Ft Cboe Vest Etf Price To Earning
| QMAR Etf | USD 29.66 0.15 0.51% |
FT Cboe Vest fundamentals help investors to digest information that contributes to FT Cboe's financial success or failures. It also enables traders to predict the movement of QMAR Etf. The fundamental analysis module provides a way to measure FT Cboe'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 FT Cboe etf.
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FT Cboe Vest ETF Price To Earning Analysis
FT Cboe's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current FT Cboe Price To Earning | 23.45 X |
Most of FT Cboe's fundamental indicators, such as Price To Earning, 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, FT Cboe Vest is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, FT Cboe Vest has a Price To Earning of 23.45 times. This is much higher than that of the First Trust family and significantly higher than that of the Defined Outcome category. The price to earning for all United States etfs is notably lower than that of the firm.
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Fund Asset Allocation for FT Cboe
The fund consists of 98.91% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides FT Cboe'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.
QMAR Fundamentals
| Return On Asset | 0.042 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.64 % | |||
| Current Valuation | 1.92 B | |||
| Shares Outstanding | 54.68 M | |||
| Price To Earning | 23.45 X | |||
| Price To Book | 2.84 X | |||
| Price To Sales | 5.32 X | |||
| Revenue | 236.4 M | |||
| Gross Profit | 184.99 M | |||
| EBITDA | 150.27 M | |||
| Net Income | 53.77 M | |||
| Cash And Equivalents | 115.96 M | |||
| Cash Per Share | 0.44 X | |||
| Total Debt | 689.82 M | |||
| Debt To Equity | 1.61 % | |||
| Current Ratio | 1.12 X | |||
| Cash Flow From Operations | 147.9 M | |||
| Earnings Per Share | 0.95 X | |||
| Beta | 0.72 | |||
| Market Capitalization | 1.32 B | |||
| Total Asset | 42.67 M | |||
| Retained Earnings | (28.39 M) | |||
| Working Capital | 12.95 M | |||
| Current Asset | 123.21 M | |||
| Current Liabilities | 110.26 M | |||
| One Year Return | 17.60 % | |||
| Three Year Return | 9.70 % | |||
| Net Asset | 42.67 M | |||
| Equity Positions Weight | 98.91 % |
About FT Cboe Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FT Cboe Vest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FT Cboe using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FT Cboe Vest 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.
Pair Trading with FT Cboe
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 FT Cboe 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 FT Cboe will appreciate offsetting losses from the drop in the long position's value.Moving together with QMAR Etf
| 0.99 | BUFR | First Trust Cboe | PairCorr |
| 0.98 | BUFD | FT Cboe Vest | PairCorr |
| 0.99 | PSEP | Innovator SP 500 | PairCorr |
| 0.98 | PJAN | Innovator SP 500 | PairCorr |
The ability to find closely correlated positions to FT Cboe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FT Cboe 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 FT Cboe - 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 FT Cboe Vest to buy it.
The correlation of FT Cboe 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 FT Cboe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FT Cboe Vest 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 FT Cboe 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 FT Cboe Piotroski F Score and FT Cboe Altman Z Score analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of FT Cboe Vest is measured differently than its book value, which is the value of QMAR that is recorded on the company's balance sheet. Investors also form their own opinion of FT Cboe's value that differs from its market value or its book value, called intrinsic value, which is FT Cboe'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 FT Cboe's market value can be influenced by many factors that don't directly affect FT Cboe'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 FT Cboe's value and its price as these two are different measures arrived at by different means. Investors typically determine if FT Cboe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FT Cboe'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.