Madison Covered Revenue vs. Price To Earning
| MCN Etf | USD 7.09 0.06 0.85% |
For Madison Covered profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Madison Covered to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Madison Covered Call utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Madison Covered's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Madison Covered Call over time as well as its relative position and ranking within its peers.
Madison |
The market value of Madison Covered Call is measured differently than its book value, which is the value of Madison that is recorded on the company's balance sheet. Investors also form their own opinion of Madison Covered's value that differs from its market value or its book value, called intrinsic value, which is Madison Covered'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 Madison Covered's market value can be influenced by many factors that don't directly affect Madison Covered'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 Madison Covered's value and its price as these two are different measures arrived at by different means. Investors typically determine if Madison Covered is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Madison Covered'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.
Madison Covered Call Price To Earning vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Madison Covered's current stock value. Our valuation model uses many indicators to compare Madison Covered value to that of its competitors to determine the firm's financial worth. Madison Covered Call is regarded fifth largest ETF in revenue as compared to similar ETFs. It is rated below average in price to earning as compared to similar ETFs . The ratio of Revenue to Price To Earning for Madison Covered Call is about 145,352 . 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 Madison Covered's earnings, one of the primary drivers of an investment's value.Madison Price To Earning vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Madison Covered |
| = | 2.33 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Madison Covered |
| = | 16.03 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.
Madison Price To Earning Comparison
Madison Covered is currently under evaluation in price to earning as compared to similar ETFs.
Madison Covered Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Madison Covered, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Madison Covered will eventually generate negative long term returns. The profitability progress is the general direction of Madison Covered's change in net profit over the period of time. It can combine multiple indicators of Madison Covered, 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.
Madison Covered Call Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios , financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE SP 500 BuyWrite Index. The fund conducts in-house research to make its investments. It was formerly known as MadisonClaymore Covered Call Equity Strategy Fund. Madison Covered Call Equity Strategy Fund was formed on May 6, 2004 and is domiciled in the United States.
Madison Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Madison Covered. 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 Madison Covered 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 Madison Covered's important profitability drivers and their relationship over time.
Use Madison Covered 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 Madison Covered 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 Madison Covered will appreciate offsetting losses from the drop in the long position's value.Madison Covered Pair Trading
Madison Covered Call Pair Trading Analysis
The ability to find closely correlated positions to Madison Covered could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Madison Covered 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 Madison Covered - 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 Madison Covered Call to buy it.
The correlation of Madison Covered 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 Madison Covered moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Madison Covered Call 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 Madison Covered 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 Madison Covered position
In addition to having Madison Covered 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 Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 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 Disruptive Technologies Theme or any other thematic opportunities.
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Other Information on Investing in Madison Etf
To fully project Madison Covered's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Madison Covered Call 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 Madison Covered's income statement, its balance sheet, and the statement of cash flows.