Inspire International Beta vs. Five Year Return
| WWJD Etf | USD 30.12 0.01 0.03% |
For Inspire International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Inspire International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Inspire International ESG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Inspire International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Inspire International ESG over time as well as its relative position and ranking within its peers.
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The market value of Inspire International ESG is measured differently than its book value, which is the value of Inspire that is recorded on the company's balance sheet. Investors also form their own opinion of Inspire International's value that differs from its market value or its book value, called intrinsic value, which is Inspire International'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 Inspire International's market value can be influenced by many factors that don't directly affect Inspire International'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 Inspire International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspire International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspire International'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.
Inspire International ESG Five Year Return vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Inspire International's current stock value. Our valuation model uses many indicators to compare Inspire International value to that of its competitors to determine the firm's financial worth. Inspire International ESG is rated first in beta as compared to similar ETFs. It is rated first in five year return as compared to similar ETFs reporting about 6.23 of Five Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Inspire International by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Inspire Five Year Return vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Inspire International |
| = | 1.06 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Inspire International |
| = | 6.60 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Inspire Five Year Return Comparison
Inspire International is currently under evaluation in five year return as compared to similar ETFs.
Beta Analysis
Inspire International returns are very sensitive to returns on the market. As the market goes up or down, Inspire International is expected to follow.
Inspire International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Inspire International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Inspire International will eventually generate negative long term returns. The profitability progress is the general direction of Inspire International's change in net profit over the period of time. It can combine multiple indicators of Inspire International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund generally invests at least 80 percent of its total assets in the component securities of the Inspire Global Hope ex-US Index. Inspire International is traded on NYSEARCA Exchange in the United States.
Inspire Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Inspire International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Inspire International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Inspire International's important profitability drivers and their relationship over time.
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| Equity Positions Weight vs Five Year Return |
Use Inspire International in pair-trading
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 Inspire International 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 Inspire International will appreciate offsetting losses from the drop in the long position's value.Inspire International Pair Trading
Inspire International ESG Pair Trading Analysis
The ability to find closely correlated positions to Inspire International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inspire International 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 Inspire International - 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 Inspire International ESG to buy it.
The correlation of Inspire International 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 Inspire International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inspire International ESG 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 Inspire International 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.Use Investing Themes to Complement your Inspire International position
In addition to having Inspire International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Treasury ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Treasury ETFs theme has 113 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Treasury ETFs Theme or any other thematic opportunities.
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Check out Your Current Watchlist. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Inspire International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Inspire International ESG at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Inspire International's income statement, its balance sheet, and the statement of cash flows.