Us Treasury 7 Etf Price To Earnings To Growth
| USVN Etf | 48.08 0.19 0.40% |
US Treasury 7 fundamentals help investors to digest information that contributes to US Treasury's financial success or failures. It also enables traders to predict the movement of USVN Etf. The fundamental analysis module provides a way to measure US Treasury'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 US Treasury etf.
USVN |
US Treasury 7 ETF Price To Earnings To Growth Analysis
US Treasury's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, US Treasury 7 has a Price To Earnings To Growth of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Intermediate Government (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Did you try this?
Run Equity Valuation Now
Equity ValuationCheck real value of public entities based on technical and fundamental data |
| All Next | Launch Module |
About US Treasury Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze US Treasury 7's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of US Treasury using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of US Treasury 7 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 US Treasury
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 US Treasury 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 US Treasury will appreciate offsetting losses from the drop in the long position's value.Moving together with USVN Etf
| 1.0 | GOVT | iShares Treasury Bond | PairCorr |
| 0.99 | MBB | iShares MBS ETF | PairCorr |
| 1.0 | IEI | iShares 3 7 | PairCorr |
| 1.0 | SPTI | SPDR Portfolio Inter | PairCorr |
| 0.99 | SPMB | SPDR Portfolio Mortgage | PairCorr |
Moving against USVN Etf
| 0.85 | BST | BlackRock Science Tech | PairCorr |
| 0.79 | ARKW | ARK Next Generation | PairCorr |
| 0.78 | BTC | Grayscale Bitcoin Mini | PairCorr |
| 0.65 | ETH | Grayscale Ethereum Mini | PairCorr |
| 0.61 | EWC | iShares MSCI Canada | PairCorr |
The ability to find closely correlated positions to US Treasury could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace US Treasury 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 US Treasury - 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 US Treasury 7 to buy it.
The correlation of US Treasury 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 US Treasury moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if US Treasury 7 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 US Treasury 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 US Treasury Piotroski F Score and US Treasury Altman Z Score analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of US Treasury 7 is measured differently than its book value, which is the value of USVN that is recorded on the company's balance sheet. Investors also form their own opinion of US Treasury's value that differs from its market value or its book value, called intrinsic value, which is US Treasury'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 US Treasury's market value can be influenced by many factors that don't directly affect US Treasury'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 US Treasury's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Treasury is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Treasury'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.