Etfmg Prime Mobile Etf Bond Positions Weight
| IPAY Etf | USD 49.00 0.12 0.24% |
ETFMG Prime Mobile 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.
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ETFMG Prime Mobile ETF Bond Positions Weight Analysis
ETFMG Prime's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Current ETFMG Prime Bond Positions Weight | 0.17 % |
Most of ETFMG Prime's fundamental indicators, such as Bond Positions Weight, 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 Mobile is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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In accordance with the recently published financial statements, ETFMG Prime Mobile has a Bond Positions Weight of 0.17%. This is much higher than that of the ETFMG family and significantly higher than that of the Miscellaneous Sector category. The bond positions weight for all United States etfs is notably lower than that of the firm.
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Fund Asset Allocation for ETFMG Prime
The fund consists of 98.65% investments in stocks, with the rest of investments allocated between bondsand various exotic instruments.Asset allocation divides ETFMG Prime'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.
ETFMG Fundamentals
| Price To Earning | 22.11 X | |||
| Price To Book | 3.64 X | |||
| Price To Sales | 2.44 X | |||
| Number Of Employees | 384 | |||
| Beta | 1.4 | |||
| Total Asset | 507.27 M | |||
| One Year Return | 11.40 % | |||
| Three Year Return | (12.40) % | |||
| Five Year Return | 3.30 % | |||
| Net Asset | 507.27 M | |||
| Last Dividend Paid | 0.015 | |||
| Equity Positions Weight | 98.65 % | |||
| Bond Positions Weight | 0.17 % |
About ETFMG Prime Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETFMG Prime Mobile'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 Mobile 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 ETFMG Prime 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, ETFMG Prime's short interest history, or implied volatility extrapolated from ETFMG Prime options trading.
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Try AI Portfolio ArchitectCheck out ETFMG Prime Piotroski F Score and ETFMG Prime Altman Z Score analysis. Note that the ETFMG Prime Mobile 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 the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of ETFMG Prime Mobile 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 if ETFMG Prime is a good investment 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.