Tradr 2x Long Etf Fundamentals
| SPYB Etf | USD 27.96 0.37 1.34% |
Tradr 2X Long fundamentals help investors to digest information that contributes to Tradr 2X's financial success or failures. It also enables traders to predict the movement of Tradr Etf. The fundamental analysis module provides a way to measure Tradr 2X'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 Tradr 2X etf.
Tradr |
Tradr 2X Long ETF Price To Earning Analysis
Tradr 2X'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 Tradr 2X Price To Earning | 16.32 X |
Most of Tradr 2X'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, Tradr 2X Long 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, Tradr 2X Long has a Price To Earning of 16.32 times. This is 140.0% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Trading--Leveraged Equity category. The price to earning for all United States etfs is notably lower than that of the firm.
Tradr 2X Long Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tradr 2X's current stock value. Our valuation model uses many indicators to compare Tradr 2X value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tradr 2X competition to find correlations between indicators driving Tradr 2X's intrinsic value. More Info.Tradr 2X Long is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Tradr 2X Long is roughly 6.30 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tradr 2X's earnings, one of the primary drivers of an investment's value.Did you try this?
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Fund Asset Allocation for Tradr 2X
The fund invests 99.64% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Tradr 2X'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.
Tradr Fundamentals
| Price To Earning | 16.32 X | |||
| Price To Book | 2.59 X | |||
| Price To Sales | 1.17 X | |||
| Number Of Employees | 349 | |||
| Total Asset | 16.2 M | |||
| One Year Return | (2.17) % | |||
| Three Year Return | 4.54 % | |||
| Five Year Return | 5.08 % | |||
| Net Asset | 16.2 M | |||
| Last Dividend Paid | 0.3 | |||
| Equity Positions Weight | 99.64 % |
About Tradr 2X Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tradr 2X Long's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tradr 2X using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tradr 2X Long 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.The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SP 500 Buyback Index that tracks the performance of publicly traded issuers that have a high buyback ratio. SPDR SP is traded on PCX Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tradr 2X Long is a strong investment it is important to analyze Tradr 2X'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 Tradr 2X's future performance. For an informed investment choice regarding Tradr Etf, refer to the following important reports:Check out Tradr 2X Piotroski F Score and Tradr 2X Altman Z Score analysis. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Tradr 2X Long is measured differently than its book value, which is the value of Tradr that is recorded on the company's balance sheet. Investors also form their own opinion of Tradr 2X's value that differs from its market value or its book value, called intrinsic value, which is Tradr 2X'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 Tradr 2X's market value can be influenced by many factors that don't directly affect Tradr 2X'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 Tradr 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tradr 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tradr 2X'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.