Why Fast-paced Mover iPower Is a Great Choice for Value Investors
| IPW Etf | USD 0.51 0.01 2.00% |
Slightly above 55% of IPower's sophisticated investors are presently thinking to get in. The analysis of current outlook of investing in iPower Inc suggests that some traders are interested regarding IPower's prospects. IPower's investing sentiment can be driven by a variety of factors including economic data, IPower's earnings reports, geopolitical events, and overall market trends.
IPower etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of IPower daily returns and investor perception about the current price of iPower Inc as well as its diversification or hedging effects on your existing portfolios.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, iPower could be a great choice. It is one of the several stocks that passed through our Fast-Paced Momentum at a Bargain screen.
Read at zacks.com
 |
IPower Fundamental Analysis
We analyze IPower's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IPower using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IPower 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.
Price To Book
Price To Book Comparative Analysis
IPower is currently under evaluation in price to book as compared to similar ETFs. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
iPower Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IPower etf to make a market-neutral strategy. Peer analysis of IPower could also be used in its relative valuation, which is a method of valuing IPower by comparing valuation metrics with similar companies.
Peers
IPower Related Equities
| LITB | LightInTheBox Holding | 15.70 | ||||
| WNW | Meiwu Technology | 4.02 | ||||
| NHTC | Natural Health | 2.43 | ||||
| JFBR | Jeffs Brands | 1.47 | ||||
| LQDT | Liquidity Services | 0.32 | ||||
| MOGU | MOGU | 0.46 | ||||
| YJ | Yunji | 0.63 | ||||
| HOUR | Hour Loop | 1.57 | ||||
| OCG | Oriental Culture | 4.17 |
Other Information on Investing in IPower Etf
IPower financial ratios help investors to determine whether IPower Etf 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 IPower with respect to the benefits of owning IPower security.