1290 Smartbeta Financial Statements From 2010 to 2024
| TNBAX Fund | USD 19.80 0.08 0.41% |
Check 1290 Smartbeta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 1290 Smartbeta's main balance sheet or income statement drivers, such as , as well as many indicators such as . 1290 financial statements analysis is a perfect complement when working with 1290 Smartbeta Valuation or Volatility modules.
1290 |
1290 Smartbeta Equity Mutual Fund Price To Earning Analysis
1290 Smartbeta'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 1290 Smartbeta Price To Earning | 17.85 X |
Most of 1290 Smartbeta'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, 1290 Smartbeta Equity 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, 1290 Smartbeta Equity has a Price To Earning of 17.85 times. This is much higher than that of the 1290 Funds family and significantly higher than that of the World Large-Stock Blend category. The price to earning for all United States funds is notably lower than that of the firm.
1290 Smartbeta Equity Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 1290 Smartbeta's current stock value. Our valuation model uses many indicators to compare 1290 Smartbeta value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 1290 Smartbeta competition to find correlations between indicators driving 1290 Smartbeta's intrinsic value. More Info.1290 Smartbeta Equity is rated third largest fund in price to earning among similar funds. It also is rated third largest fund in price to book among similar funds fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for 1290 Smartbeta Equity is roughly 6.20 . 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 1290 Smartbeta's earnings, one of the primary drivers of an investment's value.About 1290 Smartbeta Financial Statements
1290 Smartbeta investors use historical fundamental indicators, such as 1290 Smartbeta'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 1290 Smartbeta. Please read more on our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities. It invests primarily in equity securities of U.S. companies and foreign companies in developed markets. Equity securities in which the fund may invest include common stocks, preferred stocks, warrants, American Depositary Receipts and similar instruments.
Also Currently Popular
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 1290 Mutual Fund
1290 Smartbeta financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Smartbeta security.
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