Kohls Q2 Earnings Profit Beat, Inventory Decline, Margin Growth And More
| WBIY Etf | USD 32.42 0.00 0.00% |
Slightly above 55% of WBI Power's investor base is interested to short. The current sentiment regarding investing in WBI Power Factor etf implies that many traders are impartial. WBI Power's investing sentiment can be driven by a variety of factors including economic data, WBI Power's earnings reports, geopolitical events, and overall market trends.
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Kohls Corp reported higher Q2 earnings, with net sales down 4.2, gross margin up 59 basis points, and EPS of 0.59 beating estimates. The company also raised its FY24 EPS outlook and sees a decline in sales and comparable sales. Kohls plans to continue investing in growth areas and capitalize on new opportunities.
Read at benzinga.com
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WBI Power Fundamental Analysis
We analyze WBI Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WBI Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WBI Power 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
WBI Power is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
WBI Power Factor 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 WBI Power etf to make a market-neutral strategy. Peer analysis of WBI Power could also be used in its relative valuation, which is a method of valuing WBI Power by comparing valuation metrics with similar companies.
Peers
WBI Power Related Equities
| COWZ | Pacer Cash | 0.46 | ||||
| DON | WisdomTree MidCap | 0.24 | ||||
| IJJ | IShares SP | 0.20 | ||||
| SDY | SPDR SP | 0.17 | ||||
| ONEY | SPDR Russell | 0.16 | ||||
| VOE | Vanguard Mid | 0.13 | ||||
| PEY | Invesco High | 0.13 | ||||
| MDYV | SPDR SP | 0.13 | ||||
| IVOV | Vanguard | 0.05 | ||||
| IWS | IShares Russell | 0.00 |
Check out WBI Power Hype Analysis, WBI Power Correlation and WBI Power Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of WBI Power Factor is measured differently than its book value, which is the value of WBI that is recorded on the company's balance sheet. Investors also form their own opinion of WBI Power's value that differs from its market value or its book value, called intrinsic value, which is WBI Power'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 WBI Power's market value can be influenced by many factors that don't directly affect WBI Power'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 WBI Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if WBI Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WBI Power'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.