Etho Climate Net Asset

ETHO
 Etf
  

USD 52.04  0.97  1.83%   

Etho Climate Leadership fundamentals help investors to digest information that contributes to Etho Climate's financial success or failures. It also enables traders to predict the movement of Etho Climate Etf. The fundamental analysis module provides a way to measure Etho Climate'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 Etho Climate etf.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Etho Climate Net Asset Analysis

Etho Climate's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset 
 = 
Current Market Value 
Current Liabilities 
More About Net Asset | All Equity Analysis

Current Etho Climate Net Asset

    
  147.67 M  
Most of Etho Climate's fundamental indicators, such as Net Asset, 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, Etho Climate Leadership is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Etho Climate Net Asset Component Assessment

Based on the recorded statements, Etho Climate Leadership has a Net Asset of 147.67 M. This is much higher than that of the ETFMG family and significantly higher than that of the Mid-Cap Growth category. The net asset for all United States etfs is notably lower than that of the firm.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Fund Asset Allocation for Etho Climate

The fund invests 99.54% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
   Value   
       Instrument Type  

Etho Climate Fundamentals

About Etho Climate Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Etho Climate Leadership's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Etho Climate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Etho Climate Leadership 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.
The index tracks the performance of the equity securities of a diversified set of U.S. companies that are leaders in their industry with respect to their carbon impact. Etho Climate is traded on NYSEARCA Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Etho Climate without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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My Watchlist Analysis

Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
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Continue to Etho Climate Piotroski F Score and Etho Climate Altman Z Score analysis. Note that the Etho Climate Leadership information on this page should be used as a complementary analysis to other Etho Climate'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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