Tradr 2x Long Etf Net Asset
| FLYT Etf | USD 23.72 3.17 15.43% |
Tradr 2X's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Tradr Etf price.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Tradr 2X Long ETF Net Asset Analysis
Tradr 2X's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Tradr 2X Net Asset | 15.17 M |
Most of Tradr 2X's fundamental indicators, such as Net Asset, 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, Tradr 2X Long is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Tradr 2X Long has a Net Asset of 15.17 M. This is 93.74% lower than that of the Direxion Funds family and significantly higher than that of the Allocation--30% to 50% Equity category. The net asset for all United States etfs is 99.34% higher than that of the company.
Tradr Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tradr 2X's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Tradr 2X could also be used in its relative valuation, which is a method of valuing Tradr 2X by comparing valuation metrics of similar companies.Tradr 2X is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for Tradr 2X
The fund invests 26.81% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (50.66%) and various exotic instruments.Asset allocation divides Tradr 2X'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.
Tradr Fundamentals
| Total Asset | 15.17 M | |||
| One Year Return | (1.52) % | |||
| Net Asset | 15.17 M | |||
| Last Dividend Paid | 0.12 | |||
| Equity Positions Weight | 26.81 % | |||
| Bond Positions Weight | 50.66 % |
About Tradr 2X Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tradr 2X Long's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tradr 2X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tradr 2X Long 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.
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Other Information on Investing in Tradr Etf
Tradr 2X financial ratios help investors to determine whether Tradr Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tradr with respect to the benefits of owning Tradr 2X security.