TENG Financial Statements From 2010 to 2026
TENG's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing TENG's valuation are provided below:TENG does not now have any fundamental trend indicators for analysis.
Check TENG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TENG's main balance sheet or income statement drivers, such as , as well as many indicators such as . TENG financial statements analysis is a perfect complement when working with TENG Valuation or Volatility modules.
This module can also supplement various TENG Technical models . Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. TENG ETF Price To Earning Analysis
TENG'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 TENG Price To Earning | 38.00 X |
Most of TENG'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, TENG 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.
CompetitionTENG Price To Earning Component Assessment
Based on the latest financial disclosure, TENG has a Price To Earning of 38.0 times. This is much higher than that of the Direxion Funds family and notably higher than that of the Family category. The price to earning for all United States etfs is notably lower than that of the firm.
TENG Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TENG's current stock value. Our valuation model uses many indicators to compare TENG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TENG competition to find correlations between indicators driving TENG's intrinsic value. More Info.TENG 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 fabricating about 0.31 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for TENG is roughly 3.25 . Comparative valuation analysis is a catch-all technique that is used if you cannot value TENG 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.Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Tools for TENG Etf
When running TENG's price analysis, check to measure TENG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TENG is operating at the current time. Most of TENG's value examination focuses on studying past and present price action to predict the probability of TENG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TENG's price. Additionally, you may evaluate how the addition of TENG to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |