Wahed FTSE Financial Statements From 2010 to 2024
| HLAL Etf | USD 46.82 0.62 1.34% |
Check Wahed FTSE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wahed main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Wahed financial statements analysis is a perfect complement when working with Wahed FTSE Valuation or Volatility modules.
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Wahed FTSE USA ETF Beta Analysis
Wahed FTSE's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Wahed FTSE Beta | 0.98 |
Most of Wahed FTSE's fundamental indicators, such as Beta, 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, Wahed FTSE USA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Wahed FTSE USA has a Beta of 0.98. This is much higher than that of the Wahed Invest family and significantly higher than that of the Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
About Wahed FTSE Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Wahed FTSE income statement, its balance sheet, and the statement of cash flows. Wahed FTSE investors use historical funamental indicators, such as Wahed FTSE's revenue or net income, to determine how well the company is positioned to perform in the future. Although Wahed FTSE investors may use each financial statement separately, they are all related. The changes in Wahed FTSE's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wahed FTSE'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. We offer a historical overview of the basic patterns found on Wahed FTSE Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wahed FTSE. Please read more on our technical analysis and fundamental analysis pages.
The index is composed of common stocks of large- and mid-capitalization U.S. companies the characteristics of which meet the requirements of Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Wahed FTSE is traded on NASDAQ Exchange in the United States.
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Try AI Portfolio ArchitectCheck out the analysis of Wahed FTSE Correlation against competitors. Note that the Wahed FTSE USA information on this page should be used as a complementary analysis to other Wahed FTSE'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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Wahed FTSE USA is measured differently than its book value, which is the value of Wahed that is recorded on the company's balance sheet. Investors also form their own opinion of Wahed FTSE's value that differs from its market value or its book value, called intrinsic value, which is Wahed FTSE'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 Wahed FTSE's market value can be influenced by many factors that don't directly affect Wahed FTSE'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 Wahed FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wahed FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wahed FTSE'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.