FlexShares Morningstar Financial Statements From 2010 to 2025
| GUNR Etf | USD 38.29 0.07 0.18% |
Check FlexShares Morningstar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FlexShares Morningstar's main balance sheet or income statement drivers, such as , as well as many indicators such as . FlexShares financial statements analysis is a perfect complement when working with FlexShares Morningstar Valuation or Volatility modules.
FlexShares |
FlexShares Morningstar Global ETF Price To Sales Analysis
FlexShares Morningstar's 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.
Current FlexShares Morningstar Price To Sales | 0.93 X |
Most of FlexShares Morningstar's fundamental indicators, such as Price To Sales, 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, FlexShares Morningstar Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, FlexShares Morningstar Global has a Price To Sales of 0.93 times. This is 2.11% lower than that of the Flexshares Trust family and significantly higher than that of the Natural Resources category. The price to sales for all United States etfs is 181.82% lower than that of the firm.
FlexShares Morningstar Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining FlexShares Morningstar's current stock value. Our valuation model uses many indicators to compare FlexShares Morningstar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FlexShares Morningstar competition to find correlations between indicators driving FlexShares Morningstar's intrinsic value. More Info.FlexShares Morningstar Global is rated # 3 ETF in price to earning as compared to similar ETFs. It also is rated # 3 ETF in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for FlexShares Morningstar Global is roughly 13.77 . Comparative valuation analysis is a catch-all technique that is used if you cannot value FlexShares Morningstar by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About FlexShares Morningstar Financial Statements
FlexShares Morningstar shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although FlexShares Morningstar investors may analyze each financial statement separately, they are all interrelated. The changes in FlexShares Morningstar's assets and liabilities, for example, are also reflected in the revenues and expenses on on FlexShares Morningstar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The index reflects the performance of a selection of equity securities that are traded in or are issued by companies classiified as developed or emerging markets, as determined by the index provider pursuant to its index methodology. Mstar Global is traded on NYSEARCA Exchange in the United States.
Pair Trading with FlexShares Morningstar
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 FlexShares Morningstar 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 FlexShares Morningstar will appreciate offsetting losses from the drop in the long position's value.Moving together with FlexShares Etf
| 0.92 | XLB | Materials Select Sector | PairCorr |
| 0.9 | VAW | Vanguard Materials Index | PairCorr |
| 0.84 | XME | SPDR SP Metals | PairCorr |
| 0.77 | PHO | Invesco Water Resources | PairCorr |
Moving against FlexShares Etf
| 0.39 | FNGO | MicroSectors FANG Index | PairCorr |
| 0.33 | FNGS | MicroSectors FANG ETN | PairCorr |
| 0.31 | FNGU | MicroSectors FANG Index | PairCorr |
The ability to find closely correlated positions to FlexShares Morningstar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FlexShares Morningstar 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 FlexShares Morningstar - 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 FlexShares Morningstar Global to buy it.
The correlation of FlexShares Morningstar 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 FlexShares Morningstar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FlexShares Morningstar 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 FlexShares Morningstar 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.Check out the analysis of FlexShares Morningstar Correlation against competitors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of FlexShares Morningstar is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Morningstar's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Morningstar'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 FlexShares Morningstar's market value can be influenced by many factors that don't directly affect FlexShares Morningstar'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 FlexShares Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Morningstar'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.