Jefferies Etf Price To Sales
Jefferies fundamentals help investors to digest information that contributes to Jefferies' financial success or failures. It also enables traders to predict the movement of Jefferies Etf. The fundamental analysis module provides a way to measure Jefferies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Jefferies etf.
Jefferies |
Jefferies ETF Price To Sales Analysis
Jefferies' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Jefferies Price To Sales | 0.83 X |
Most of Jefferies' fundamental indicators, such as Price To Sales, 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, Jefferies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
CompetitionBased on the latest financial disclosure, Jefferies has a Price To Sales of 0.83 times. This is 84.44% higher than that of the ALPS family and significantly higher than that of the Natural Resources category. The price to sales for all United States etfs is 151.52% lower than that of the firm.
Jefferies Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jefferies' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Jefferies could also be used in its relative valuation, which is a method of valuing Jefferies by comparing valuation metrics of similar companies.Jefferies is third largest ETF in price to sales as compared to similar ETFs.
Fund Asset Allocation for Jefferies
The fund invests 99.1% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (0.7%) and various exotic instruments.Asset allocation divides Jefferies' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Jefferies Fundamentals
| Price To Earning | 19.55 X | |||
| Price To Book | 1.29 X | |||
| Price To Sales | 0.83 X | |||
| Annual Yield | 3.27 % | |||
| Year To Date Return | 1.32 % | |||
| One Year Return | (12.74) % | |||
| Three Year Return | 6.65 % | |||
| Net Asset | 16.15 M | |||
| Equity Positions Weight | 99.10 % | |||
| Bond Positions Weight | 0.70 % |
Pair Trading with Jefferies
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 Jefferies 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 Jefferies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Marsh McLennan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marsh McLennan 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 Marsh McLennan - 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 Marsh McLennan Companies to buy it.
The correlation of Marsh McLennan 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 Marsh McLennan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marsh McLennan Companies 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 Marsh McLennan 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 Trending Equities 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 bureau of labor statistics. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Tools for Jefferies Etf
When running Jefferies' price analysis, check to measure Jefferies' 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 Jefferies is operating at the current time. Most of Jefferies' value examination focuses on studying past and present price action to predict the probability of Jefferies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jefferies' price. Additionally, you may evaluate how the addition of Jefferies to your portfolios can decrease your overall portfolio volatility.
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