Qtec First Equity Positions Weight vs. One Year Return

QABA
 Etf
  

USD 57.17  0.49  0.86%   

For Qtec First profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Qtec First to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Qtec First Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Qtec First's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Qtec First Trust over time as well as its relative position and ranking within its peers. Please see Your Equity Center.
  
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.

Qtec First Trust One Year Return vs. Equity Positions Weight Fundamental Analysis

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.
Qtec First Trust is rated second largest ETF in equity positions weight as compared to similar ETFs. It is presently regarded as number one ETF in one year return as compared to similar ETFs . . 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 One Year Return vs. Equity Positions Weight

Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Qtec First 
Stock Percentage 
 = 
% of Equities 
 
in the fund 
99.43 %
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Qtec First 
One Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
(6.59) %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Qtec First Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Qtec First, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Qtec First will eventually generate negative long term returns. The profitability progress is the general direction of Qtec First's change in net profit over the period of time. It can combine multiple indicators of Qtec First, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 NASDAQ Exchange in the United States.

Qtec First Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Qtec First. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Qtec First position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Qtec First's important profitability drivers and their relationship over time.

Use Qtec First in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Qtec First position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Qtec First will appreciate offsetting losses from the drop in the long position's value.

Qtec First Pair Trading

Qtec First Trust Pair Trading Analysis

The ability to find closely correlated positions to Qtec First could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qtec First when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Qtec First - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Qtec First Trust to buy it.
The correlation of Qtec First is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Qtec First moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qtec First Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Qtec First can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Qtec First position

In addition to having Qtec First in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Driverless Cars Thematic Idea Now

Driverless Cars
Driverless Cars Theme
Large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries that are directly or indirectly involved in shaping up the development and marketing of self-driving vehicles. The Driverless Cars theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Driverless Cars Theme or any other thematic opportunities.
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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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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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To fully project Qtec First's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Qtec First Trust at a specified time, usually calculated after every quarter, six months, or one year. 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 can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Qtec First investors may work on 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.