Lyxor Index Five Year Return vs. Price To Book
| UTI Etf | EUR 68.72 0.29 0.42% |
For Lyxor Index profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lyxor Index to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lyxor Index Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lyxor Index's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lyxor Index Fund over time as well as its relative position and ranking within its peers.
Lyxor |
Lyxor Index Fund Price To Book vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lyxor Index's current stock value. Our valuation model uses many indicators to compare Lyxor Index value to that of its competitors to determine the firm's financial worth. Lyxor Index Fund is rated below average in five year return as compared to similar ETFs. It is rated fifth in price to book as compared to similar ETFs fabricating about 0.30 of Price To Book per Five Year Return. The ratio of Five Year Return to Price To Book for Lyxor Index Fund is roughly 3.34 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Lyxor Index by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lyxor Index's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Lyxor Price To Book vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Lyxor Index |
| = | 4.47 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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.
Lyxor Index |
| = | 1.34 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.
Lyxor Price To Book Comparison
Lyxor Index is currently under evaluation in price to book as compared to similar ETFs.
Lyxor Index Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lyxor Index, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lyxor Index will eventually generate negative long term returns. The profitability progress is the general direction of Lyxor Index's change in net profit over the period of time. It can combine multiple indicators of Lyxor Index, 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 objective of Lyxor Index Fund Lyxor Stoxx Europe 600 Utilities UCITS ETF is to track the upward and the downward evolution of the STOXX Europe 600 UTILITIES Net Total Return index the Index denominated in Euros and representative of the performance of large European companies in the utilities sector, while minimising the volatility of the difference between the return of the Sub-Fund and the return of the Index. LYXOR STX is traded on Paris Stock Exchange in France.
Lyxor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lyxor Index. 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 Lyxor Index 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 Lyxor Index's important profitability drivers and their relationship over time.
| Five Year Return vs Price To Earning | ||
| Price To Sales vs Price To Book | ||
| Five Year Return vs Net Asset | ||
| Equity Positions Weight vs Price To Book |
Use Lyxor Index 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 Lyxor Index 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 Lyxor Index will appreciate offsetting losses from the drop in the long position's value.Lyxor Index Pair Trading
Lyxor Index Fund Pair Trading Analysis
The ability to find closely correlated positions to Lyxor Index could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lyxor Index 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 Lyxor Index - 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 Lyxor Index Fund to buy it.
The correlation of Lyxor Index 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 Lyxor Index moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lyxor Index Fund 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 Lyxor Index 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 Lyxor Index position
In addition to having Lyxor Index 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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites Theme or any other thematic opportunities.
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Other Information on Investing in Lyxor Etf
To fully project Lyxor Index's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lyxor Index Fund 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 Lyxor Index's income statement, its balance sheet, and the statement of cash flows.