MicroSectors FANG Financial Statements From 2010 to 2024
| FNGD Etf | USD 16.56 0.04 0.24% |
Check MicroSectors FANG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MicroSectors FANG's main balance sheet or income statement drivers, such as , as well as many indicators such as . MicroSectors financial statements analysis is a perfect complement when working with MicroSectors FANG Valuation or Volatility modules.
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MicroSectors FANG Index ETF Price To Sales Analysis
MicroSectors FANG's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current MicroSectors FANG Price To Sales | 1.05 X |
Most of MicroSectors FANG's fundamental indicators, such as Price To Sales, 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, MicroSectors FANG Index is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, MicroSectors FANG Index has a Price To Sales of 1.05 times. This is much higher than that of the BMO Capital Markets family and significantly higher than that of the Trading--Inverse Equity category. The price to sales for all United States etfs is notably lower than that of the firm.
MicroSectors FANG Index Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MicroSectors FANG's current stock value. Our valuation model uses many indicators to compare MicroSectors FANG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MicroSectors FANG competition to find correlations between indicators driving MicroSectors FANG's intrinsic value. More Info.MicroSectors FANG Index is rated # 2 ETF in price to sales as compared to similar ETFs. It is rated # 3 ETF in beta as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value MicroSectors FANG 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 MicroSectors FANG Financial Statements
MicroSectors FANG stakeholders use historical fundamental indicators, such as MicroSectors FANG's revenue or net income, to determine how well the company is positioned to perform in the future. Although MicroSectors FANG investors may analyze each financial statement separately, they are all interrelated. For example, changes in MicroSectors FANG's assets and liabilities are reflected in the revenues and expenses on MicroSectors FANG'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 MicroSectors FANG Index. Please read more on our technical analysis and fundamental analysis pages.
The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. Microsectors Fang is traded on NYSEARCA 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 MicroSectors FANG Index is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MicroSectors Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microsectors Fang Index Etf. Highlighted below are key reports to facilitate an investment decision about Microsectors Fang Index Etf:Check out the analysis of MicroSectors FANG Correlation against competitors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of MicroSectors FANG Index is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG'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 MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG'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 MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG'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.