Etfmg Etf Financials


USD 50.83  0.85  1.64%   

Financial data analysis helps to check if markets are presently mispricing Etfmg Prime Cyber. We were able to break down thirteen available fundamental indicators for Etfmg Prime Cyber, which can be compared to its rivals. Please use Etfmg Prime Cyber one year return, as well as the relationship between the net asset and bond positions weight to make a decision on whether Etfmg Prime is priced correctly. Use Etfmg Prime to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The etf experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Etfmg Prime to be traded at $49.31 in 90 days.
With this module, you can analyze Etfmg financials for your investing period. You should be able to track the changes in Etfmg Prime individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Etfmg Prime Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Etfmg Prime's financial statements are interrelated, with each one affecting the others. For example, an increase in Etfmg Prime's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 44
Etfmg Prime Cyber has less than 44 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Etfmg Prime etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Etfmg Prime's official financial statements usually reflect Etfmg Prime's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Etfmg Prime Cyber. For example, before you start analyzing numbers published by Etfmg accountants, it's critical to develop an understanding of what Etfmg Prime's liquidity, profitability, and earnings quality are in the context of the ETFMG space in which it operates.
Please note, the presentation of Etfmg Prime's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Etfmg Prime's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Etfmg Prime's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Etfmg Prime Cyber. Please utilize our Beneish M Score to check the likelihood of Etfmg Prime's management to manipulate its earnings.

Etfmg Prime Company Summary

Etfmg Prime competes with Disney. The index tracks the performance of the exchange-listed equity securities of companies across the globe that engage in providing cyber defense applications or services as a vital component of its overall business or provide hardware or software for cyber defense activities as a vital component of its overall business. ETFMG Prime is traded on NYSEArca Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNYSEArca Exchange
Investment IssuerETF Managers Group
Etf FamilyETFMG
Fund CategorySector
Portfolio ConcentrationTechnology
CurrencyUSD - US Dollar
You should never invest in Etfmg Prime without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Etfmg Etf, because this is throwing your money away. Analyzing the key information contained in Etfmg Prime's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Etfmg Prime Key Financial Ratios

Generally speaking, Etfmg Prime's financial ratios allow both analysts and investors to convert raw data from Etfmg Prime's financial statements into concise, actionable information that can be used to evaluate the performance of Etfmg Prime over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Etfmg Prime Cyber reports annually and quarterly.

Etfmg Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Etfmg Prime's current stock value. Our valuation model uses many indicators to compare Etfmg Prime value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Etfmg Prime competition to find correlations between indicators driving Etfmg Prime's intrinsic value. More Info.
Etfmg Prime Cyber is one of the top ETFs in bond positions weight as compared to similar ETFs. It is one of the top ETFs in equity positions weight as compared to similar ETFs making about  361.92  of Equity Positions Weight per Bond Positions Weight. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Etfmg Prime by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Etfmg Prime's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Etfmg Prime's earnings, one of the primary drivers of an investment's value.

Etfmg Prime Cyber Systematic Risk

Etfmg Prime's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Etfmg Prime volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Etfmg Prime Cyber correlated with the market. If Beta is less than 0 Etfmg Prime generally moves in the opposite direction as compared to the market. If Etfmg Prime Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Etfmg Prime Cyber is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Etfmg Prime is generally in the same direction as the market. If Beta > 1 Etfmg Prime moves generally in the same direction as, but more than the movement of the benchmark.

About Etfmg Prime Financials

What exactly are Etfmg Prime Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Etfmg Prime's income statement, its balance sheet, and the statement of cash flows. Potential Etfmg Prime investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Etfmg Prime investors may use each financial statement separately, they are all related. The changes in Etfmg Prime's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Etfmg Prime's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Etfmg Prime is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Etfmg grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Etfmg Prime August 17, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Etfmg Prime help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Etfmg Prime Cyber. We use our internally-developed statistical techniques to arrive at the intrinsic value of Etfmg Prime Cyber based on widely used predictive technical indicators. In general, we focus on analyzing Etfmg Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Etfmg Prime's daily price indicators and compare them against related drivers.
Downside Deviation2.1
Information Ratio0.0236
Maximum Drawdown8.15
Value At Risk(3.46)
Potential Upside3.25
Please check Risk vs Return Analysis. Note that the Etfmg Prime Cyber information on this page should be used as a complementary analysis to other Etfmg Prime's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Etfmg Prime Cyber price analysis, check to measure Etfmg Prime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Etfmg Prime is operating at the current time. Most of Etfmg Prime's value examination focuses on studying past and present price action to predict the probability of Etfmg Prime's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Etfmg Prime's price. Additionally, you may evaluate how the addition of Etfmg Prime to your portfolios can decrease your overall portfolio volatility.
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The market value of Etfmg Prime Cyber is measured differently than its book value, which is the value of Etfmg that is recorded on the company's balance sheet. Investors also form their own opinion of Etfmg Prime's value that differs from its market value or its book value, called intrinsic value, which is Etfmg Prime'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 Etfmg Prime's market value can be influenced by many factors that don't directly affect Etfmg Prime'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 Etfmg Prime's value and its price as these two are different measures arrived at by different means. Investors typically determine Etfmg Prime value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etfmg Prime'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.