Validea Financials

Validea Etf Summary

Validea competes with Tradr 2X, and First Trust. The investment seeks to track the performance, before fees and expenses, of the Validea Market Legends Index . Validea Market is traded on NGM Exchange in the United States.

Validea Key Financial Ratios

Validea Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Validea's current stock value. Our valuation model uses many indicators to compare Validea value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Validea competition to find correlations between indicators driving Validea's intrinsic value. More Info.Validea is rated fifth in price to earning as compared to similar ETFs. It is rated second in price to book as compared to similar ETFs fabricating about  0.11  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Validea is roughly  8.78 . 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 Validea's earnings, one of the primary drivers of an investment's value.

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When running Validea's price analysis, check to measure Validea'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 Validea is operating at the current time. Most of Validea's value examination focuses on studying past and present price action to predict the probability of Validea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Validea's price. Additionally, you may evaluate how the addition of Validea to your portfolios can decrease your overall portfolio volatility.