Mobile Telecommunicatio Price To Sales vs. Price To Book
WCPSX Fund | USD 37.63 0.04 0.11% |
For Mobile Telecommunicatio profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mobile Telecommunicatio to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mobile Telecommunications Ultrasector utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mobile Telecommunicatio's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mobile Telecommunications Ultrasector over time as well as its relative position and ranking within its peers.
Mobile |
Mobile Telecommunicatio Price To Book vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mobile Telecommunicatio's current stock value. Our valuation model uses many indicators to compare Mobile Telecommunicatio value to that of its competitors to determine the firm's financial worth. Mobile Telecommunications Ultrasector is presently regarded as number one fund in price to sales among similar funds. It also is presently regarded as number one fund in price to book among similar funds fabricating about 1.08 of Price To Book per Price To Sales. 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 Mobile Telecommunicatio's earnings, one of the primary drivers of an investment's value.Mobile Price To Book vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Mobile Telecommunicatio |
| = | 1.44 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Mobile Telecommunicatio |
| = | 1.56 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.
Mobile Price To Book Comparison
Mobile Telecommunicatio is currently under evaluation in price to book among similar funds.
Mobile Telecommunicatio Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mobile Telecommunicatio, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mobile Telecommunicatio will eventually generate negative long term returns. The profitability progress is the general direction of Mobile Telecommunicatio's change in net profit over the period of time. It can combine multiple indicators of Mobile Telecommunicatio, 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 invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index represents the communication services sector of the SP 500 Index. The fund is non-diversified.
Mobile Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mobile Telecommunicatio. 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 Mobile Telecommunicatio 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 Mobile Telecommunicatio's important profitability drivers and their relationship over time.
Use Mobile Telecommunicatio 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 Mobile Telecommunicatio 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 Mobile Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.Mobile Telecommunicatio Pair Trading
Mobile Telecommunications Ultrasector Pair Trading Analysis
The ability to find closely correlated positions to Mobile Telecommunicatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mobile Telecommunicatio 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 Mobile Telecommunicatio - 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 Mobile Telecommunications Ultrasector to buy it.
The correlation of Mobile Telecommunicatio 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 Mobile Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mobile Telecommunicatio 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 Mobile Telecommunicatio 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 Mobile Telecommunicatio position
In addition to having Mobile Telecommunicatio 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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Steel Works Etc
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Steel Works Etc theme has 54 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 Steel Works Etc Theme or any other thematic opportunities.
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Other Information on Investing in Mobile Mutual Fund
To fully project Mobile Telecommunicatio's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mobile Telecommunicatio 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 Mobile Telecommunicatio's income statement, its balance sheet, and the statement of cash flows.
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