Flexshares Iboxx 3 Year Etf Price To Earning
TDTT Etf | USD 23.82 0.04 0.17% |
FlexShares iBoxx 3 Year fundamentals help investors to digest information that contributes to FlexShares IBoxx's financial success or failures. It also enables traders to predict the movement of FlexShares Etf. The fundamental analysis module provides a way to measure FlexShares IBoxx'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 FlexShares IBoxx etf.
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FlexShares iBoxx 3 Year ETF Price To Earning Analysis
FlexShares IBoxx'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.
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.
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Based on the latest financial disclosure, FlexShares iBoxx 3 Year has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Flexshares Trust family and about the same as Short-Term Inflation-Protected Bond (which currently averages 0.0) category. The price to earning for all United States etfs is 100.0% higher than that of the company.
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FlexShares Fundamentals
Number Of Employees | 197 | |||
Beta | 0.42 | |||
Total Asset | 2.14 B | |||
One Year Return | 6.30 % | |||
Three Year Return | 1.20 % | |||
Five Year Return | 3.30 % | |||
Ten Year Return | 2.30 % | |||
Net Asset | 2.14 B | |||
Last Dividend Paid | 0.0946 |
About FlexShares IBoxx Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FlexShares iBoxx 3 Year's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FlexShares IBoxx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FlexShares iBoxx 3 Year 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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Check out FlexShares IBoxx Piotroski F Score and FlexShares IBoxx Altman Z Score analysis. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of FlexShares iBoxx 3 is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares IBoxx's value that differs from its market value or its book value, called intrinsic value, which is FlexShares IBoxx'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 FlexShares IBoxx's market value can be influenced by many factors that don't directly affect FlexShares IBoxx'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 FlexShares IBoxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares IBoxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares IBoxx'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.