Vaneck Preferred Securities Etf Price To Sales
| PFXF Etf | USD 17.99 0.10 0.55% |
VanEck Preferred Securities fundamentals help investors to digest information that contributes to VanEck Preferred's financial success or failures. It also enables traders to predict the movement of VanEck Etf. The fundamental analysis module provides a way to measure VanEck Preferred'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 VanEck Preferred etf.
VanEck |
VanEck Preferred Securities ETF Price To Sales Analysis
VanEck Preferred's 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 VanEck Preferred Price To Sales | 1.29 X |
Most of VanEck Preferred's 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, VanEck Preferred Securities 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.
| Competition |
Based on the latest financial disclosure, VanEck Preferred Securities has a Price To Sales of 1.29 times. This is 316.13% higher than that of the VanEck family and significantly higher than that of the Preferred Stock category. The price to sales for all United States etfs is notably lower than that of the firm.
VanEck Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck Preferred's 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 VanEck Preferred could also be used in its relative valuation, which is a method of valuing VanEck Preferred by comparing valuation metrics of similar companies.VanEck Preferred is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for VanEck Preferred
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks.Asset allocation divides VanEck Preferred'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.
VanEck Fundamentals
| Price To Earning | 7.95 X | |||
| Price To Book | 1.46 X | |||
| Price To Sales | 1.29 X | |||
| Number Of Employees | 220 | |||
| Beta | 1.31 | |||
| Total Asset | 933.1 M | |||
| One Year Return | 16.30 % | |||
| Three Year Return | 1.00 % | |||
| Five Year Return | 4.00 % | |||
| Ten Year Return | 4.60 % | |||
| Net Asset | 933.1 M | |||
| Last Dividend Paid | 0.0949 | |||
| Equity Positions Weight | 16.16 % |
About VanEck Preferred Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck Preferred Securities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Preferred using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Preferred Securities 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.
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When determining whether VanEck Preferred Sec is a strong investment it is important to analyze VanEck Preferred'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 VanEck Preferred's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:Check out VanEck Preferred Piotroski F Score and VanEck Preferred Altman Z Score analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of VanEck Preferred Sec is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Preferred's value that differs from its market value or its book value, called intrinsic value, which is VanEck Preferred'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 VanEck Preferred's market value can be influenced by many factors that don't directly affect VanEck Preferred'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 VanEck Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Preferred'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.