Microsectors Travel 3x Etf Equity Positions Weight
| FLYU Etf | USD 63.54 1.78 2.73% |
MicroSectors Travel 3X fundamentals help investors to digest information that contributes to MicroSectors Travel's financial success or failures. It also enables traders to predict the movement of MicroSectors Etf. The fundamental analysis module provides a way to measure MicroSectors Travel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MicroSectors Travel etf.
MicroSectors |
MicroSectors Travel 3X ETF Equity Positions Weight Analysis
MicroSectors Travel's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, MicroSectors Travel 3X has an Equity Positions Weight of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Trading--Leveraged Equity (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
MicroSectors Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MicroSectors Travel's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of MicroSectors Travel could also be used in its relative valuation, which is a method of valuing MicroSectors Travel by comparing valuation metrics of similar companies.MicroSectors Travel is currently under evaluation in equity positions weight as compared to similar ETFs.
About MicroSectors Travel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MicroSectors Travel 3X's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MicroSectors Travel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MicroSectors Travel 3X based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Check out MicroSectors Travel Piotroski F Score and MicroSectors Travel Altman Z Score analysis. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of MicroSectors Travel is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Travel's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Travel'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 MicroSectors Travel's market value can be influenced by many factors that don't directly affect MicroSectors Travel'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 MicroSectors Travel's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Travel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Travel'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.