Ft Cboe Vest Etf Return On Asset
| XAPR Etf | 32.33 0.01 0.03% |
FT Cboe Vest fundamentals help investors to digest information that contributes to FT Cboe's financial success or failures. It also enables traders to predict the movement of XAPR Etf. The fundamental analysis module provides a way to measure FT Cboe'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 FT Cboe etf.
XAPR |
FT Cboe Vest ETF Return On Asset Analysis
FT Cboe's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, FT Cboe Vest has a Return On Asset of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Defined Outcome (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Did you try this?
Run Instant Ratings Now
Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
About FT Cboe Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FT Cboe Vest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FT Cboe using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FT Cboe Vest 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 FT Cboe
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 FT Cboe 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 FT Cboe will appreciate offsetting losses from the drop in the long position's value.Moving together with XAPR Etf
| 0.99 | BUFR | First Trust Cboe | PairCorr |
| 0.99 | BUFD | FT Cboe Vest | PairCorr |
| 0.99 | PSEP | Innovator SP 500 | PairCorr |
| 0.99 | PJAN | Innovator SP 500 | PairCorr |
Moving against XAPR Etf
The ability to find closely correlated positions to FT Cboe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FT Cboe 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 FT Cboe - 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 FT Cboe Vest to buy it.
The correlation of FT Cboe 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 FT Cboe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FT Cboe Vest 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 FT Cboe 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 FT Cboe Piotroski F Score and FT Cboe Altman Z Score analysis. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of FT Cboe Vest is measured differently than its book value, which is the value of XAPR that is recorded on the company's balance sheet. Investors also form their own opinion of FT Cboe's value that differs from its market value or its book value, called intrinsic value, which is FT Cboe'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 FT Cboe's market value can be influenced by many factors that don't directly affect FT Cboe'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 FT Cboe's value and its price as these two are different measures arrived at by different means. Investors typically determine if FT Cboe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FT Cboe'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.