Xbtf Etf One Year Return
| XBTF Etf | USD 28.53 0.17 0.59% |
XBTF fundamentals help investors to digest information that contributes to XBTF's financial success or failures. It also enables traders to predict the movement of XBTF Etf. The fundamental analysis module provides a way to measure XBTF'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 XBTF etf.
XBTF |
XBTF ETF One Year Return Analysis
XBTF's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current XBTF One Year Return | 58.70 % |
Most of XBTF's fundamental indicators, such as One Year Return, 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, XBTF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, XBTF has an One Year Return of 58%. This is 1228.85% lower than that of the VanEck family and significantly higher than that of the Digital Assets category. The one year return for all United States etfs is notably lower than that of the firm.
XBTF One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses XBTF's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of XBTF could also be used in its relative valuation, which is a method of valuing XBTF by comparing valuation metrics of similar companies.XBTF is currently under evaluation in one year return as compared to similar ETFs.
XBTF Fundamentals
| Total Asset | 21.92 M | |||
| One Year Return | 58.70 % | |||
| Net Asset | 21.92 M |
About XBTF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze XBTF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of XBTF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of XBTF 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.
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When determining whether XBTF is a strong investment it is important to analyze XBTF's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact XBTF's future performance. For an informed investment choice regarding XBTF Etf, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of XBTF is measured differently than its book value, which is the value of XBTF that is recorded on the company's balance sheet. Investors also form their own opinion of XBTF's value that differs from its market value or its book value, called intrinsic value, which is XBTF'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 XBTF's market value can be influenced by many factors that don't directly affect XBTF'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 XBTF's value and its price as these two are different measures arrived at by different means. Investors typically determine if XBTF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XBTF'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.