Laffertengler Equity Income Etf EBITDA
| TGLR Etf | 30.93 0.09 0.29% |
LAFFERTENGLER Equity Income fundamentals help investors to digest information that contributes to LAFFERTENGLER Equity's financial success or failures. It also enables traders to predict the movement of LAFFERTENGLER Etf. The fundamental analysis module provides a way to measure LAFFERTENGLER Equity'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 LAFFERTENGLER Equity etf.
LAFFERTENGLER |
LAFFERTENGLER Equity Income ETF EBITDA Analysis
LAFFERTENGLER Equity's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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According to the company disclosure, LAFFERTENGLER Equity Income reported earnings before interest,tax, depreciation and amortization of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Large Value (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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About LAFFERTENGLER Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LAFFERTENGLER Equity Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LAFFERTENGLER Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LAFFERTENGLER Equity Income 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 LAFFERTENGLER Equity
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 LAFFERTENGLER Equity 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 LAFFERTENGLER Equity will appreciate offsetting losses from the drop in the long position's value.Moving together with LAFFERTENGLER Etf
| 0.96 | VTV | Vanguard Value Index | PairCorr |
| 0.97 | VYM | Vanguard High Dividend | PairCorr |
| 0.95 | IWD | iShares Russell 1000 | PairCorr |
| 0.96 | DGRO | iShares Core Dividend | PairCorr |
| 0.93 | IVE | iShares SP 500 | PairCorr |
Moving against LAFFERTENGLER Etf
| 0.96 | FNGD | MicroSectors FANG Index | PairCorr |
| 0.59 | HUM | Humana Inc Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to LAFFERTENGLER Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LAFFERTENGLER Equity 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 LAFFERTENGLER Equity - 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 LAFFERTENGLER Equity Income to buy it.
The correlation of LAFFERTENGLER Equity 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 LAFFERTENGLER Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LAFFERTENGLER Equity 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 LAFFERTENGLER Equity 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 LAFFERTENGLER Equity Piotroski F Score and LAFFERTENGLER Equity Altman Z Score analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of LAFFERTENGLER Equity is measured differently than its book value, which is the value of LAFFERTENGLER that is recorded on the company's balance sheet. Investors also form their own opinion of LAFFERTENGLER Equity's value that differs from its market value or its book value, called intrinsic value, which is LAFFERTENGLER Equity'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 LAFFERTENGLER Equity's market value can be influenced by many factors that don't directly affect LAFFERTENGLER Equity'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 LAFFERTENGLER Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if LAFFERTENGLER Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LAFFERTENGLER Equity'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.