Strategy Shares Etf Fundamentals
| ESSC Etf | USD 26.54 0.12 0.45% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Strategy Shares' long-term financial health and intrinsic value.
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Strategy Shares ETF Price To Book Analysis
Strategy Shares' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Strategy Shares Price To Book | 2.20 X |
Most of Strategy Shares' fundamental indicators, such as Price To Book, 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, Strategy Shares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Strategy Shares has a Price To Book of 2.1958 times. This is much higher than that of the Financial Services family and significantly higher than that of the Small Blend category. The price to book for all United States etfs is notably lower than that of the firm.
Strategy Shares Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Strategy Shares's current stock value. Our valuation model uses many indicators to compare Strategy Shares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Strategy Shares competition to find correlations between indicators driving Strategy Shares's intrinsic value. More Info.Strategy Shares is one of the top ETFs in price to book as compared to similar ETFs. It also is one of the top ETFs in beta as compared to similar ETFs totaling about 0.05 of Beta per Price To Book. The ratio of Price To Book to Beta for Strategy Shares is roughly 18.95 . 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 Strategy Shares' earnings, one of the primary drivers of an investment's value.Strategy Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Strategy Shares' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Strategy Shares could also be used in its relative valuation, which is a method of valuing Strategy Shares by comparing valuation metrics of similar companies.Strategy Shares is currently under evaluation in price to book as compared to similar ETFs.
Strategy Fundamentals
| Return On Equity | -0.0692 | |||
| Return On Asset | -0.0139 | |||
| Current Valuation | 56.37 M | |||
| Shares Outstanding | 7.17 M | |||
| Shares Owned By Insiders | 47.96 % | |||
| Shares Owned By Institutions | 20.63 % | |||
| Number Of Shares Shorted | 392.75 K | |||
| Price To Book | 2.20 X | |||
| Gross Profit | (275.93 K) | |||
| EBITDA | (2.06 M) | |||
| Net Income | (4.89 M) | |||
| Cash And Equivalents | 3.72 K | |||
| Total Debt | 4 M | |||
| Debt To Equity | 0.36 % | |||
| Current Ratio | 0.02 X | |||
| Book Value Per Share | (1.35) X | |||
| Cash Flow From Operations | (549.1 K) | |||
| Short Ratio | 5.83 X | |||
| Earnings Per Share | (0.32) X | |||
| Beta | 0.12 | |||
| Market Capitalization | 52.37 M | |||
| Total Asset | 33.57 M | |||
| Net Asset | 33.57 M |
About Strategy Shares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Strategy Shares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Strategy Shares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Strategy Shares 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.East Stone Acquisition Corporation does not have significant operations. East Stone Acquisition Corporation was incorporated in 2018 and is based in Burlington, Massachusetts. East Stone is traded on NASDAQ Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Strategy Shares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Strategy Shares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Strategy Shares Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Strategy Shares Etf:Check out Strategy Shares Piotroski F Score and Strategy Shares Altman Z Score analysis. For information on how to trade Strategy Etf refer to our How to Trade Strategy Etf guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of Strategy Shares is measured differently than its book value, which is the value of Strategy that is recorded on the company's balance sheet. Investors also form their own opinion of Strategy Shares' value that differs from its market value or its book value, called intrinsic value, which is Strategy Shares' 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 Strategy Shares' market value can be influenced by many factors that don't directly affect Strategy Shares' 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 Strategy Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategy Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategy Shares' 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.