Microsectors Big Oil Etf Net Asset
| NRGD Etf | USD 142.71 4.73 3.21% |
MicroSectors Big Oil fundamentals help investors to digest information that contributes to MicroSectors Big's financial success or failures. It also enables traders to predict the movement of MicroSectors Etf. The fundamental analysis module provides a way to measure MicroSectors Big'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 MicroSectors Big etf.
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MicroSectors Big Oil ETF Net Asset Analysis
MicroSectors Big'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.
Current MicroSectors Big Net Asset | 90.43 M |
Most of MicroSectors Big'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, MicroSectors Big Oil 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.
| Competition |
Based on the recorded statements, MicroSectors Big Oil has a Net Asset of 90.43 M. This is much higher than that of the BMO Capital Markets family and significantly higher than that of the Trading--Inverse Equity category. The net asset for all United States etfs is notably lower than that of the firm.
MicroSectors Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MicroSectors Big's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of MicroSectors Big could also be used in its relative valuation, which is a method of valuing MicroSectors Big by comparing valuation metrics of similar companies.MicroSectors Big is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for MicroSectors Big
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides MicroSectors Big's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
MicroSectors Fundamentals
| Number Of Employees | 27 | |||
| Beta | -1.66 | |||
| Total Asset | 90.43 M | |||
| One Year Return | (50.70) % | |||
| Three Year Return | (75.90) % | |||
| Five Year Return | (76.80) % | |||
| Net Asset | 90.43 M | |||
| Equity Positions Weight | 100.00 % |
About MicroSectors Big Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MicroSectors Big Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MicroSectors Big using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MicroSectors Big Oil 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MicroSectors Big in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MicroSectors Big's short interest history, or implied volatility extrapolated from MicroSectors Big options trading.
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Try AI Portfolio ArchitectCheck out MicroSectors Big Piotroski F Score and MicroSectors Big Altman Z Score analysis. Note that the MicroSectors Big Oil information on this page should be used as a complementary analysis to other MicroSectors Big'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 the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of MicroSectors Big Oil is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Big's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Big'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 MicroSectors Big's market value can be influenced by many factors that don't directly affect MicroSectors Big'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 MicroSectors Big's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Big is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Big'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.