VR Financial Statements From 2010 to 2026
VR'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 VR's valuation are provided below:VR does not presently have any fundamental trend indicators for analysis.
Check VR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VR's main balance sheet or income statement drivers, such as , as well as many indicators such as . VR financial statements analysis is a perfect complement when working with VR Valuation or Volatility modules.
This module can also supplement various VR 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 persons. VR ETF Price To Earning Analysis
VR'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 VR Price To Earning | 13.09 X |
Most of VR'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, VR 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.
CompetitionBased on the latest financial disclosure, VR has a Price To Earning of 13.09 times. This is 17.08% higher than that of the Global X Funds family and significantly higher than that of the Communications category. The price to earning for all United States etfs is notably lower than that of the firm.
VR Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VR's current stock value. Our valuation model uses many indicators to compare VR value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VR competition to find correlations between indicators driving VR's intrinsic value. More Info.VR is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VR is roughly 8.50 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VR 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.Pair Trading with VR
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 VR 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 VR will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Paychex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paychex 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 Paychex - 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 Paychex to buy it.
The correlation of Paychex 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 Paychex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paychex 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 Paychex 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 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 persons. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Tools for VR Etf
When running VR's price analysis, check to measure VR'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 VR is operating at the current time. Most of VR's value examination focuses on studying past and present price action to predict the probability of VR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VR's price. Additionally, you may evaluate how the addition of VR to your portfolios can decrease your overall portfolio volatility.
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