Aberdeen Income Beta vs. Book Value Per Share
| ACP-PA Preferred Stock | 23.30 0.39 1.65% |
For Aberdeen Income profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aberdeen Income to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aberdeen Income Credit utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aberdeen Income's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aberdeen Income Credit over time as well as its relative position and ranking within its peers.
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Aberdeen Income Credit Book Value Per Share vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aberdeen Income's current stock value. Our valuation model uses many indicators to compare Aberdeen Income value to that of its competitors to determine the firm's financial worth. Aberdeen Income Credit is rated third in beta category among its peers. It also is rated third in book value per share category among its peers creating about 6.67 of Book Value Per Share per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Aberdeen Income by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aberdeen Income's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Aberdeen Book Value Per Share vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Aberdeen Income |
| = | 1.01 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Aberdeen Income |
| = | 6.71 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Aberdeen Book Value Per Share Comparison
Aberdeen Income is currently under evaluation in book value per share category among its peers.
Beta Analysis
Aberdeen Income returns are very sensitive to returns on the market. As the market goes up or down, Aberdeen Income is expected to follow.
Aberdeen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aberdeen Income. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Aberdeen Income position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Aberdeen Income's important profitability drivers and their relationship over time.
Use Aberdeen Income in pair-trading
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 Aberdeen Income 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 Aberdeen Income will appreciate offsetting losses from the drop in the long position's value.Aberdeen Income Pair Trading
Aberdeen Income Credit Pair Trading Analysis
The ability to find closely correlated positions to Aberdeen Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aberdeen Income 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 Aberdeen Income - 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 Aberdeen Income Credit to buy it.
The correlation of Aberdeen Income 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 Aberdeen Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aberdeen Income Credit 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 Aberdeen Income 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.Use Investing Themes to Complement your Aberdeen Income position
In addition to having Aberdeen Income in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Corporate ETFs Thematic Idea Now
Corporate ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Corporate ETFs theme has 222 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Aberdeen Preferred Stock
To fully project Aberdeen Income's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aberdeen Income Credit at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Aberdeen Income's income statement, its balance sheet, and the statement of cash flows.