Chn Strs Price To Sales vs. Price To Book
| GRSIX Fund | USD 9.59 0.08 0.84% |
For Chn Strs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chn Strs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chn Strs Insti utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chn Strs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chn Strs Insti over time as well as its relative position and ranking within its peers.
Chn |
Chn Strs Insti Price To Book vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chn Strs's current stock value. Our valuation model uses many indicators to compare Chn Strs value to that of its competitors to determine the firm's financial worth. Chn Strs Insti is rated # 5 fund in price to sales among similar funds. It is rated below average in price to book among similar funds fabricating about 0.27 of Price To Book per Price To Sales. The ratio of Price To Sales to Price To Book for Chn Strs Insti is roughly 3.70 . 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 Chn Strs' earnings, one of the primary drivers of an investment's value.Chn Price To Book 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.
Chn Strs |
| = | 5.44 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.
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.
Chn Strs |
| = | 1.47 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.
Chn Price To Book Comparison
Chn Strs is rated below average in price to book among similar funds.
Chn Strs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chn Strs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chn Strs will eventually generate negative long term returns. The profitability progress is the general direction of Chn Strs' change in net profit over the period of time. It can combine multiple indicators of Chn Strs, 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 seeks to invest at least 80 percent of its net assets, plus borrowings for investment purposes, in publicly traded equity securities of global renewables and sustainable infrastructure companies listed on a domestic or foreign exchange, throughout the world, including the U.S. The funds investments in GRSI companies include equity securities of U.S. and non-U.S. companies that have at least 50 percent of their assets, income, earnings, sales, or profits committed to, or derived from renewables and sustainable infrastructure.
Chn Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chn Strs. 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 Chn Strs 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 Chn Strs' important profitability drivers and their relationship over time.
Use Chn Strs 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 Chn Strs 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 Chn Strs will appreciate offsetting losses from the drop in the long position's value.Chn Strs Pair Trading
Chn Strs Insti Pair Trading Analysis
The ability to find closely correlated positions to Chn Strs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chn Strs 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 Chn Strs - 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 Chn Strs Insti to buy it.
The correlation of Chn Strs 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 Chn Strs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chn Strs Insti 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 Chn Strs 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 Chn Strs position
In addition to having Chn Strs 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?
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Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 37 constituents at this time.
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Other Information on Investing in Chn Mutual Fund
To fully project Chn Strs' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chn Strs Insti 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 Chn Strs' income statement, its balance sheet, and the statement of cash flows.
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