Viix Etf Price To Sales
VIIX Etf | USD 3.15 0.00 0.00% |
VIIX fundamentals help investors to digest information that contributes to VIIX's financial success or failures. It also enables traders to predict the movement of VIIX Etf. The fundamental analysis module provides a way to measure VIIX'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 VIIX etf.
VIIX |
VIIX ETF Price To Sales Analysis
VIIX'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.
CompetitionBased on the latest financial disclosure, VIIX has a Price To Sales of 0.0 times. This indicator is about the same for the Credit Suisse AG average (which is currently at 0.0) family and about the same as Trading--Miscellaneous (which currently averages 0.0) category. The price to sales for all United States etfs is 100.0% higher than that of the company.
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VIIX Fundamentals
Number Of Employees | 164 | |||
Beta | 26.78 | |||
Total Asset | 50.95 M | |||
Three Year Return | 23.20 % | |||
Five Year Return | 0.40 % | |||
Ten Year Return | (33.50) % | |||
Net Asset | 50.95 M |
About VIIX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VIIX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VIIX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VIIX 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 VIIX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VIIX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Viix Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Viix Etf:Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of VIIX is measured differently than its book value, which is the value of VIIX that is recorded on the company's balance sheet. Investors also form their own opinion of VIIX's value that differs from its market value or its book value, called intrinsic value, which is VIIX'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 VIIX's market value can be influenced by many factors that don't directly affect VIIX'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 VIIX's value and its price as these two are different measures arrived at by different means. Investors typically determine if VIIX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VIIX'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.