Ab Active Etfs Etf Fundamentals
| CAM Etf | 25.12 0.02 0.08% |
Fundamental analysis of AB Active allows traders to better anticipate movements in AB Active's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. AB Active ETFs ETF Beta Analysis
AB Active's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current AB Active Beta | -0.09 |
Most of AB Active's fundamental indicators, such as Beta, 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, AB Active ETFs is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, AB Active ETFs has a Beta of -0.09. This is much lower than that of the family and significantly lower than that of the Muni Single State Short category. The beta for all United States etfs is notably higher than that of the company.
AB Active ETFs Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AB Active's current stock value. Our valuation model uses many indicators to compare AB Active value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AB Active competition to find correlations between indicators driving AB Active's intrinsic value. More Info.AB Active ETFs is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for AB Active ETFs is roughly 10.18 . Comparative valuation analysis is a catch-all technique that is used if you cannot value AB Active 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.CAM Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AB Active's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of AB Active could also be used in its relative valuation, which is a method of valuing AB Active by comparing valuation metrics of similar companies.AB Active is currently under evaluation in beta as compared to similar ETFs.
As returns on the market increase, returns on owning AB Active are expected to decrease at a much lower rate. During the bear market, AB Active is likely to outperform the market.
CAM Fundamentals
| Return On Equity | 14.23 | |||
| Return On Asset | 0.0596 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 14.03 % | |||
| Current Valuation | 13.27 B | |||
| Shares Outstanding | 190.92 M | |||
| Shares Owned By Insiders | 0.74 % | |||
| Shares Owned By Institutions | 93.00 % | |||
| Number Of Shares Shorted | 3.57 M | |||
| Price To Earning | 28.21 X | |||
| Price To Book | 2.77 X | |||
| Price To Sales | 1.44 X | |||
| Revenue | 8.78 B | |||
| Gross Profit | 2.66 B | |||
| EBITDA | 921.09 M | |||
| Net Income | 501 M | |||
| Cash And Equivalents | 1.77 B | |||
| Cash Per Share | 12.31 X | |||
| Total Debt | 2.83 B | |||
| Debt To Equity | 0.52 % | |||
| Current Ratio | 2.22 X | |||
| Book Value Per Share | 17.62 X | |||
| Cash Flow From Operations | 708 M | |||
| Earnings Per Share | 2.59 X | |||
| Number Of Employees | 23 K | |||
| Beta | -0.09 | |||
| Market Capitalization | 12.07 B | |||
| Total Asset | 11.5 B | |||
| Retained Earnings | 5.95 B | |||
| Working Capital | 3.91 B | |||
| Current Asset | 7.12 B | |||
| Current Liabilities | 3.21 B | |||
| One Year Return | 4.60 % | |||
| Three Year Return | 3.90 % | |||
| Five Year Return | 1.50 % | |||
| Ten Year Return | 1.90 % |
About AB Active Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AB Active ETFs's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AB Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AB Active ETFs based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Cameron International Corporationration offer flow equipment products, systems, and services worldwide.
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The market value of AB Active ETFs is measured differently than its book value, which is the value of CAM that is recorded on the company's balance sheet. Investors also form their own opinion of AB Active's value that differs from its market value or its book value, called intrinsic value, which is AB Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AB Active's market value can be influenced by many factors that don't directly affect AB Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AB Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if AB Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AB Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.