VelocityShares Price To Book vs. Net Asset
Based on VelocityShares' profitability indicators, VelocityShares may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess VelocityShares' ability to earn profits and add value for shareholders.
Check out Investing Opportunities 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 metropolitan statistical area.
For VelocityShares profitability analysis, we use financial ratios and fundamental drivers that measure the ability of VelocityShares to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well VelocityShares utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between VelocityShares's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of VelocityShares over time as well as its relative position and ranking within its peers.
VelocityShares |
The market value of VelocityShares is measured differently than its book value, which is the value of VelocityShares that is recorded on the company's balance sheet. Investors also form their own opinion of VelocityShares' value that differs from its market value or its book value, called intrinsic value, which is VelocityShares' 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 VelocityShares' market value can be influenced by many factors that don't directly affect VelocityShares' 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 VelocityShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if VelocityShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VelocityShares' 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.
VelocityShares Net Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining VelocityShares's current stock value. Our valuation model uses many indicators to compare VelocityShares value to that of its competitors to determine the firm's financial worth. VelocityShares is one of the top ETFs in price to book as compared to similar ETFs. It also is one of the top ETFs in net asset as compared to similar ETFs making up about 1,168,950 of Net Asset per Price To Book. Comparative valuation analysis is a catch-all technique that is used if you cannot value VelocityShares 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.VelocityShares Net Asset vs. Price To Book
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.
VelocityShares |
| = | 2.19 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
VelocityShares |
| = | 2.56 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
VelocityShares Net Asset Comparison
VelocityShares is currently under evaluation in net asset as compared to similar ETFs.
VelocityShares Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in VelocityShares, profitability is also one of the essential criteria for including it into their portfolios because, without profit, VelocityShares will eventually generate negative long term returns. The profitability progress is the general direction of VelocityShares' change in net profit over the period of time. It can combine multiple indicators of VelocityShares, 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 investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Janus Equal Risk Weighted Large Cap Index .
VelocityShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on VelocityShares. 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 VelocityShares 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 VelocityShares' important profitability drivers and their relationship over time.
| Price To Book vs Price To Earning | ||
| Price To Sales vs Net Asset | ||
| Price To Book vs Annual Yield | ||
| Year To Date Return vs Net Asset | ||
| Price To Book vs One Year Return | ||
| Equity Positions Weight vs Net Asset |
Use VelocityShares 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 VelocityShares 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 VelocityShares will appreciate offsetting losses from the drop in the long position's value.VelocityShares Pair Trading
VelocityShares Pair Trading Analysis
The ability to find closely correlated positions to Procter Gamble could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Procter Gamble 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 Procter Gamble - 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 Procter Gamble to buy it.
The correlation of Procter Gamble 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 Procter Gamble moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Procter Gamble 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 Procter Gamble 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 VelocityShares position
In addition to having VelocityShares 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 Driverless Cars Thematic Idea Now
Driverless Cars
It encompasses large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries. These entities are directly or indirectly involved in shaping the development and marketing of self-driving vehicles. The Driverless Cars theme has 36 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 Driverless Cars Theme or any other thematic opportunities.
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Check out Investing Opportunities 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 metropolitan statistical area. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Tools for VelocityShares Etf
When running VelocityShares' price analysis, check to measure VelocityShares' 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 VelocityShares is operating at the current time. Most of VelocityShares' value examination focuses on studying past and present price action to predict the probability of VelocityShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VelocityShares' price. Additionally, you may evaluate how the addition of VelocityShares to your portfolios can decrease your overall portfolio volatility.
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