ASHX Financial Statements From 2010 to 2025
ASHX financial statements provide useful quarterly and yearly information to potential ASHX investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ASHX financial statements helps investors assess ASHX's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ASHX's valuation are summarized below:ASHX does not today have any fundamental signals for analysis.
This module can also supplement various ASHX Technical models . Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
Check ASHX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASHX's main balance sheet or income statement drivers, such as , as well as many indicators such as . ASHX financial statements analysis is a perfect complement when working with ASHX Valuation or Volatility modules.
ASHX |
ASHX ETF Price To Earning Analysis
ASHX's 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.
Current ASHX Price To Earning | 13.38 X |
Most of ASHX's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ASHX is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, ASHX has a Price To Earning of 13.38 times. This is much higher than that of the Xtrackers family and significantly higher than that of the China Region category. The price to earning for all United States etfs is notably lower than that of the firm.
ASHX Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ASHX's current stock value. Our valuation model uses many indicators to compare ASHX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ASHX competition to find correlations between indicators driving ASHX's intrinsic value. More Info.ASHX is fourth largest ETF in price to earning as compared to similar ETFs. It is third largest ETF in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ASHX is roughly 8.52 . 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 ASHX's earnings, one of the primary drivers of an investment's value.Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Tools for ASHX Etf
When running ASHX's price analysis, check to measure ASHX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASHX is operating at the current time. Most of ASHX's value examination focuses on studying past and present price action to predict the probability of ASHX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASHX's price. Additionally, you may evaluate how the addition of ASHX to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |