RocketFuel Blockchain Beta vs. Price To Earning
| RKFLDelisted Etf | USD 0.02 0.01 100.00% |
For RocketFuel Blockchain profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RocketFuel Blockchain to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RocketFuel Blockchain utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RocketFuel Blockchain's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RocketFuel Blockchain over time as well as its relative position and ranking within its peers.
RocketFuel |
RocketFuel Blockchain Price To Earning vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining RocketFuel Blockchain's current stock value. Our valuation model uses many indicators to compare RocketFuel Blockchain value to that of its competitors to determine the firm's financial worth. RocketFuel Blockchain is rated third largest ETF in beta as compared to similar ETFs. It is presently regarded as number one ETF in price to earning as compared to similar ETFs reporting about 17.48 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 RocketFuel Blockchain's earnings, one of the primary drivers of an investment's value.RocketFuel 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.
RocketFuel Blockchain |
| = | 1.8 |
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.
RocketFuel Blockchain |
| = | 31.46 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.
RocketFuel Price To Earning Comparison
RocketFuel Blockchain is currently under evaluation in price to earning as compared to similar ETFs.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, RocketFuel Blockchain will likely underperform.
RocketFuel Blockchain Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in RocketFuel Blockchain, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RocketFuel Blockchain will eventually generate negative long term returns. The profitability progress is the general direction of RocketFuel Blockchain's change in net profit over the period of time. It can combine multiple indicators of RocketFuel Blockchain, 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.
RocketFuel Blockchain, Inc. provides payment and check-out systems for shoppers on e-commerce sites using cryptocurrencies and direct bank transfers. RocketFuel Blockchain, Inc. was incorporated in 2018 and is headquartered in San Francisco, California. Rocketfuel Blockchain operates under SoftwareInfrastructure classification in the United States and is traded on OTC Exchange. It employs 27 people.
RocketFuel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on RocketFuel Blockchain. 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 RocketFuel Blockchain 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 RocketFuel Blockchain's important profitability drivers and their relationship over time.
Use RocketFuel Blockchain 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 RocketFuel Blockchain 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 RocketFuel Blockchain will appreciate offsetting losses from the drop in the long position's value.RocketFuel Blockchain Pair Trading
RocketFuel Blockchain Pair Trading Analysis
The ability to find closely correlated positions to RocketFuel Blockchain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RocketFuel Blockchain 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 RocketFuel Blockchain - 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 RocketFuel Blockchain to buy it.
The correlation of RocketFuel Blockchain 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 RocketFuel Blockchain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RocketFuel Blockchain 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 RocketFuel Blockchain 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 RocketFuel Blockchain position
In addition to having RocketFuel Blockchain 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 Utilities Thematic Idea Now
Utilities
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 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 Utilities Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc etf could be closely tied with the direction of predictive economic indicators such as signals in census. Note that the RocketFuel Blockchain information on this page should be used as a complementary analysis to other RocketFuel Blockchain's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in RocketFuel OTC Etf
If you are still planning to invest in RocketFuel Blockchain check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the RocketFuel Blockchain's history and understand the potential risks before investing.
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