YieldMax DKNG Financial Statements From 2010 to 2025
| DRAY Etf | USD 31.10 0.07 0.22% |
Check YieldMax DKNG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among YieldMax DKNG's main balance sheet or income statement drivers, such as , as well as many indicators such as . YieldMax financial statements analysis is a perfect complement when working with YieldMax DKNG Valuation or Volatility modules.
YieldMax | Build AI portfolio with YieldMax Etf |
YieldMax DKNG Option ETF Price To Earning Analysis
YieldMax DKNG'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 YieldMax DKNG Price To Earning | 22.55 X |
Most of YieldMax DKNG'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, YieldMax DKNG Option 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.
| Competition |
Based on the latest financial disclosure, YieldMax DKNG Option has a Price To Earning of 22.55 times. This is much higher than that of the Financial Services family and significantly higher than that of the Derivative Income category. The price to earning for all United States etfs is notably lower than that of the firm.
YieldMax DKNG Option Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining YieldMax DKNG's current stock value. Our valuation model uses many indicators to compare YieldMax DKNG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across YieldMax DKNG competition to find correlations between indicators driving YieldMax DKNG's intrinsic value. More Info.YieldMax DKNG Option is one of the top ETFs in price to earning as compared to similar ETFs. It is rated # 2 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 YieldMax DKNG Option is roughly 17.40 . 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 YieldMax DKNG's earnings, one of the primary drivers of an investment's value.About YieldMax DKNG Financial Statements
YieldMax DKNG investors use historical fundamental indicators, such as YieldMax DKNG's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in YieldMax DKNG. Please read more on our technical analysis and fundamental analysis pages.
The company intends to effect a merger or mergers, amalgamation, share exchange, share purchase, asset acquisition, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Woodside, California. Macondray Capital operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Also Currently Popular
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.When determining whether YieldMax DKNG Option offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YieldMax DKNG's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yieldmax Dkng Option Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Yieldmax Dkng Option Etf:Check out the analysis of YieldMax DKNG Correlation against competitors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of YieldMax DKNG 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 DKNG's value that differs from its market value or its book value, called intrinsic value, which is YieldMax DKNG'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 DKNG's market value can be influenced by many factors that don't directly affect YieldMax DKNG'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 DKNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax DKNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax DKNG'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.