Trx Renda Fundo Fund Book Value Per Share
| TRXF11 Fund | BRL 102.80 1.01 0.99% |
TRX Renda Fundo fundamentals help investors to digest information that contributes to TRX Renda's financial success or failures. It also enables traders to predict the movement of TRX Fund. The fundamental analysis module provides a way to measure TRX Renda'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 TRX Renda fund.
TRX |
TRX Renda Fundo Fund Book Value Per Share Analysis
TRX Renda's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
In accordance with the recently published financial statements, the book value per share of TRX Renda Fundo is about 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Book Value Per Share (which currently averages 0.0) category. This indicator is about the same for all Brazil funds average (which is currently at 0.0).
TRX Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TRX Renda's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of TRX Renda could also be used in its relative valuation, which is a method of valuing TRX Renda by comparing valuation metrics of similar companies.TRX Renda is currently under evaluation in book value per share among similar funds.
About TRX Renda Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TRX Renda Fundo's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TRX Renda using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TRX Renda Fundo based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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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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.Other Information on Investing in TRX Fund
TRX Renda financial ratios help investors to determine whether TRX Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TRX with respect to the benefits of owning TRX Renda security.
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