Purpose Premium Financials
| PYF Etf | CAD 17.49 0.01 0.06% |
Purpose |
The data published in Purpose Premium's official financial statements typically reflect Purpose Premium's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Purpose Premium's quantitative information. For example, before you start analyzing numbers published by Purpose accountants, it's essential to understand Purpose Premium's liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
Purpose Premium Etf Summary
Purpose Premium competes with Purpose Core, Purpose International, Purpose Monthly, BMO Put, and Purpose Enhanced. The Purpose Premium Yield Fund seeks to provide shareholders with high monthly income and long-term capital appreciation. PURPOSE PREMIUM is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA74641L1031 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Oil, Gas & Consumable Fuels |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 877 789 1517 |
| Currency | CAD - Canadian Dollar |
You should never invest in Purpose Premium without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Purpose Etf, because this is throwing your money away. Analyzing the key information contained in Purpose Premium's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Purpose Premium Key Financial Ratios
Purpose Premium's financial ratios allow both analysts and investors to convert raw data from Purpose Premium's financial statements into concise, actionable information that can be used to evaluate the performance of Purpose Premium over time and compare it to other companies across industries.Purpose Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Purpose Premium's current stock value. Our valuation model uses many indicators to compare Purpose Premium value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Purpose Premium competition to find correlations between indicators driving Purpose Premium's intrinsic value. More Info.Purpose Premium Yield is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one ETF in beta as compared to similar ETFs totaling about 0.01 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Purpose Premium Yield is roughly 140.81 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Purpose Premium by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Purpose Premium's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Purpose Premium Yield Systematic Risk
Purpose Premium's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Purpose Premium volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Purpose Premium Yield correlated with the market. If Beta is less than 0 Purpose Premium generally moves in the opposite direction as compared to the market. If Purpose Premium Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Purpose Premium Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Purpose Premium is generally in the same direction as the market. If Beta > 1 Purpose Premium moves generally in the same direction as, but more than the movement of the benchmark.
Purpose Premium March 27, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Purpose Premium help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Purpose Premium Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Purpose Premium Yield based on widely used predictive technical indicators. In general, we focus on analyzing Purpose Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Purpose Premium's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3309 | |||
| Information Ratio | 0.049 | |||
| Maximum Drawdown | 1.44 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 0.4053 |
Other Information on Investing in Purpose Etf
Purpose Premium financial ratios help investors to determine whether Purpose Etf 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 Purpose with respect to the benefits of owning Purpose Premium security.