Construction And Price To Book vs. Price To Earning
| FSHOX Fund | USD 137.42 0.37 0.27% |
For Construction And profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Construction And to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Construction And Housing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Construction And's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Construction And Housing over time as well as its relative position and ranking within its peers.
Construction |
Construction And Housing Price To Earning vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Construction And's current stock value. Our valuation model uses many indicators to compare Construction And value to that of its competitors to determine the firm's financial worth. Construction And Housing is one of the top funds in price to book among similar funds. It also is one of the top funds in price to earning among similar funds reporting about 5.08 of Price To Earning per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Construction And's earnings, one of the primary drivers of an investment's value.Construction Price To Earning 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.
Construction And |
| = | 3.54 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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Construction And |
| = | 17.99 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Construction Price To Earning Comparison
Construction is currently under evaluation in price to earning among similar funds.
Construction And Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Construction And, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Construction And will eventually generate negative long term returns. The profitability progress is the general direction of Construction And's change in net profit over the period of time. It can combine multiple indicators of Construction And, 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 normally invests at least 80 percent of assets in securities of companies principally engaged in the design and construction of residential, commercial, industrial, and public works facilities, as well as companies engaged in the manufacture, supply, distribution, or sale of construction and housing products or services. It invests in domestic and foreign issuers. The fund uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions to select investments. It invests primarily in common stocks. The fund is non-diversified.
Construction Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Construction And. 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 Construction And 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 Construction And's important profitability drivers and their relationship over time.
Use Construction And 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 Construction And 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 Construction And will appreciate offsetting losses from the drop in the long position's value.Construction And Pair Trading
Construction And Housing Pair Trading Analysis
The ability to find closely correlated positions to Construction And could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Construction And 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 Construction And - 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 Construction And Housing to buy it.
The correlation of Construction And 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 Construction And moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Construction And Housing 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 Construction And 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 Construction And position
In addition to having Construction And 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 Steel Works Etc Thematic Idea Now
Steel Works Etc
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Steel Works Etc theme has 54 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 Steel Works Etc Theme or any other thematic opportunities.
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Other Information on Investing in Construction Mutual Fund
To fully project Construction And's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Construction And Housing 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 Construction And's income statement, its balance sheet, and the statement of cash flows.
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