MKAM ETF Financials
| MKAM Etf | 27.98 0.12 0.43% |
Net Expense Ratio 0.0096 |
MKAM |
The data published in MKAM ETF's official financial statements usually reflect MKAM ETF'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 MKAM ETF. For example, before you start analyzing numbers published by MKAM accountants, it's critical to develop an understanding of what MKAM ETF's liquidity, profitability, and earnings quality are in the context of the MKAM space in which it operates.
Please note, the presentation of MKAM ETF'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, MKAM ETF's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in MKAM ETF's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MKAM ETF. Please utilize our Beneish M Score to check the likelihood of MKAM ETF's management manipulating its earnings.
MKAM ETF Etf Summary
MKAM ETF competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Total, and Vanguard Value. MKAM ETF is entity of United States. It is traded as Etf on NASDAQ exchange.MKAM ETF Systematic Risk
MKAM ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MKAM ETF 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on MKAM ETF correlated with the market. If Beta is less than 0 MKAM ETF generally moves in the opposite direction as compared to the market. If MKAM ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MKAM ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MKAM ETF is generally in the same direction as the market. If Beta > 1 MKAM ETF moves generally in the same direction as, but more than the movement of the benchmark.
About MKAM ETF Financials
What exactly are MKAM ETF 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 MKAM ETF's income statement, its balance sheet, and the statement of cash flows. Potential MKAM ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although MKAM ETF investors may use each financial statement separately, they are all related. The changes in MKAM ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MKAM ETF'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.Steps to analyze MKAM ETF Financials for Investing
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 you should consider 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 yearly 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 MKAM ETF 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 determine 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 the net revenue of MKAM has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased 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. In summary, you can determine if MKAM ETF's financials are consistent with your investment objective using the following steps:- Review MKAM ETF's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand MKAM ETF's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare MKAM ETF's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if MKAM ETF's stock is overvalued or undervalued.
MKAM ETF June 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MKAM ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MKAM ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of MKAM ETF based on widely used predictive technical indicators. In general, we focus on analyzing MKAM Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MKAM ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4146 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.17 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.7329 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKAM ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in MKAM Etf, please use our How to Invest in MKAM ETF guide.Note that the MKAM ETF information on this page should be used as a complementary analysis to other MKAM ETF'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of MKAM ETF is measured differently than its book value, which is the value of MKAM that is recorded on the company's balance sheet. Investors also form their own opinion of MKAM ETF's value that differs from its market value or its book value, called intrinsic value, which is MKAM ETF'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 MKAM ETF's market value can be influenced by many factors that don't directly affect MKAM ETF'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 MKAM ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if MKAM ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MKAM ETF'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.