Yieldmax Dis Option Etf One Year Return
| DISO Etf | 12.55 0.03 0.24% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess YieldMax DIS's long-term financial health and intrinsic value.
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YieldMax DIS Option ETF One Year Return Analysis
YieldMax DIS's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current YieldMax DIS One Year Return | 10.50 % |
Most of YieldMax DIS's fundamental indicators, such as One Year Return, 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, YieldMax DIS Option is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, YieldMax DIS Option has an One Year Return of 10.5%. This is much higher than that of the family and significantly higher than that of the Derivative Income category. The one year return for all United States etfs is notably lower than that of the firm.
YieldMax One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses YieldMax DIS's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of YieldMax DIS could also be used in its relative valuation, which is a method of valuing YieldMax DIS by comparing valuation metrics of similar companies.YieldMax DIS is currently under evaluation in one year return as compared to similar ETFs.
About YieldMax DIS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze YieldMax DIS Option's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of YieldMax DIS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of YieldMax DIS Option 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.
Pair Trading with YieldMax DIS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if YieldMax DIS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in YieldMax DIS will appreciate offsetting losses from the drop in the long position's value.Moving against YieldMax Etf
| 0.55 | GDXU | MicroSectors Gold Miners | PairCorr |
| 0.55 | TARK | AXS 2X Innovation | PairCorr |
| 0.51 | TESL | Simplify Volt TSLA Symbol Change | PairCorr |
| 0.5 | PTIR | GraniteShares 2x Long Aggressive Push | PairCorr |
| 0.49 | MUU | Direxion Daily MU | PairCorr |
The ability to find closely correlated positions to YieldMax DIS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace YieldMax DIS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back YieldMax DIS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling YieldMax DIS Option to buy it.
The correlation of YieldMax DIS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as YieldMax DIS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if YieldMax DIS Option moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for YieldMax DIS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out YieldMax DIS Piotroski F Score and YieldMax DIS Altman Z Score analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of YieldMax DIS Option is measured differently than its book value, which is the value of YieldMax that is recorded on the company's balance sheet. Investors also form their own opinion of YieldMax DIS's value that differs from its market value or its book value, called intrinsic value, which is YieldMax DIS'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 YieldMax DIS's market value can be influenced by many factors that don't directly affect YieldMax DIS'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 YieldMax DIS's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax DIS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax DIS'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.