Fmqq The Next Etf Equity Positions Weight
| FMQQ Etf | USD 13.76 0.06 0.43% |
FMQQ The Next fundamentals help investors to digest information that contributes to FMQQ Next's financial success or failures. It also enables traders to predict the movement of FMQQ Etf. The fundamental analysis module provides a way to measure FMQQ Next'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 FMQQ Next etf.
FMQQ |
FMQQ The Next ETF Equity Positions Weight Analysis
FMQQ Next's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Current FMQQ Next Equity Positions Weight | 99.74 % |
Most of FMQQ Next's fundamental indicators, such as Equity 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, FMQQ The Next is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, FMQQ The Next has an Equity Positions Weight of 99%. This indicator is about the same for the Exchange Traded Concepts Trust average (which is currently at 99.49) family and significantly higher than that of the Diversified Emerging Mkts category. The equity positions weight for all United States etfs is 88.83% lower than that of the firm.
FMQQ Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FMQQ Next's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of FMQQ Next could also be used in its relative valuation, which is a method of valuing FMQQ Next by comparing valuation metrics of similar companies.FMQQ Next is currently under evaluation in equity positions weight as compared to similar ETFs.
Fund Asset Allocation for FMQQ Next
The fund invests 99.74% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides FMQQ Next'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.
FMQQ Fundamentals
| Beta | 1.25 | |||
| Total Asset | 13.57 M | |||
| One Year Return | 27.90 % | |||
| Three Year Return | (15.40) % | |||
| Net Asset | 13.57 M | |||
| Equity Positions Weight | 99.74 % |
About FMQQ Next Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FMQQ The Next's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FMQQ Next using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FMQQ The Next 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.
Pair Trading with FMQQ Next
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FMQQ Next position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FMQQ Next will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to FMQQ Next could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FMQQ Next when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FMQQ Next - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FMQQ The Next to buy it.
The correlation of FMQQ Next is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FMQQ Next moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FMQQ The Next moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FMQQ Next can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out FMQQ Next Piotroski F Score and FMQQ Next Altman Z Score analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of FMQQ The Next is measured differently than its book value, which is the value of FMQQ that is recorded on the company's balance sheet. Investors also form their own opinion of FMQQ Next's value that differs from its market value or its book value, called intrinsic value, which is FMQQ Next'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 FMQQ Next's market value can be influenced by many factors that don't directly affect FMQQ Next'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 FMQQ Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if FMQQ Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FMQQ Next'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.