EXD Financial Statements From 2010 to 2024
EXD Etf | USD 9.57 0.00 0.00% |
Check EXD financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EXD's main balance sheet or income statement drivers, such as , as well as many indicators such as . EXD financial statements analysis is a perfect complement when working with EXD Valuation or Volatility modules.
EXD |
EXD ETF Price To Earning Analysis
EXD'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 EXD Price To Earning | 3.76 X |
Most of EXD'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, EXD 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.
CompetitionBased on the latest financial disclosure, EXD has a Price To Earning of 3.76 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States etfs is notably lower than that of the firm.
EXD Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EXD's current stock value. Our valuation model uses many indicators to compare EXD value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EXD competition to find correlations between indicators driving EXD's intrinsic value. More Info.EXD is rated below average in price to earning as compared to similar ETFs. It is rated # 4 ETF in beta as compared to similar ETFs totaling about 0.07 of Beta per Price To Earning. The ratio of Price To Earning to Beta for EXD is roughly 13.43 . Comparative valuation analysis is a catch-all technique that is used if you cannot value EXD by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About EXD Financial Statements
EXD stakeholders use historical fundamental indicators, such as EXD's revenue or net income, to determine how well the company is positioned to perform in the future. Although EXD investors may analyze each financial statement separately, they are all interrelated. For example, changes in EXD's assets and liabilities are reflected in the revenues and expenses on EXD'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 EXD. Please read more on our technical analysis and fundamental analysis pages.
Eaton Vance Tax-Managed Buy-Write Strategy Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. Eaton Vance is traded on New York Stock Exchange in the United States.
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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.When determining whether EXD is a strong investment it is important to analyze EXD's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EXD's future performance. For an informed investment choice regarding EXD Etf, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of EXD is measured differently than its book value, which is the value of EXD that is recorded on the company's balance sheet. Investors also form their own opinion of EXD's value that differs from its market value or its book value, called intrinsic value, which is EXD'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 EXD's market value can be influenced by many factors that don't directly affect EXD'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 EXD's value and its price as these two are different measures arrived at by different means. Investors typically determine if EXD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EXD'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.