Spinnaker ETF Financial Statements From 2010 to 2024
| GENT Etf | 10.23 0.01 0.1% |
Check Spinnaker ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spinnaker ETF's main balance sheet or income statement drivers, such as , as well as many indicators such as . Spinnaker financial statements analysis is a perfect complement when working with Spinnaker ETF Valuation or Volatility modules.
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Spinnaker ETF Series ETF Price To Sales Analysis
Spinnaker ETF'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 Spinnaker ETF Price To Sales | 17.75 X |
Most of Spinnaker ETF'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, Spinnaker ETF Series 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, Spinnaker ETF Series has a Price To Sales of 17.75 times. This is much higher than that of the family and significantly higher than that of the Intermediate Core Bond category. The price to sales for all United States etfs is notably lower than that of the firm.
Spinnaker ETF Series Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spinnaker ETF's current stock value. Our valuation model uses many indicators to compare Spinnaker ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spinnaker ETF competition to find correlations between indicators driving Spinnaker ETF's intrinsic value. More Info.Spinnaker ETF Series is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.20 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Spinnaker ETF Series is roughly 4.96 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Spinnaker ETF 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 Spinnaker ETF Financial Statements
Spinnaker ETF shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Spinnaker ETF investors may analyze each financial statement separately, they are all interrelated. The changes in Spinnaker ETF's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spinnaker ETF's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Gentium S.p.A., a biopharmaceutical company, engages in the research and development of drugs derived from DNA and DNA molecules.
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Check out the analysis of Spinnaker ETF Correlation against competitors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF'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 Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF'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 Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF'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.