Unlimited HFND Financial Statements From 2010 to 2026
| HFND Etf | USD 23.27 0.14 0.61% |
Check Unlimited HFND financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unlimited HFND's main balance sheet or income statement drivers, such as , as well as many indicators such as . Unlimited financial statements analysis is a perfect complement when working with Unlimited HFND Valuation or Volatility modules.
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Unlimited HFND Multi Strategy ETF Beta Analysis
Unlimited HFND'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 Unlimited HFND Beta | 0.59 |
Most of Unlimited HFND'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, Unlimited HFND Multi Strategy 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.
| Competition |
In accordance with the recently published financial statements, Unlimited HFND Multi Strategy has a Beta of 0.59. This is much higher than that of the Unlimited family and significantly higher than that of the Multistrategy category. The beta for all United States etfs is notably lower than that of the firm.
About Unlimited HFND Financial Statements
Unlimited HFND stakeholders use historical fundamental indicators, such as Unlimited HFND's revenue or net income, to determine how well the company is positioned to perform in the future. Although Unlimited HFND investors may analyze each financial statement separately, they are all interrelated. For example, changes in Unlimited HFND's assets and liabilities are reflected in the revenues and expenses on Unlimited HFND's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Unlimited HFND Multi Strategy. Please read more on our technical analysis and fundamental analysis pages.
The funds portfolio will generally consist of long and short positions in 30 to 50 Underlying ETFs and futures contracts. Tidal ETF is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Unlimited HFND Multi is a strong investment it is important to analyze Unlimited HFND'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 Unlimited HFND's future performance. For an informed investment choice regarding Unlimited Etf, refer to the following important reports:Check out the analysis of Unlimited HFND Correlation against competitors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Unlimited HFND Multi is measured differently than its book value, which is the value of Unlimited that is recorded on the company's balance sheet. Investors also form their own opinion of Unlimited HFND's value that differs from its market value or its book value, called intrinsic value, which is Unlimited HFND'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 Unlimited HFND's market value can be influenced by many factors that don't directly affect Unlimited HFND'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 Unlimited HFND's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unlimited HFND is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unlimited HFND'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.