Etfmg Fundamentals

HACK -  USA Etf  

USD 48.13  1.70  3.66%

Etfmg Prime Cyber fundamentals help investors to digest information that contributes to Etfmg Prime's financial success or failures. It also enables traders to predict the movement of Etfmg Etf. The fundamental analysis module provides a way to measure Etfmg Prime'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 Etfmg Prime 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.
  
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Etfmg Price to Earning Analysis

Etfmg Prime's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
More About Price to Earning | All Equity Analysis

Current Etfmg Prime Price to Earning

    
  31.02 X  
Most of Etfmg Prime's fundamental indicators, such as Price to Earning, 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, Etfmg Prime Cyber is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Compare to competition

Etfmg Prime Price to Earning Component Assessment

Based on the latest financial disclosure, the price to earning indicator of Etfmg Prime Cyber is roughly 31.02 times. This is much higher than that of the ETFMG family and significantly higher than that of the Technology category. The price to earning for all United States etfs is notably lower than that of the firm.

Etfmg Prime Cyber Fundamental Drivers 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 price to sales as compared to similar ETFs. It is one of the top ETFs in price to earning as compared to similar ETFs reporting about  12.02  of Price to Earning per Price to Sales. . 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.

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Fund Asset Allocation for Etfmg Prime

The fund consists of 94.83% investments in stocks, with the rest of investments allocated between bondsand various exotic instruments.
 Value 
      Instrument Type 

Etfmg Fundamentals

About Etfmg Prime Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Etfmg Prime Cyber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Etfmg Prime using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Etfmg Prime Cyber 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 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Etfmg Prime without increasing your portfolio risk or giving up 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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Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Etfmg Prime Cyber using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Etfmg Prime Piotroski F Score and Etfmg Prime Altman Z Score 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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.