Columbia India Financial Statements From 2010 to 2024
| INCO Etf | USD 68.53 0.21 0.31% |
Check Columbia India financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Columbia India's main balance sheet or income statement drivers, such as , as well as many indicators such as . Columbia financial statements analysis is a perfect complement when working with Columbia India Valuation or Volatility modules.
Columbia |
Columbia India Consumer ETF Price To Sales Analysis
Columbia India'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 Columbia India Price To Sales | 1.90 X |
Most of Columbia India'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, Columbia India Consumer 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.
| Competition |
Based on the latest financial disclosure, Columbia India Consumer has a Price To Sales of 1.9 times. This is much higher than that of the Columbia Threadneedle family and significantly higher than that of the India Equity category. The price to sales for all United States etfs is notably lower than that of the firm.
Columbia India Consumer Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Columbia India's current stock value. Our valuation model uses many indicators to compare Columbia India value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Columbia India competition to find correlations between indicators driving Columbia India's intrinsic value. More Info.Columbia India Consumer is considered the top ETF in price to earning as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs fabricating about 0.23 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Columbia India Consumer is roughly 4.42 . 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 Columbia India's earnings, one of the primary drivers of an investment's value.About Columbia India Financial Statements
Columbia India investors utilize fundamental indicators, such as revenue or net income, to predict how Columbia Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The fund will invest at least 80 percent of its net assets in Indian consumer companies included in the index and the advisor generally expects to be substantially invested at such times, with at least 95 percent of its net assets invested in these securities. India Consumer is traded on NYSEARCA Exchange in the United States.
Pair Trading with Columbia India
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia India position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia India will appreciate offsetting losses from the drop in the long position's value.Moving together with Columbia Etf
| 0.99 | INDA | iShares MSCI India | PairCorr |
| 0.97 | EPI | WisdomTree India Earnings | PairCorr |
| 0.93 | INDSX | Financial Investors Trust | PairCorr |
| 0.92 | SMIN | iShares MSCI India | PairCorr |
| 0.98 | PIN | Invesco India ETF | PairCorr |
Moving against Columbia Etf
| 0.84 | IXSE | IXSE | PairCorr |
| 0.72 | VUG | Vanguard Growth Index | PairCorr |
| 0.7 | VB | Vanguard Small Cap | PairCorr |
| 0.69 | VTI | Vanguard Total Stock | PairCorr |
| 0.69 | VO | Vanguard Mid Cap | PairCorr |
The ability to find closely correlated positions to Columbia India could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia India when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia India - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia India Consumer to buy it.
The correlation of Columbia India is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia India moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia India Consumer moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia India can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Columbia India Correlation against competitors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of Columbia India Consumer is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia India's value that differs from its market value or its book value, called intrinsic value, which is Columbia India'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 Columbia India's market value can be influenced by many factors that don't directly affect Columbia India'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 Columbia India's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia India is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia India'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.