Qtec First Etf Financials

QABA -  USA Etf  

USD 50.40  1.13  2.29%

Financial data analysis helps to confirm if markets are presently mispricing Qtec First Trust. We have analyzed thirteen available financial ratios for Qtec First Trust, which can be compared to its competitors. Please employ Qtec First Trust five year return, and the relationship between the one year return and net asset to make a decision on whether Qtec First is priced adequately. Use Qtec First to enhance the returns of your portfolios. The etf experiences an unexpected upward trend. Watch out for market signals. Check odds of Qtec First to be traded at $60.48 in 90 days.
With this module, you can analyze Qtec First financials for your investing period. You should be able to track the changes in Qtec First individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Qtec First Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Qtec First's financial statements are interrelated, with each one affecting the others. For example, an increase in Qtec First's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 39
Qtec First Trust has less than 39 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Qtec First 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 Qtec First's official financial statements usually reflect Qtec First'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 Qtec First Trust. For example, before you start analyzing numbers published by Qtec First accountants, it's critical to develop an understanding of what Qtec First's liquidity, profitability, and earnings quality are in the context of the First Trust space in which it operates.
Please note, the presentation of Qtec First'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, Qtec First's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Qtec First's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Qtec First Trust. Please utilize our Beneish M Score to check the likelihood of Qtec First's management to manipulate its earnings.

Qtec First Company Summary

Qtec First competes with Verizon Communications. The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Qtec First is traded on NYSEArca Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNYSEArca Exchange
RegionNorth America
Investment IssuerFirst Trust
Etf FamilyFirst Trust
Fund CategorySector
Portfolio ConcentrationFinancials
CurrencyUSD - US Dollar
You should never invest in Qtec First without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Qtec First Etf, because this is throwing your money away. Analyzing the key information contained in Qtec First's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Qtec First Key Financial Ratios

Generally speaking, Qtec First's financial ratios allow both analysts and investors to convert raw data from Qtec First's financial statements into concise, actionable information that can be used to evaluate the performance of Qtec First 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 Qtec First Trust reports annually and quarterly.

Qtec First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Qtec First's current stock value. Our valuation model uses many indicators to compare Qtec First value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Qtec First competition to find correlations between indicators driving Qtec First's intrinsic value. More Info.
Qtec First Trust is presently regarded as number one ETF in five year return as compared to similar ETFs. It is presently regarded as number one ETF in last dividend paid as compared to similar ETFs creating about  0.13  of Last Dividend Paid per Five Year Return. The ratio of Five Year Return to Last Dividend Paid for Qtec First Trust is roughly  7.87 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Qtec First by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Qtec First'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 Qtec First's earnings, one of the primary drivers of an investment's value.

Qtec First Trust Systematic Risk

Qtec First's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Qtec First 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Qtec First Trust correlated with the market. If Beta is less than 0 Qtec First generally moves in the opposite direction as compared to the market. If Qtec First Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Qtec First Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Qtec First is generally in the same direction as the market. If Beta > 1 Qtec First moves generally in the same direction as, but more than the movement of the benchmark.

About Qtec First Financials

What exactly are Qtec First 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 Qtec First's income statement, its balance sheet, and the statement of cash flows. Potential Qtec First investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Qtec First investors may use each financial statement separately, they are all related. The changes in Qtec First's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Qtec First'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 Qtec First 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 Qtec First 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.

Qtec First June 26, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Qtec First help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Qtec First Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Qtec First Trust based on widely used predictive technical indicators. In general, we focus on analyzing Qtec First Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Qtec First's daily price indicators and compare them against related drivers.
Information Ratio(0.042562)
Maximum Drawdown5.92
Value At Risk(2.70)
Potential Upside2.29
Please see Your Equity Center. Note that the Qtec First Trust information on this page should be used as a complementary analysis to other Qtec First'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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