Exchange Traded Price To Sales vs. One Year Return
Based on the measurements of profitability obtained from Exchange Traded's financial statements, Exchange Traded Concepts may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in March. Profitability indicators assess Exchange Traded's ability to earn profits and add value for shareholders.
Check out Trending Equities 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 bureau of labor statistics.
For Exchange Traded profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Exchange Traded to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Exchange Traded Concepts utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Exchange Traded's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Exchange Traded Concepts over time as well as its relative position and ranking within its peers.
Exchange |
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.
Exchange Traded Concepts One Year Return vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Exchange Traded's current stock value. Our valuation model uses many indicators to compare Exchange Traded value to that of its competitors to determine the firm's financial worth. Exchange Traded Concepts is the top ETF in price to sales as compared to similar ETFs. It also is the top ETF in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Exchange Traded by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Exchange One Year Return vs. Price To Sales
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.
Exchange Traded |
| = | 2.40 X |
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.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Exchange Traded |
| = | (28.33) % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Exchange One Year Return Comparison
Exchange Traded is currently under evaluation in one year return as compared to similar ETFs.
Exchange Traded Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Exchange Traded, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Exchange Traded will eventually generate negative long term returns. The profitability progress is the general direction of Exchange Traded's change in net profit over the period of time. It can combine multiple indicators of Exchange Traded, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in securities of Asian issuers. Asian Growth is traded on NYSEARCA Exchange in the United States.
Exchange Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Exchange Traded. 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 Exchange Traded 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 Exchange Traded's important profitability drivers and their relationship over time.
| Price To Sales vs Price To Earning | ||
| Price To Book vs One Year Return | ||
| Price To Sales vs Beta | ||
| Net Asset vs One Year Return | ||
| Price To Sales vs Equity Positions Weight |
Use Exchange Traded 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 Exchange Traded 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 Exchange Traded will appreciate offsetting losses from the drop in the long position's value.Exchange Traded Pair Trading
Exchange Traded Concepts Pair Trading Analysis
The ability to find closely correlated positions to Yum Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yum Brands 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 Yum Brands - 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 Yum Brands to buy it.
The correlation of Yum Brands 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 Yum Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yum Brands 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 Yum Brands 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 Exchange Traded position
In addition to having Exchange Traded 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 Broad Market ETFs Thematic Idea Now
Broad Market ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Market ETFs theme has 71 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 Broad Market ETFs Theme or any other thematic opportunities.
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Check out Trending Equities 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 bureau of labor statistics. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Tools for Exchange Etf
When running Exchange Traded's price analysis, check to measure Exchange Traded's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exchange Traded is operating at the current time. Most of Exchange Traded's value examination focuses on studying past and present price action to predict the probability of Exchange Traded's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exchange Traded's price. Additionally, you may evaluate how the addition of Exchange Traded to your portfolios can decrease your overall portfolio volatility.
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