Aberdeen Japan Financial Statements From 2010 to 2024
| JEQ Fund | USD 5.75 0.06 1.05% |
Market Capitalization 89 M |
Check Aberdeen Japan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aberdeen Japan's main balance sheet or income statement drivers, such as , as well as many indicators such as . Aberdeen financial statements analysis is a perfect complement when working with Aberdeen Japan Valuation or Volatility modules.
Aberdeen |
Aberdeen Japan Equity Fund Price To Book Analysis
Aberdeen Japan'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 Aberdeen Japan Price To Book | 0.59 X |
Most of Aberdeen Japan'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, Aberdeen Japan Equity 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, Aberdeen Japan Equity has a Price To Book of 0.59 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 book for all United States funds is notably lower than that of the firm.
Aberdeen Japan Equity Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aberdeen Japan's current stock value. Our valuation model uses many indicators to compare Aberdeen Japan value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aberdeen Japan competition to find correlations between indicators driving Aberdeen Japan's intrinsic value. More Info.Aberdeen Japan Equity is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Aberdeen Japan Equity is roughly 8.97 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Aberdeen Japan 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 Aberdeen Japan Financial Statements
Aberdeen Japan 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 Aberdeen Japan investors may analyze each financial statement separately, they are all interrelated. The changes in Aberdeen Japan's assets and liabilities, for example, are also reflected in the revenues and expenses on on Aberdeen Japan's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Abrdn Japan Equity Fund Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio. The fund employs a quantitative analysis to create its portfolio. It benchmarks the performance of its portfolio against the TOPIX Index. The fund was previously known as Japan Equity Fund, Inc. Abrdn Japan Equity Fund Inc was formed on July 12, 1990 and is domiciled in the United States.
Pair Trading with Aberdeen Japan
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 Aberdeen Japan 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 Aberdeen Japan will appreciate offsetting losses from the drop in the long position's value.Moving together with Aberdeen Fund
Moving against Aberdeen Fund
| 0.65 | CLM | Cornerstone Strategic | PairCorr |
| 0.65 | CRF | Cornerstone Strategic | PairCorr |
| 0.52 | LTFOX | Lord Abbett Affiliated | PairCorr |
| 0.51 | ETV | Eaton Vance Tax | PairCorr |
| 0.48 | VIGAX | Vanguard Growth Index | PairCorr |
The ability to find closely correlated positions to Aberdeen Japan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aberdeen Japan 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 Aberdeen Japan - 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 Aberdeen Japan Equity to buy it.
The correlation of Aberdeen Japan 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 Aberdeen Japan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aberdeen Japan Equity 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 Aberdeen Japan 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.Other Information on Investing in Aberdeen Fund
Aberdeen Japan financial ratios help investors to determine whether Aberdeen 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 Aberdeen with respect to the benefits of owning Aberdeen Japan security.
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