Juniper Group Etf Fundamentals
| JUNP Etf | USD 27.24 0.05 0.18% |
Juniper Group fundamentals help investors to digest information that contributes to Juniper's financial success or failures. It also enables traders to predict the movement of Juniper Etf. The fundamental analysis module provides a way to measure Juniper'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 Juniper etf.
Juniper |
Juniper Group ETF Net Asset Analysis
Juniper's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Juniper Net Asset | 1.12 M |
Most of Juniper's fundamental indicators, such as Net Asset, 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, Juniper Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Juniper Group has a Net Asset of 1.12 M. This is much higher than that of the Wireless Telecommunication Services family and significantly higher than that of the Communication Services category. The net asset for all United States etfs is notably lower than that of the firm.
Juniper Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Juniper's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Juniper could also be used in its relative valuation, which is a method of valuing Juniper by comparing valuation metrics of similar companies.Juniper is currently under evaluation in net asset as compared to similar ETFs.
Juniper Fundamentals
| Revenue | 2.36 M | ||||
| EBITDA | (1.86 M) | ||||
| Net Income | 3.7 M | ||||
| Cash And Equivalents | 1.69 K | ||||
| Total Debt | 2.93 M | ||||
| Current Ratio | 0.01 X | ||||
| Cash Flow From Operations | (740.19 K) | ||||
| Total Asset | 1.12 M | ||||
| Retained Earnings | (44.06 M) | ||||
| Net Asset | 1.12 M |
About Juniper Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Juniper Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Juniper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Juniper Group 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.Juniper Group Inc., through its subsidiaries, provides wireless infrastructure services primarily in the Eastern and Central United States. The company was founded in 1987 and is headquartered in Boca Raton, Florida. Juniper Grp operates under Movie Production, Theaters classification in USA and is traded on BATS Exchange. It employs 7 people.
Pair Trading with Juniper
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 Juniper 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 Juniper will appreciate offsetting losses from the drop in the long position's value.Moving together with Juniper Etf
Moving against Juniper Etf
| 0.84 | RCI | Rogers Communications | PairCorr |
| 0.81 | BCE | BCE Inc | PairCorr |
| 0.71 | PHI | PLDT Inc ADR | PairCorr |
| 0.68 | TU | Telus Corp | PairCorr |
| 0.58 | SKM | SK Telecom | PairCorr |
The ability to find closely correlated positions to Juniper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Juniper 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 Juniper - 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 Juniper Group to buy it.
The correlation of Juniper 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 Juniper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Juniper Group 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 Juniper 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.Other Information on Investing in Juniper Etf
Juniper financial ratios help investors to determine whether Juniper Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Juniper with respect to the benefits of owning Juniper security.