Spear Etf Financials


USD 17.07  0.41  2.46%   

You can harness fundamental analysis to find out if Spear Alpha ETF is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate data for four available drivers for Spear Alpha ETF, which can be compared to its competition. Please validate Spear Alpha net asset to decide if Spear Alpha is priced fairly. Use Spear Alpha to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The etf experiences an unexpected upward trend. Watch out for market signals. Check odds of Spear Alpha to be traded at $20.48 in 90 days.
With this module, you can analyze Spear financials for your investing period. You should be able to track the changes in Spear Alpha individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Spear Alpha Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Spear Alpha's financial statements are interrelated, with each one affecting the others. For example, an increase in Spear Alpha's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 36
Spear Alpha ETF has less than 36 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Spear Alpha 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 Spear Alpha's official financial statements usually reflect Spear Alpha'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 Spear Alpha ETF. For example, before you start analyzing numbers published by Spear accountants, it's critical to develop an understanding of what Spear Alpha's liquidity, profitability, and earnings quality are in the context of the Spear space in which it operates.
Please note, the presentation of Spear Alpha'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, Spear Alpha's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Spear Alpha's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Spear Alpha ETF. Please utilize our Beneish M Score to check the likelihood of Spear Alpha's management to manipulate its earnings.

Spear Alpha Company Summary

Spear Alpha competes with ATT. The fund is an actively-managed exchange-traded fund that will invest primarily in equity securities, including common stock or American depositary receipts of companies that Spear Advisors LLC believes are poised to benefit from breakthrough innovation in industrial technology. Spear Alpha is traded on NYSEArca Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNYSEArca Exchange
RegionNorth America
Investment IssuerSpear Advisors
Etf FamilySpear
Fund CategoryStrategy
Portfolio ConcentrationTheme
CurrencyUSD - US Dollar

Spear Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Spear Alpha's current stock value. Our valuation model uses many indicators to compare Spear Alpha value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spear Alpha competition to find correlations between indicators driving Spear Alpha's intrinsic value. More Info.
Spear Alpha ETF is presently regarded as number one ETF in equity positions weight as compared to similar ETFs. It is presently regarded as number one ETF in net asset as compared to similar ETFs making up about  32,358  of Net Asset per Equity Positions Weight. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Spear Alpha by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Spear Alpha'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 Spear Alpha's earnings, one of the primary drivers of an investment's value.

Spear Alpha ETF Systematic Risk

Spear Alpha's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Spear Alpha 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 Spear Alpha ETF correlated with the market. If Beta is less than 0 Spear Alpha generally moves in the opposite direction as compared to the market. If Spear Alpha Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Spear Alpha ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Spear Alpha is generally in the same direction as the market. If Beta > 1 Spear Alpha moves generally in the same direction as, but more than the movement of the benchmark.

About Spear Alpha Financials

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

Spear Alpha Thematic Clasifications

Spear Alpha ETF is part of Tech Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in technology. Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services
Tech Funds Idea
Tech FundsView
This theme covers Funds investing in technology. Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. Get More Thematic Ideas

Spear Alpha August 12, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Spear Alpha help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Spear Alpha ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Spear Alpha ETF based on widely used predictive technical indicators. In general, we focus on analyzing Spear Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Spear Alpha's daily price indicators and compare them against related drivers.
Downside Deviation3.86
Information Ratio0.0695
Maximum Drawdown17.45
Value At Risk(4.85)
Potential Upside5.8
Additionally, take a look at World Market Map. Note that the Spear Alpha ETF information on this page should be used as a complementary analysis to other Spear Alpha'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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