Series Portfolios Financials
SCAP Etf | USD 31.54 0.20 0.63% |
Net Expense Ratio 0.008 |
Series |
The data published in Series Portfolios' official financial statements usually reflect Series Portfolios' 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 Series Portfolios Trust. For example, before you start analyzing numbers published by Series accountants, it's critical to develop an understanding of what Series Portfolios' liquidity, profitability, and earnings quality are in the context of the AdvisorShares space in which it operates.
Please note, the presentation of Series Portfolios' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Series Portfolios' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Series Portfolios' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Series Portfolios Trust. Please utilize our Beneish M Score to check the likelihood of Series Portfolios' management manipulating its earnings.
Series Portfolios Etf Summary
Series Portfolios competes with Vanguard Mid, Vanguard Small, Vanguard FTSE, Vanguard Large, and Vanguard Small. The investment seeks to provide total return through long-term capital appreciation and current income. AdvisorShares Cornerstone is traded on PCX Exchange in the United States.Instrument | USA Etf View All |
Exchange | NYSE ARCA Exchange |
CUSIP | 81752T445 |
Region | Global |
Investment Issuer | Infrastructure Capital Advisors |
Etf Family | AdvisorShares |
Fund Category | Strategy |
Portfolio Concentration | Small Cap |
Benchmark | NYSE Composite |
Phone | 877 843 3831 |
Currency | USD - US Dollar |
You should never invest in Series Portfolios without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Series Etf, because this is throwing your money away. Analyzing the key information contained in Series Portfolios' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Series Portfolios Key Financial Ratios
Generally speaking, Series Portfolios' financial ratios allow both analysts and investors to convert raw data from Series Portfolios' financial statements into concise, actionable information that can be used to evaluate the performance of Series Portfolios over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Series Portfolios Trust reports annually and quarterly.Series Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Series Portfolios's current stock value. Our valuation model uses many indicators to compare Series Portfolios value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Series Portfolios competition to find correlations between indicators driving Series Portfolios's intrinsic value. More Info.Series Portfolios Trust is presently regarded as number one ETF in price to earning as compared to similar ETFs. It is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Series Portfolios Trust is roughly 10.48 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Series Portfolios by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Series Portfolios' 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 Series Portfolios' earnings, one of the primary drivers of an investment's value.Series Portfolios Trust Systematic Risk
Series Portfolios' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Series Portfolios 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-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Series Portfolios Trust correlated with the market. If Beta is less than 0 Series Portfolios generally moves in the opposite direction as compared to the market. If Series Portfolios Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Series Portfolios Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Series Portfolios is generally in the same direction as the market. If Beta > 1 Series Portfolios moves generally in the same direction as, but more than the movement of the benchmark.
About Series Portfolios Financials
What exactly are Series Portfolios 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 Series Portfolios' income statement, its balance sheet, and the statement of cash flows. Potential Series Portfolios investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Series Portfolios investors may use each financial statement separately, they are all related. The changes in Series Portfolios's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Series Portfolios'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 Series Portfolios 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 Series Portfolios 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 Series 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 Series Portfolios' financials are consistent with your investment objective using the following steps:- Review Series Portfolios' 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 Series Portfolios' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Series Portfolios' 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 Series Portfolios' stock is overvalued or undervalued.
Series Portfolios Thematic Clasifications
Series Portfolios Trust is part of several thematic ideas from Strategy ETFs to Small Cap ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSeries Portfolios April 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Series Portfolios help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Series Portfolios Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Series Portfolios Trust based on widely used predictive technical indicators. In general, we focus on analyzing Series Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Series Portfolios's daily price indicators and compare them against related drivers.
Downside Deviation | 1.07 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 4.73 | |||
Value At Risk | (1.61) | |||
Potential Upside | 1.51 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Series Portfolios Trust. 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. Note that the Series Portfolios Trust information on this page should be used as a complementary analysis to other Series Portfolios' 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 Series Portfolios Trust is measured differently than its book value, which is the value of Series that is recorded on the company's balance sheet. Investors also form their own opinion of Series Portfolios' value that differs from its market value or its book value, called intrinsic value, which is Series Portfolios' 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 Series Portfolios' market value can be influenced by many factors that don't directly affect Series Portfolios' 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 Series Portfolios' value and its price as these two are different measures arrived at by different means. Investors typically determine if Series Portfolios is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Series Portfolios' 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.