VictoryShares WestEnd Gross Profit vs. Cash Flow From Operations
| MODL Etf | USD 41.28 0.21 0.51% |
For VictoryShares WestEnd profitability analysis, we use financial ratios and fundamental drivers that measure the ability of VictoryShares WestEnd to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well VictoryShares WestEnd Sector utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between VictoryShares WestEnd's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of VictoryShares WestEnd Sector over time as well as its relative position and ranking within its peers.
VictoryShares |
The market value of VictoryShares WestEnd is measured differently than its book value, which is the value of VictoryShares that is recorded on the company's balance sheet. Investors also form their own opinion of VictoryShares WestEnd's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares WestEnd'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 VictoryShares WestEnd's market value can be influenced by many factors that don't directly affect VictoryShares WestEnd'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 VictoryShares WestEnd's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares WestEnd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares WestEnd'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.
VictoryShares WestEnd Cash Flow From Operations vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining VictoryShares WestEnd's current stock value. Our valuation model uses many indicators to compare VictoryShares WestEnd value to that of its competitors to determine the firm's financial worth. VictoryShares WestEnd Sector is regarded fifth largest ETF in gross profit as compared to similar ETFs. It is rated number one ETF in cash flow from operations as compared to similar ETFs making about 0.30 of Cash Flow From Operations per Gross Profit. The ratio of Gross Profit to Cash Flow From Operations for VictoryShares WestEnd Sector is roughly 3.35 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VictoryShares WestEnd 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.VictoryShares Cash Flow From Operations vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
VictoryShares WestEnd |
| = | 188.23 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
VictoryShares WestEnd |
| = | 56.27 M |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
VictoryShares WestEnd Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in VictoryShares WestEnd, profitability is also one of the essential criteria for including it into their portfolios because, without profit, VictoryShares WestEnd will eventually generate negative long term returns. The profitability progress is the general direction of VictoryShares WestEnd's change in net profit over the period of time. It can combine multiple indicators of VictoryShares WestEnd, 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, under normal circumstances, invests at least 80 percent of its assets in the shares of ETFs that primarily invest in U.S. equity securities of companies that are classified in one or more of the following sectors published by The GICS Communication Services Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Real Estate and Utilities. Victoryshares Westend is traded on NASDAQ Exchange in the United States.
VictoryShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on VictoryShares WestEnd. 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 VictoryShares WestEnd 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 VictoryShares WestEnd's important profitability drivers and their relationship over time.
| Gross Profit vs Price To Earning | ||
| Price To Book vs Cash Flow From Operations | ||
| Gross Profit vs Price To Sales | ||
| One Year Return vs Cash Flow From Operations |
Use VictoryShares WestEnd 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 VictoryShares WestEnd 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 VictoryShares WestEnd will appreciate offsetting losses from the drop in the long position's value.VictoryShares WestEnd Pair Trading
VictoryShares WestEnd Sector Pair Trading Analysis
The ability to find closely correlated positions to VictoryShares WestEnd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VictoryShares WestEnd 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 VictoryShares WestEnd - 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 VictoryShares WestEnd Sector to buy it.
The correlation of VictoryShares WestEnd 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 VictoryShares WestEnd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VictoryShares WestEnd 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 VictoryShares WestEnd 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 VictoryShares WestEnd position
In addition to having VictoryShares WestEnd 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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Check out Correlation Analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
To fully project VictoryShares WestEnd's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of VictoryShares WestEnd 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 VictoryShares WestEnd's income statement, its balance sheet, and the statement of cash flows.