VanEck Israel Beta vs. Price To Earning
| ISRA Etf | USD 44.01 0.44 1.01% |
For VanEck Israel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of VanEck Israel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well VanEck Israel ETF utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between VanEck Israel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of VanEck Israel ETF over time as well as its relative position and ranking within its peers.
VanEck |
The market value of VanEck Israel ETF is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Israel's value that differs from its market value or its book value, called intrinsic value, which is VanEck Israel'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 VanEck Israel's market value can be influenced by many factors that don't directly affect VanEck Israel'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 VanEck Israel's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Israel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Israel'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.
VanEck Israel ETF Price To Earning vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Israel's current stock value. Our valuation model uses many indicators to compare VanEck Israel value to that of its competitors to determine the firm's financial worth. VanEck Israel ETF is rated third overall ETF in beta as compared to similar ETFs. It is rated second overall ETF in price to earning as compared to similar ETFs reporting about 15.43 of Price To Earning per Beta. 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 VanEck Israel's earnings, one of the primary drivers of an investment's value.VanEck Price To Earning 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.
VanEck Israel |
| = | 0.98 |
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.
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.
VanEck Israel |
| = | 15.12 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.
VanEck Price To Earning Comparison
VanEck Israel is currently under evaluation in price to earning as compared to similar ETFs.
Beta Analysis
VanEck Israel returns are very sensitive to returns on the market. As the market goes up or down, VanEck Israel is expected to follow.
VanEck Israel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in VanEck Israel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, VanEck Israel will eventually generate negative long term returns. The profitability progress is the general direction of VanEck Israel's change in net profit over the period of time. It can combine multiple indicators of VanEck Israel, 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 its total assets in securities that comprise the funds benchmark index. Vaneck Israel is traded on NYSEARCA Exchange in the United States.
VanEck Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on VanEck Israel. 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 VanEck Israel 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 VanEck Israel's important profitability drivers and their relationship over time.
Use VanEck Israel 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 VanEck Israel 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 VanEck Israel will appreciate offsetting losses from the drop in the long position's value.VanEck Israel Pair Trading
VanEck Israel ETF Pair Trading Analysis
The ability to find closely correlated positions to VanEck Israel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VanEck Israel 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 VanEck Israel - 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 VanEck Israel ETF to buy it.
The correlation of VanEck Israel 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 VanEck Israel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VanEck Israel ETF 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 VanEck Israel 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 VanEck Israel position
In addition to having VanEck Israel 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 Electronic Equipment Thematic Idea Now
Electronic Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electronic Equipment theme has 61 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 Electronic Equipment Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
To fully project VanEck Israel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of VanEck Israel ETF 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 VanEck Israel's income statement, its balance sheet, and the statement of cash flows.