Xtrackers California Financial Statements From 2010 to 2024
| CA Etf | USD 25.33 0.02 0.08% |
Check Xtrackers California financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xtrackers California's main balance sheet or income statement drivers, such as , as well as many indicators such as . Xtrackers financial statements analysis is a perfect complement when working with Xtrackers California Valuation or Volatility modules.
Xtrackers |
Xtrackers California Municipal ETF Price To Earning Analysis
Xtrackers California's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Xtrackers California Price To Earning | 40.11 X |
Most of Xtrackers California's fundamental indicators, such as Price To Earning, 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, Xtrackers California Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Xtrackers California Municipal has a Price To Earning of 40.11 times. This is much higher than that of the family and significantly higher than that of the Muni California Intermediate category. The price to earning for all United States etfs is notably lower than that of the firm.
Xtrackers California Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Xtrackers California's current stock value. Our valuation model uses many indicators to compare Xtrackers California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Xtrackers California competition to find correlations between indicators driving Xtrackers California's intrinsic value. More Info.Xtrackers California Municipal is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Xtrackers California Municipal is roughly 17.14 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Xtrackers California's earnings, one of the primary drivers of an investment's value.About Xtrackers California Financial Statements
Xtrackers California stakeholders use historical fundamental indicators, such as Xtrackers California's revenue or net income, to determine how well the company is positioned to perform in the future. Although Xtrackers California investors may analyze each financial statement separately, they are all interrelated. For example, changes in Xtrackers California's assets and liabilities are reflected in the revenues and expenses on Xtrackers California's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Xtrackers California Municipal. Please read more on our technical analysis and fundamental analysis pages.
CA, Inc., doing business as CA technologies, develops, markets, delivers, and licenses software products and services in the United States and internationally. CA, Inc. was founded in 1974 and is headquartered in New York, New York. CA operates under Software - Infrastructure classification in USA and is traded on BATS Exchange. It employs 11300 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out the analysis of Xtrackers California Correlation against competitors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Xtrackers California is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers California's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers California'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 Xtrackers California's market value can be influenced by many factors that don't directly affect Xtrackers California'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 Xtrackers California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers California'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.