FlexShares Credit Financials
| SKOR Etf | USD 46.82 0.09 0.19% |
Net Expense Ratio 0.0015 | 3 y Sharp Ratio (0.59) |
FlexShares |
The data published in FlexShares Credit's official financial statements usually reflect FlexShares Credit'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 FlexShares Credit. For example, before you start analyzing numbers published by FlexShares accountants, it's critical to develop an understanding of what FlexShares Credit's liquidity, profitability, and earnings quality are in the context of the Flexshares Trust space in which it operates.
Please note, the presentation of FlexShares Credit'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, FlexShares Credit's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in FlexShares Credit's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of FlexShares Credit Scored Corporate. Please utilize our Beneish M Score to check the likelihood of FlexShares Credit's management manipulating its earnings.
FlexShares Credit Etf Summary
FlexShares Credit competes with PrimeEnergy, Israel Acquisitions, CKX Lands, HUMANA, and Barloworld. The underlying index reflects the performance of a broad universe of intermediate maturity, US-dollar denominated investment grade corporate bonds that can potentially deliver a higher total return than the overall investment grade corporate bond market, as represented by the Northern Trust US Investment Grade Corporate Bond Index SM. Flexshares Credit is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US33939L7617 |
| CUSIP | 33939L761 |
| Region | North America |
| Investment Issuer | Northern Trust |
| Etf Family | Flexshares Trust |
| Fund Category | Corporate |
| Portfolio Concentration | Investment Grade |
| Benchmark | NYSE Composite |
| Phone | NA |
| Currency | USD - US Dollar |
You should never invest in FlexShares Credit without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of FlexShares Etf, because this is throwing your money away. Analyzing the key information contained in FlexShares Credit's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
FlexShares Credit Key Financial Ratios
Generally speaking, FlexShares Credit's financial ratios allow both analysts and investors to convert raw data from FlexShares Credit's financial statements into concise, actionable information that can be used to evaluate the performance of FlexShares Credit 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 FlexShares Credit reports annually and quarterly.FlexShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining FlexShares Credit's current stock value. Our valuation model uses many indicators to compare FlexShares Credit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FlexShares Credit competition to find correlations between indicators driving FlexShares Credit's intrinsic value. More Info.FlexShares Credit Scored Corporate is rated second largest ETF in beta as compared to similar ETFs. It is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 4.50 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value FlexShares Credit by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for FlexShares Credit's 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 FlexShares Credit's earnings, one of the primary drivers of an investment's value.FlexShares Credit Systematic Risk
FlexShares Credit's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FlexShares Credit 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 fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on FlexShares Credit correlated with the market. If Beta is less than 0 FlexShares Credit generally moves in the opposite direction as compared to the market. If FlexShares Credit Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FlexShares Credit is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FlexShares Credit is generally in the same direction as the market. If Beta > 1 FlexShares Credit moves generally in the same direction as, but more than the movement of the benchmark.
About FlexShares Credit Financials
What exactly are FlexShares Credit 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 FlexShares Credit's income statement, its balance sheet, and the statement of cash flows. Potential FlexShares Credit investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although FlexShares Credit investors may use each financial statement separately, they are all related. The changes in FlexShares Credit's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on FlexShares Credit'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 FlexShares Credit 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 FlexShares Credit 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 FlexShares 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 FlexShares Credit's financials are consistent with your investment objective using the following steps:- Review FlexShares Credit'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 FlexShares Credit'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 FlexShares Credit'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 FlexShares Credit's stock is overvalued or undervalued.
FlexShares Credit Thematic Clasifications
FlexShares Credit Scored Corporate is part of several thematic ideas from Corporate ETFs to Investment Grade 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 IdeasFlexShares Credit April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of FlexShares Credit help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FlexShares Credit Scored Corporate. We use our internally-developed statistical techniques to arrive at the intrinsic value of FlexShares Credit Scored Corporate based on widely used predictive technical indicators. In general, we focus on analyzing FlexShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FlexShares Credit's daily price indicators and compare them against related drivers.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.39 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.3637 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in FlexShares Credit Scored Corporate. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of FlexShares Credit is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Credit's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Credit'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 FlexShares Credit's market value can be influenced by many factors that don't directly affect FlexShares Credit'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 FlexShares Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Credit'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.