Ershares Entrepreneurs Etf Fundamentals
| ENTR Etf | USD 20.51 0.03 0.15% |
Fundamental analysis of ERShares Entrepreneurs allows traders to better anticipate movements in ERShares Entrepreneurs' stock price by examining its financial health and performance throughout various phases of its business cycle.
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ERShares Entrepreneurs ETF ETF Beta Analysis
ERShares Entrepreneurs' 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 ERShares Entrepreneurs Beta | 1.25 |
Most of ERShares Entrepreneurs' 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, ERShares Entrepreneurs ETF 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, ERShares Entrepreneurs ETF has a Beta of 1.25. This is much higher than that of the EntrepreneurShares family and significantly higher than that of the Large Growth category. The beta for all United States etfs is notably lower than that of the firm.
ERShares Entrepreneurs Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ERShares Entrepreneurs's current stock value. Our valuation model uses many indicators to compare ERShares Entrepreneurs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ERShares Entrepreneurs competition to find correlations between indicators driving ERShares Entrepreneurs's intrinsic value. More Info.ERShares Entrepreneurs ETF is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.01 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ERShares Entrepreneurs ETF is roughly 193.67 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ERShares Entrepreneurs 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.ERShares Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ERShares Entrepreneurs' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ERShares Entrepreneurs could also be used in its relative valuation, which is a method of valuing ERShares Entrepreneurs by comparing valuation metrics of similar companies.ERShares Entrepreneurs is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for ERShares Entrepreneurs
The fund consists of 90.77% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides ERShares Entrepreneurs' 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.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ERShares Entrepreneurs will likely underperform.
ERShares Fundamentals
| Return On Asset | -0.4 | |||
| Profit Margin | (0.51) % | |||
| Operating Margin | (0.40) % | |||
| Current Valuation | 217.53 M | |||
| Shares Outstanding | 89.78 M | |||
| Shares Owned By Insiders | 5.22 % | |||
| Shares Owned By Institutions | 70.80 % | |||
| Number Of Shares Shorted | 3.04 M | |||
| Price To Earning | 306.00 X | |||
| Price To Book | 1.58 X | |||
| Price To Sales | 1.49 X | |||
| Revenue | 191.62 M | |||
| Gross Profit | 93.25 M | |||
| Net Income | (98.12 M) | |||
| Cash And Equivalents | 17.31 M | |||
| Cash Per Share | 1.18 X | |||
| Total Debt | 8.79 M | |||
| Debt To Equity | 0.20 % | |||
| Current Ratio | 5.34 X | |||
| Cash Flow From Operations | (24.86 M) | |||
| Earnings Per Share | (1.00) X | |||
| Number Of Employees | 316 | |||
| Beta | 1.25 | |||
| Market Capitalization | 227.88 M | |||
| Total Asset | 29.04 M | |||
| Retained Earnings | (329.91 M) | |||
| Working Capital | 115.77 M | |||
| Current Asset | 142.24 M | |||
| Current Liabilities | 26.47 M | |||
| One Year Return | 9.40 % | |||
| Three Year Return | 32.10 % | |||
| Five Year Return | 3.20 % | |||
| Net Asset | 29.04 M | |||
| Last Dividend Paid | 0.014 | |||
| Equity Positions Weight | 90.77 % |
About ERShares Entrepreneurs Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ERShares Entrepreneurs ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ERShares Entrepreneurs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ERShares Entrepreneurs ETF 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.
Please read more on our fundamental analysis page.The fund invests primarily in equity securities of mid and large capitalization companies traded on the NASDAQ, the New York Stock Exchange or other major U.S. exchanges. Entrepreneur is traded on NYSEARCA Exchange in the United States.
When determining whether ERShares Entrepreneurs is a strong investment it is important to analyze ERShares Entrepreneurs' 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 ERShares Entrepreneurs' future performance. For an informed investment choice regarding ERShares Etf, refer to the following important reports: Check out ERShares Entrepreneurs Piotroski F Score and ERShares Entrepreneurs Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of ERShares Entrepreneurs is measured differently than its book value, which is the value of ERShares that is recorded on the company's balance sheet. Investors also form their own opinion of ERShares Entrepreneurs' value that differs from its market value or its book value, called intrinsic value, which is ERShares Entrepreneurs' 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 ERShares Entrepreneurs' market value can be influenced by many factors that don't directly affect ERShares Entrepreneurs' 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 ERShares Entrepreneurs' value and its price as these two are different measures arrived at by different means. Investors typically determine if ERShares Entrepreneurs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ERShares Entrepreneurs' 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.