Nano Labs Price To Book vs. Net Asset
| NA Etf | USD 8.26 3.89 89.02% |
For Nano Labs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nano Labs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nano Labs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nano Labs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nano Labs over time as well as its relative position and ranking within its peers.
Nano |
The market value of Nano Labs is measured differently than its book value, which is the value of Nano that is recorded on the company's balance sheet. Investors also form their own opinion of Nano Labs' value that differs from its market value or its book value, called intrinsic value, which is Nano Labs' 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 Nano Labs' market value can be influenced by many factors that don't directly affect Nano Labs' 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 Nano Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Labs' 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.
Nano Labs Net Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nano Labs's current stock value. Our valuation model uses many indicators to compare Nano Labs value to that of its competitors to determine the firm's financial worth. Nano Labs is rated number one ETF in price to book as compared to similar ETFs. It is regarded fourth largest ETF in net asset as compared to similar ETFs making up about 13,869,322 of Net Asset 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 Nano Labs' earnings, one of the primary drivers of an investment's value.Nano Net Asset 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.
Nano Labs |
| = | 25.26 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.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Nano Labs |
| = | 350.3 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Nano Net Asset Comparison
Nano Labs is currently under evaluation in net asset as compared to similar ETFs.
Nano Labs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nano Labs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nano Labs will eventually generate negative long term returns. The profitability progress is the general direction of Nano Labs' change in net profit over the period of time. It can combine multiple indicators of Nano Labs, 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.
Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the Peoples Republic of China and internationally. Nano Labs is traded on NASDAQ Exchange in the United States.
Nano Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nano Labs. 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 Nano Labs 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 Nano Labs' important profitability drivers and their relationship over time.
Use Nano Labs 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 Nano Labs 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 Nano Labs will appreciate offsetting losses from the drop in the long position's value.Nano Labs Pair Trading
Nano Labs Pair Trading Analysis
The ability to find closely correlated positions to Nano Labs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nano Labs 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 Nano Labs - 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 Nano Labs to buy it.
The correlation of Nano Labs 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 Nano Labs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nano Labs 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 Nano Labs 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 Nano Labs position
In addition to having Nano Labs 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 Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management theme has 39 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 Management Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Nano Etf
To fully project Nano Labs' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nano Labs 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 Nano Labs' income statement, its balance sheet, and the statement of cash flows.