Distillate Fundamental Stability Etf Current Asset
| DSTL Etf | USD 56.44 0.01 0.02% |
Fundamental analysis of Distillate Fundamental allows traders to better anticipate movements in Distillate Fundamental's stock price by examining its financial health and performance throughout various phases of its business cycle.
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Distillate Fundamental Stability ETF Current Asset Analysis
Distillate Fundamental's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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In accordance with the recently published financial statements, Distillate Fundamental Stability has a Current Asset of 0.0. This indicator is about the same for the Distillate Capital Partners average (which is currently at 0.0) family and about the same as Large Value (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for Distillate Fundamental
The fund invests 99.84% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Distillate Fundamental'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.
Distillate Fundamentals
| Number Of Employees | 202 | |||
| Beta | 0.94 | |||
| Total Asset | 725.27 M | |||
| One Year Return | 5.40 % | |||
| Three Year Return | 10.40 % | |||
| Five Year Return | 12.60 % | |||
| Net Asset | 725.27 M | |||
| Last Dividend Paid | 0.3 | |||
| Equity Positions Weight | 99.84 % |
About Distillate Fundamental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Distillate Fundamental Stability's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Distillate Fundamental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Distillate Fundamental Stability 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.
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The market value of Distillate Fundamental is measured differently than its book value, which is the value of Distillate that is recorded on the company's balance sheet. Investors also form their own opinion of Distillate Fundamental's value that differs from its market value or its book value, called intrinsic value, which is Distillate Fundamental'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 Distillate Fundamental's market value can be influenced by many factors that don't directly affect Distillate Fundamental'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 Distillate Fundamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Distillate Fundamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Distillate Fundamental'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.