Ishs Sp500 Usd Etf Current Ratio
ISHS SP500 USD fundamentals help investors to digest information that contributes to ISHS SP500's financial success or failures. It also enables traders to predict the movement of ISHS Etf. The fundamental analysis module provides a way to measure ISHS SP500's 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 ISHS SP500 etf.
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ISHS SP500 USD ETF Current Ratio Analysis
ISHS SP500's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current ISHS SP500 Current Ratio | 0.05 X |
Most of ISHS SP500's fundamental indicators, such as Current Ratio, 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, ISHS SP500 USD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, ISHS SP500 USD has a Current Ratio of 0.05 times. This is much higher than that of the family and significantly higher than that of the Current Ratio category. The current ratio for all Netherlands etfs is notably lower than that of the firm.
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ISHS Fundamentals
| Return On Asset | -253.16 | |||
| Shares Outstanding | 54 M | |||
| Net Income | (52.67 K) | |||
| Cash And Equivalents | 5.15 K | |||
| Total Debt | 115 K | |||
| Current Ratio | 0.05 X | |||
| Cash Flow From Operations | (45.4 K) | |||
| Beta | 2.38 | |||
| Market Capitalization | 5.4 M | |||
| Total Asset | 6 K | |||
| Retained Earnings | (172 K) | |||
| Current Asset | 6 K | |||
| Current Liabilities | 121 K | |||
| Z Score | -11.6 |
Pair Trading with ISHS SP500
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 ISHS SP500 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 ISHS SP500 will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Leggett Platt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Leggett Platt 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 Leggett Platt - 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 Leggett Platt Incorporated to buy it.
The correlation of Leggett Platt 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 Leggett Platt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Leggett Platt 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 Leggett Platt 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 Risk vs Return Analysis 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 state. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in ISHS Etf
If you are still planning to invest in ISHS SP500 USD check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ISHS SP500's history and understand the potential risks before investing.
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