Tradr 2X Price To Book vs. Three Year Return
| SPYB Etf | USD 27.96 0.37 1.34% |
For Tradr 2X profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tradr 2X to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tradr 2X Long utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tradr 2X's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tradr 2X Long over time as well as its relative position and ranking within its peers.
Tradr |
The market value of Tradr 2X Long is measured differently than its book value, which is the value of Tradr that is recorded on the company's balance sheet. Investors also form their own opinion of Tradr 2X's value that differs from its market value or its book value, called intrinsic value, which is Tradr 2X'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 Tradr 2X's market value can be influenced by many factors that don't directly affect Tradr 2X'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 Tradr 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tradr 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tradr 2X'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.
Tradr 2X Long Three Year Return vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tradr 2X's current stock value. Our valuation model uses many indicators to compare Tradr 2X value to that of its competitors to determine the firm's financial worth. Tradr 2X Long is presently regarded as number one ETF in price to book as compared to similar ETFs. It also is presently regarded as number one ETF in three year return as compared to similar ETFs reporting about 1.75 of Three Year Return 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 Tradr 2X's earnings, one of the primary drivers of an investment's value.Tradr Three Year Return 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.
Tradr 2X |
| = | 2.59 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.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Tradr 2X |
| = | 4.54 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Tradr Three Year Return Comparison
Tradr 2X is currently under evaluation in three year return as compared to similar ETFs.
Tradr 2X Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tradr 2X, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tradr 2X will eventually generate negative long term returns. The profitability progress is the general direction of Tradr 2X's change in net profit over the period of time. It can combine multiple indicators of Tradr 2X, 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 investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SP 500 Buyback Index that tracks the performance of publicly traded issuers that have a high buyback ratio. SPDR SP is traded on PCX Exchange in the United States.
Tradr Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tradr 2X. 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 Tradr 2X 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 Tradr 2X's important profitability drivers and their relationship over time.
Use Tradr 2X 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 Tradr 2X 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 Tradr 2X will appreciate offsetting losses from the drop in the long position's value.Tradr 2X Pair Trading
Tradr 2X Long Pair Trading Analysis
The ability to find closely correlated positions to Tradr 2X could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tradr 2X 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 Tradr 2X - 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 Tradr 2X Long to buy it.
The correlation of Tradr 2X 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 Tradr 2X moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tradr 2X Long 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 Tradr 2X 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 Tradr 2X position
In addition to having Tradr 2X 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 Personal Services Thematic Idea Now
Personal Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services 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 Personal Services Theme or any other thematic opportunities.
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To fully project Tradr 2X's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tradr 2X Long 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 Tradr 2X's income statement, its balance sheet, and the statement of cash flows.