Robo Global Robotics Etf Bond Positions Weight
| ROBO Etf | USD 56.59 0.73 1.31% |
Robo Global Robotics fundamentals help investors to digest information that contributes to Robo Global's financial success or failures. It also enables traders to predict the movement of Robo Etf. The fundamental analysis module provides a way to measure Robo Global'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 Robo Global etf.
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Robo Global Robotics ETF Bond Positions Weight Analysis
Robo Global's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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In accordance with the recently published financial statements, Robo Global Robotics has a Bond Positions Weight of 0.0%. This indicator is about the same for the Robo Global average (which is currently at 0.0) family and about the same as Global Small/Mid Stock (which currently averages 0.0) category. The bond positions weight for all United States etfs is 100.0% higher than that of the company.
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Fund Asset Allocation for Robo Global
The fund invests 99.94% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Robo Global'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.
Robo Fundamentals
| Price To Earning | (367.59) X | |||
| Price To Book | 2.17 X | |||
| Price To Sales | 1.48 X | |||
| Earnings Per Share | (0.11) X | |||
| Number Of Employees | 18 | |||
| Beta | 1.42 | |||
| Market Capitalization | 942.06 M | |||
| Total Asset | 1.07 B | |||
| Three Year Return | (6.40) % | |||
| Five Year Return | 5.90 % | |||
| Ten Year Return | 8.20 % | |||
| Net Asset | 1.07 B | |||
| Last Dividend Paid | 0.16 | |||
| Equity Positions Weight | 99.94 % |
About Robo Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Robo Global Robotics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Robo Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Robo Global Robotics 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.
Pair Trading with Robo Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Robo Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Robo Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Robo Etf
Moving against Robo Etf
| 0.45 | PBD | Invesco Global Clean | PairCorr |
| 0.43 | GREI | Goldman Sachs Future | PairCorr |
| 0.38 | CTEC | Global X CleanTech | PairCorr |
| 0.32 | FORH | Formidable ETF | PairCorr |
The ability to find closely correlated positions to Robo Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Robo Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Robo Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Robo Global Robotics to buy it.
The correlation of Robo Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Robo Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Robo Global Robotics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Robo Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Robo Global Piotroski F Score and Robo Global Altman Z Score analysis. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Robo Global Robotics is measured differently than its book value, which is the value of Robo that is recorded on the company's balance sheet. Investors also form their own opinion of Robo Global's value that differs from its market value or its book value, called intrinsic value, which is Robo Global'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 Robo Global's market value can be influenced by many factors that don't directly affect Robo Global'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 Robo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Robo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robo Global'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.