Angel Oak Ultrashort Etf Price To Sales
| UYLD Etf | USD 51.07 0.01 0.02% |
Angel Oak Ultrashort fundamentals help investors to digest information that contributes to Angel Oak's financial success or failures. It also enables traders to predict the movement of Angel Etf. The fundamental analysis module provides a way to measure Angel Oak'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 Angel Oak etf.
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Angel Oak Ultrashort ETF Price To Sales Analysis
Angel Oak's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, Angel Oak Ultrashort has a Price To Sales of 0.0 times. This indicator is about the same for the Angel Oak average (which is currently at 0.0) family and about the same as Ultrashort Bond (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Angel Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Angel Oak's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Angel Oak could also be used in its relative valuation, which is a method of valuing Angel Oak by comparing valuation metrics of similar companies.Angel Oak is currently under evaluation in price to sales as compared to similar ETFs.
Angel Fundamentals
| Total Asset | 35.03 M | |||
| One Year Return | 6.90 % | |||
| Net Asset | 35.03 M |
About Angel Oak Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Angel Oak Ultrashort's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Angel Oak using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Angel Oak Ultrashort 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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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 Angel Oak Ultrashort is a strong investment it is important to analyze Angel Oak'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 Angel Oak's future performance. For an informed investment choice regarding Angel Etf, refer to the following important reports:Check out Angel Oak Piotroski F Score and Angel Oak Altman Z Score analysis. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Angel Oak Ultrashort is measured differently than its book value, which is the value of Angel that is recorded on the company's balance sheet. Investors also form their own opinion of Angel Oak's value that differs from its market value or its book value, called intrinsic value, which is Angel Oak'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 Angel Oak's market value can be influenced by many factors that don't directly affect Angel Oak'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 Angel Oak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Angel Oak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Angel Oak'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.