MicroSectors Travel Financials
| FLYD Etf | USD 8.12 0.04 0.50% |
MicroSectors | Build AI portfolio with MicroSectors Etf |
The data published in MicroSectors Travel's official financial statements typically reflect MicroSectors Travel's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving MicroSectors Travel's quantitative information. For example, before you start analyzing numbers published by MicroSectors accountants, it's essential to understand MicroSectors Travel's liquidity, profitability, and earnings quality within the context of the Trading--Inverse Equity space in which it operates.
Please note, the presentation of MicroSectors Travel'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, MicroSectors Travel's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of MicroSectors Travel's management manipulating its earnings.
| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US06368J1016 |
| CUSIP | 06368J101 06368J309 |
| Region | North America |
| Investment Issuer | Bank of Montreal |
| Business Address | , Canada |
| Fund Category | Sector |
| Portfolio Concentration | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
MicroSectors Travel Key Financial Ratios
MicroSectors Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MicroSectors Travel's current stock value. Our valuation model uses many indicators to compare MicroSectors Travel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MicroSectors Travel competition to find correlations between indicators driving MicroSectors Travel's intrinsic value. More Info.MicroSectors Travel 3X is rated # 5 ETF in beta as compared to similar ETFs. It also is rated # 5 ETF in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value MicroSectors Travel by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MicroSectors Travel Systematic Risk
MicroSectors Travel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MicroSectors Travel 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on MicroSectors Travel correlated with the market. If Beta is less than 0 MicroSectors Travel generally moves in the opposite direction as compared to the market. If MicroSectors Travel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MicroSectors Travel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MicroSectors Travel is generally in the same direction as the market. If Beta > 1 MicroSectors Travel moves generally in the same direction as, but more than the movement of the benchmark.
About MicroSectors Travel Financials
What exactly are MicroSectors Travel 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 MicroSectors Travel's income statement, its balance sheet, and the statement of cash flows. Potential MicroSectors Travel investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although MicroSectors Travel investors may use each financial statement separately, they are all related. The changes in MicroSectors Travel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MicroSectors Travel'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.MicroSectors Travel Thematic Clasifications
MicroSectors Travel 3X is part of several thematic ideas from Sector ETFs to Consumer Discretionary 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 IdeasMicroSectors Travel August 6, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MicroSectors Travel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MicroSectors Travel 3X. We use our internally-developed statistical techniques to arrive at the intrinsic value of MicroSectors Travel 3X based on widely used predictive technical indicators. In general, we focus on analyzing MicroSectors Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MicroSectors Travel's daily price indicators and compare them against related drivers.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 19.25 | |||
| Value At Risk | (9.64) | |||
| Potential Upside | 5.9 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors Travel 3X. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of MicroSectors Travel is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Travel's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Travel'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 MicroSectors Travel's market value can be influenced by many factors that don't directly affect MicroSectors Travel'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 MicroSectors Travel's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Travel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Travel'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.