Alps/corecommodity Financial Statements From 2010 to 2024
| JCRAX Fund | USD 7.34 0.01 0.14% |
Check Alps/corecommodity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alps/corecommodity's main balance sheet or income statement drivers, such as , as well as many indicators such as . Alps/corecommodity financial statements analysis is a perfect complement when working with Alps/corecommodity Valuation or Volatility modules.
Alps/corecommodity |
Alpscorecommodity Management Pletecommoditiessm Mutual Fund Price To Book Analysis
Alps/corecommodity's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Alps/corecommodity Price To Book | 1.32 X |
Most of Alps/corecommodity's fundamental indicators, such as Price To Book, 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, Alpscorecommodity Management Pletecommoditiessm is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Alpscorecommodity Management Pletecommoditiessm has a Price To Book of 1.32 times. This is much higher than that of the ALPS family and significantly higher than that of the Commodities Broad Basket category. The price to book for all United States funds is notably lower than that of the firm.
Alps/corecommodity Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alps/corecommodity's current stock value. Our valuation model uses many indicators to compare Alps/corecommodity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alps/corecommodity competition to find correlations between indicators driving Alps/corecommodity's intrinsic value. More Info.Alpscorecommodity Management Pletecommoditiessm is rated third overall fund in price to earning among similar funds. It also is rated third overall fund in price to book among similar funds fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alpscorecommodity Management Pletecommoditiessm is roughly 14.89 . 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 Alps/corecommodity's earnings, one of the primary drivers of an investment's value.About Alps/corecommodity Financial Statements
Alps/corecommodity investors use historical fundamental indicators, such as Alps/corecommodity'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 Alps/corecommodity. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing,under normal circumstances,directly or indirectly in a combination of equity securities of natural resource companies, as commodity-related equity securities and commodity futures-linked derivative instruments thereby obtaining exposure to the commodity markets.
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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.Other Information on Investing in Alps/corecommodity Mutual Fund
Alps/corecommodity financial ratios help investors to determine whether Alps/corecommodity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alps/corecommodity with respect to the benefits of owning Alps/corecommodity security.
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