Junee Limited Ordinary Etf Working Capital

JUNE Etf  USD 3.72  0.58  13.49%   
Junee Limited Ordinary fundamentals help investors to digest information that contributes to Junee Limited's financial success or failures. It also enables traders to predict the movement of Junee Etf. The fundamental analysis module provides a way to measure Junee Limited'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 Junee Limited etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Junee Limited Ordinary ETF Working Capital Analysis

Junee Limited's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Junee Limited Working Capital

    
  6.91 M  
Most of Junee Limited's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Junee Limited Ordinary is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

According to the company's disclosures, Junee Limited Ordinary has a Working Capital of 6.91 M. This is much higher than that of the Diversified Consumer Services family and significantly higher than that of the Consumer Discretionary category. The working capital for all United States etfs is notably lower than that of the firm.

Junee Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Junee Limited's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Junee Limited could also be used in its relative valuation, which is a method of valuing Junee Limited by comparing valuation metrics of similar companies.
Junee Limited is rated third overall ETF in working capital as compared to similar ETFs.

Fund Asset Allocation for Junee Limited

The fund invests 99.85% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
Asset allocation divides Junee Limited's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Junee Fundamentals

About Junee Limited Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Junee Limited Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Junee Limited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Junee Limited Ordinary 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Junee Etf

Junee Limited financial ratios help investors to determine whether Junee Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Junee with respect to the benefits of owning Junee Limited security.