IHIT Financial Statements From 2010 to 2024
| IHIT Etf | USD 7.45 0.09 1.19% |
Check IHIT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IHIT's main balance sheet or income statement drivers, such as , as well as many indicators such as . IHIT financial statements analysis is a perfect complement when working with IHIT Valuation or Volatility modules.
IHIT |
IHIT ETF Price To Sales Analysis
IHIT'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 IHIT Price To Sales | 10.81 X |
Most of IHIT'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, IHIT 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.
CompetitionBased on the latest financial disclosure, IHIT has a Price To Sales of 10.81 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to sales for all United States etfs is notably lower than that of the firm.
IHIT Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IHIT's current stock value. Our valuation model uses many indicators to compare IHIT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IHIT competition to find correlations between indicators driving IHIT's intrinsic value. More Info.IHIT is rated second overall ETF in price to earning as compared to similar ETFs. It is considered the top 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 IHIT is roughly 15.38 . Comparative valuation analysis is a catch-all technique that is used if you cannot value IHIT 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 IHIT Financial Statements
IHIT 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 IHIT investors may analyze each financial statement separately, they are all interrelated. The changes in IHIT's assets and liabilities, for example, are also reflected in the revenues and expenses on on IHIT's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Invesco High Income 2023 Target Term Fund is a closed ended fixed income mutual fund launched and managed by Invesco Advisers, Inc. Invesco High is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.
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Check out Risk vs Return Analysis 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 gross domestic product. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of IHIT is measured differently than its book value, which is the value of IHIT that is recorded on the company's balance sheet. Investors also form their own opinion of IHIT's value that differs from its market value or its book value, called intrinsic value, which is IHIT'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 IHIT's market value can be influenced by many factors that don't directly affect IHIT'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 IHIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if IHIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IHIT'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.