Freedom Day Dividend Etf Fundamentals
| MBOX Etf | USD 31.94 0.16 0.50% |
Freedom Day Dividend fundamentals help investors to digest information that contributes to Freedom Day's financial success or failures. It also enables traders to predict the movement of Freedom Etf. The fundamental analysis module provides a way to measure Freedom Day'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 Freedom Day etf.
Freedom |
Freedom Day Dividend ETF One Year Return Analysis
Freedom Day's 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.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Freedom Day One Year Return | 32.90 % |
Most of Freedom Day's fundamental indicators, such as One Year Return, 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, Freedom Day Dividend is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the recorded statements, Freedom Day Dividend has an One Year Return of 32.9%. This is much higher than that of the Alpha Architect family and significantly higher than that of the Large Value category. The one year return for all United States etfs is notably lower than that of the firm.
Freedom One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Freedom Day's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Freedom Day could also be used in its relative valuation, which is a method of valuing Freedom Day by comparing valuation metrics of similar companies.Freedom Day is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for Freedom Day
The fund invests 99.71% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Freedom Day'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.
Freedom Fundamentals
| Total Asset | 42.75 M | |||
| One Year Return | 32.90 % | |||
| Three Year Return | 9.90 % | |||
| Net Asset | 42.75 M | |||
| Equity Positions Weight | 99.71 % |
About Freedom Day Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Freedom Day Dividend's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freedom Day using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freedom Day Dividend 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.The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities that the Sub-Adviser believes have the potential to provide rising dividend income streams to the fund over time. Freedom Day is traded on NYSEARCA Exchange in the United States.
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The market value of Freedom Day Dividend is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Day's value that differs from its market value or its book value, called intrinsic value, which is Freedom Day'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 Freedom Day's market value can be influenced by many factors that don't directly affect Freedom Day'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 Freedom Day's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Day is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Day'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.