MOBOX Hits 24 Hour Trading Volume of 14.82 Million
| MBOX Etf | USD 34.16 0.34 0.99% |
Slightly above 62% of Freedom Day's investor base is looking to short. The current sentiment regarding investing in Freedom Day Dividend etf implies that many traders are alarmed. Freedom Day's investing sentiment can be driven by a variety of factors including economic data, Freedom Day's earnings reports, geopolitical events, and overall market trends.
Freedom |
MOBOX traded 3 percent higher against the dollar during the 24-hour period ending at 700 AM Eastern on November 22nd. MOBOX has a market cap of 76.04 million and approximately 14.82 million worth of MOBOX was traded on exchanges in the last day. In the last seven days, MOBOX has traded up 16.7 percent against the
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Freedom Day Fundamental Analysis
We analyze Freedom Day's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freedom Day using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freedom Day 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Freedom Day is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Freedom Day Dividend Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Freedom Day etf to make a market-neutral strategy. Peer analysis of Freedom Day could also be used in its relative valuation, which is a method of valuing Freedom Day by comparing valuation metrics with similar companies.
Peers
Freedom Day Related Equities
| LCG | Sterling Capital | 1.29 | ||||
| MBCC | Northern Lights | 0.92 |
Check out Freedom Day Hype Analysis, Freedom Day Correlation and Freedom Day Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Freedom Day Dividend is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Day's value that differs from its market value or its book value, called intrinsic value, which is Freedom Day'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 Freedom Day's market value can be influenced by many factors that don't directly affect Freedom Day'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 Freedom Day's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Day is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Day'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.