Flexshares Credit Scored Corporate Etf Net Asset
| SKOR Etf | USD 46.91 0.17 0.36% |
FlexShares Credit Scored Corporate fundamentals help investors to digest information that contributes to FlexShares Credit's financial success or failures. It also enables traders to predict the movement of FlexShares Etf. The fundamental analysis module provides a way to measure FlexShares Credit'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 FlexShares Credit etf.
FlexShares |
FlexShares Credit Scored Corporate ETF Net Asset Analysis
FlexShares Credit's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current FlexShares Credit Net Asset | 242.16 M |
Most of FlexShares Credit's fundamental indicators, such as Net Asset, 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, FlexShares Credit Scored Corporate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, FlexShares Credit Scored Corporate has a Net Asset of 242.16 M. This is much higher than that of the Flexshares Trust family and significantly higher than that of the Corporate Bond category. The net asset for all United States etfs is 89.43% higher than that of the company.
FlexShares Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FlexShares Credit's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of FlexShares Credit could also be used in its relative valuation, which is a method of valuing FlexShares Credit by comparing valuation metrics of similar companies.FlexShares Credit is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for FlexShares Credit
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides FlexShares Credit'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.
FlexShares Fundamentals
| Number Of Employees | 20 | |||
| Beta | 0.8 | |||
| Total Asset | 242.16 M | |||
| One Year Return | 2.90 % | |||
| Three Year Return | (1.30) % | |||
| Five Year Return | 1.80 % | |||
| Net Asset | 242.16 M | |||
| Last Dividend Paid | 0.0743 | |||
| Bond Positions Weight | 18.30 % |
About FlexShares Credit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FlexShares Credit Scored Corporate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FlexShares Credit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FlexShares Credit Scored Corporate 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.
Currently Active Assets on Macroaxis
When determining whether FlexShares Credit is a strong investment it is important to analyze FlexShares Credit's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FlexShares Credit's future performance. For an informed investment choice regarding FlexShares Etf, refer to the following important reports:Check out FlexShares Credit Piotroski F Score and FlexShares Credit Altman Z Score analysis. 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 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.