ClearShares Piton Financials
| PIFI Etf | USD 93.09 0.09 0.1% |
Net Expense Ratio 0.0045 | 3 y Sharp Ratio (0.90) |
ClearShares |
The data published in ClearShares Piton's official financial statements typically reflect ClearShares Piton'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 ClearShares Piton's quantitative information. For example, before you start analyzing numbers published by ClearShares accountants, it's essential to understand ClearShares Piton's liquidity, profitability, and earnings quality within the context of the ClearShares space in which it operates.
ClearShares Piton Etf Summary
ClearShares Piton competes with Valued Advisers, Principal Exchange, PIMCO Enhanced, Vanguard Core, and Dimensional ETF. The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in debt securities and other instruments that have economic characteristics similar to such securities. ClearShares Piton is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US26922A1319 |
| CUSIP | 26922A131 |
| Region | North America |
| Investment Issuer | ClearShares |
| Etf Family | ClearShares |
| Fund Category | Broad Debt |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
ClearShares Piton Key Financial Ratios
ClearShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ClearShares Piton's current stock value. Our valuation model uses many indicators to compare ClearShares Piton value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ClearShares Piton competition to find correlations between indicators driving ClearShares Piton's intrinsic value. More Info.ClearShares Piton Intermediate is regarded third largest ETF in beta as compared to similar ETFs. It is regarded second largest ETF in one year return as compared to similar ETFs reporting about 9.30 of One Year Return per Beta. 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 ClearShares Piton's earnings, one of the primary drivers of an investment's value.ClearShares Piton Systematic Risk
ClearShares Piton's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ClearShares Piton 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on ClearShares Piton correlated with the market. If Beta is less than 0 ClearShares Piton generally moves in the opposite direction as compared to the market. If ClearShares Piton Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ClearShares Piton is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ClearShares Piton is generally in the same direction as the market. If Beta > 1 ClearShares Piton moves generally in the same direction as, but more than the movement of the benchmark.
About ClearShares Piton Financials
What exactly are ClearShares Piton 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 ClearShares Piton's income statement, its balance sheet, and the statement of cash flows. Potential ClearShares Piton investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ClearShares Piton investors may use each financial statement separately, they are all related. The changes in ClearShares Piton's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ClearShares Piton'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.ClearShares Piton Thematic Clasifications
ClearShares Piton Intermediate is part of several thematic ideas from Investment Grade ETFs to Broad Debt 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 IdeasClearShares Piton November 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ClearShares Piton help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ClearShares Piton Intermediate. We use our internally-developed statistical techniques to arrive at the intrinsic value of ClearShares Piton Intermediate based on widely used predictive technical indicators. In general, we focus on analyzing ClearShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ClearShares Piton's daily price indicators and compare them against related drivers.
| Information Ratio | (0.61) | |||
| Maximum Drawdown | 0.9525 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.245 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares Piton Intermediate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of ClearShares Piton is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares Piton's value that differs from its market value or its book value, called intrinsic value, which is ClearShares Piton'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 ClearShares Piton's market value can be influenced by many factors that don't directly affect ClearShares Piton'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 ClearShares Piton's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares Piton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares Piton'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.