First Asset Price To Earning vs. One Year Return
| ZXM Etf | CAD 42.42 0.24 0.57% |
For First Asset profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Asset to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Asset Morningstar utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Asset's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Asset Morningstar over time as well as its relative position and ranking within its peers.
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First Asset Morningstar One Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First Asset's current stock value. Our valuation model uses many indicators to compare First Asset value to that of its competitors to determine the firm's financial worth. First Asset Morningstar is rated first in price to earning as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 1.58 of One Year Return per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value First Asset by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Asset'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.First One Year Return vs. Price To Earning
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.
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| = | 14.60 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.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
First Asset |
| = | 23.10 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
First One Year Return Comparison
First Asset is currently under evaluation in one year return as compared to similar ETFs.
First Asset Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Asset, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Asset will eventually generate negative long term returns. The profitability progress is the general direction of First Asset's change in net profit over the period of time. It can combine multiple indicators of First Asset, 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 ETF has been designed to replicate, to the extent possible, the performance of the Morningstar Developed Markets ex-North America Target Momentum Index, net of expenses. CI FA is traded on Toronto Stock Exchange in Canada.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Asset. 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 First Asset 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 First Asset's important profitability drivers and their relationship over time.
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Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 constituents at this time.
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Other Information on Investing in First Etf
To fully project First Asset's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Asset Morningstar 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 First Asset's income statement, its balance sheet, and the statement of cash flows.