Oshares Global Internet Etf Price To Book
| OGIG Etf | USD 47.40 0.25 0.53% |
OShares Global Internet fundamentals help investors to digest information that contributes to OShares Global's financial success or failures. It also enables traders to predict the movement of OShares Etf. The fundamental analysis module provides a way to measure OShares Global'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 OShares Global etf.
OShares |
OShares Global Internet ETF Price To Book Analysis
OShares Global's 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.
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, OShares Global Internet has a Price To Book of 0.0 times. This is 100.0% lower than that of the ALPS family and about the same as Technology (which currently averages 0.0) category. The price to book for all United States etfs is 100.0% higher than that of the company.
OShares Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OShares Global's 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 OShares Global could also be used in its relative valuation, which is a method of valuing OShares Global by comparing valuation metrics of similar companies.OShares Global is currently under evaluation in price to book as compared to similar ETFs.
Fund Asset Allocation for OShares Global
The fund invests 99.94% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides OShares Global's 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.
OShares Fundamentals
| Number Of Employees | 637 | |||
| Beta | 1.09 | |||
| Total Asset | 176.66 M | |||
| One Year Return | 38.00 % | |||
| Three Year Return | (3.90) % | |||
| Five Year Return | 13.00 % | |||
| Net Asset | 176.66 M | |||
| Equity Positions Weight | 99.94 % |
About OShares Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze OShares Global Internet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OShares Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OShares Global Internet 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.
Currently Active Assets on Macroaxis
When determining whether OShares Global Internet is a strong investment it is important to analyze OShares Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OShares Global's future performance. For an informed investment choice regarding OShares Etf, refer to the following important reports:Check out OShares Global Piotroski F Score and OShares Global Altman Z Score analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of OShares Global Internet is measured differently than its book value, which is the value of OShares that is recorded on the company's balance sheet. Investors also form their own opinion of OShares Global's value that differs from its market value or its book value, called intrinsic value, which is OShares Global'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 OShares Global's market value can be influenced by many factors that don't directly affect OShares Global'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 OShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if OShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OShares Global'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.