 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 Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wahed Dow's current stock value. Our valuation model uses many indicators to compare Wahed Dow value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wahed Dow competition to find correlations between indicators driving Wahed Dow's intrinsic value. More Info.Wahed Dow Jones is rated first in one year return as compared to similar ETFs. It is rated first in net asset as compared to similar ETFs making up about 1,957,895 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 Wahed Dow's earnings, one of the primary drivers of an investment's value.Wahed Dow Jones Systematic Risk
Wahed Dow's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wahed Dow 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 twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Wahed Dow Jones correlated with the market. If Beta is less than 0 Wahed Dow generally moves in the opposite direction as compared to the market. If Wahed Dow Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wahed Dow Jones is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wahed Dow is generally in the same direction as the market. If Beta > 1 Wahed Dow moves generally in the same direction as, but more than the movement of the benchmark.
About Wahed Dow Financials
What exactly are Wahed Dow 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 Wahed Dow's income statement, its balance sheet, and the statement of cash flows. Potential Wahed Dow investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Wahed Dow investors may use each financial statement separately, they are all related. The changes in Wahed Dow's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wahed Dow'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.Wahed Dow Thematic Clasifications
Wahed Dow Jones is part of several thematic ideas from Theme 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 IdeasWahed Dow December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Wahed Dow help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wahed Dow Jones. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wahed Dow Jones 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 Dow's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 5.34 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.93 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Wahed Dow Jones. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Wahed Dow Jones 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 Dow's value that differs from its market value or its book value, called intrinsic value, which is Wahed Dow'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 Dow's market value can be influenced by many factors that don't directly affect Wahed Dow'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 Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wahed Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wahed Dow'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.