SMART Trend Financial Statements From 2010 to 2025
| STRN Etf | USD 22.22 0.06 0.27% |
Check SMART Trend financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SMART Trend's main balance sheet or income statement drivers, such as , as well as many indicators such as . SMART financial statements analysis is a perfect complement when working with SMART Trend Valuation or Volatility modules.
This module can also supplement various SMART Trend Technical models . Check out the analysis of SMART Trend Correlation against competitors. SMART Trend 25 ETF Price To Earning Analysis
SMART Trend's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current SMART Trend Price To Earning | 185.00 X |
Most of SMART Trend's fundamental indicators, such as Price To Earning, 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, SMART Trend 25 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, SMART Trend 25 has a Price To Earning of 185 times. This is much higher than that of the family and significantly higher than that of the Large Blend category. The price to earning for all United States etfs is notably lower than that of the firm.
SMART Trend 25 Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SMART Trend's current stock value. Our valuation model uses many indicators to compare SMART Trend value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SMART Trend competition to find correlations between indicators driving SMART Trend's intrinsic value. More Info.SMART Trend 25 is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs . The ratio of Price To Earning to Price To Book for SMART Trend 25 is about 287.22 . 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 SMART Trend's earnings, one of the primary drivers of an investment's value.About SMART Trend Financial Statements
SMART Trend investors utilize fundamental indicators, such as revenue or net income, to predict how SMART 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.
Stran Company, Inc. provides outsourced marketing solutions. The company was founded in 1994 and is headquartered in Quincy, Massachusetts. Stran operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. It employs 67 people.
Pair Trading with SMART Trend
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 SMART Trend 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 SMART Trend will appreciate offsetting losses from the drop in the long position's value.Moving together with SMART Etf
| 0.69 | VTI | Vanguard Total Stock | PairCorr |
| 0.63 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.63 | IVV | iShares Core SP | PairCorr |
| 0.64 | VV | Vanguard Large Cap | PairCorr |
Moving against SMART Etf
The ability to find closely correlated positions to SMART Trend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SMART Trend 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 SMART Trend - 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 SMART Trend 25 to buy it.
The correlation of SMART Trend 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 SMART Trend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SMART Trend 25 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 SMART Trend 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 SMART Trend 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 SMART Trend 25 is measured differently than its book value, which is the value of SMART that is recorded on the company's balance sheet. Investors also form their own opinion of SMART Trend's value that differs from its market value or its book value, called intrinsic value, which is SMART Trend'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 SMART Trend's market value can be influenced by many factors that don't directly affect SMART Trend'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 SMART Trend's value and its price as these two are different measures arrived at by different means. Investors typically determine if SMART Trend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SMART Trend'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.