Lysander Slater Financial Statements From 2010 to 2025
PR Etf | CAD 9.91 0.01 0.10% |
Market Capitalisation {Big=0.29866, Small=0, Mega=0, Medium=0, Micro=0} |
Check Lysander Slater financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lysander Slater's main balance sheet or income statement drivers, such as , as well as many indicators such as . Lysander financial statements analysis is a perfect complement when working with Lysander Slater Valuation or Volatility modules.
Lysander |
Lysander Slater Preferred Share ETF Price To Earning Analysis
Lysander Slater'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 Lysander Slater Price To Earning | 13.56 X |
Most of Lysander Slater'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, Lysander Slater Preferred Share 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.
Competition |
Based on the latest financial disclosure, Lysander Slater Preferred Share has a Price To Earning of 13.56 times. This is much higher than that of the Lysander Funds Ltd. family and significantly higher than that of the Preferred Share Fixed Income category. The price to earning for all Canada etfs is notably lower than that of the firm.
Lysander Slater Pref Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Lysander Slater's current stock value. Our valuation model uses many indicators to compare Lysander Slater value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lysander Slater competition to find correlations between indicators driving Lysander Slater's intrinsic value. More Info.Lysander Slater Preferred Share is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Lysander Slater Preferred Share is roughly 7.45 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Lysander Slater by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lysander Slater'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.About Lysander Slater Financial Statements
Lysander Slater investors utilize fundamental indicators, such as revenue or net income, to predict how Lysander Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
ActivETF seeks to generate income while preserving investor capital by investing primarily in preferred shares of Canadian entities that are listed on a Canadian stock exchange. LYSANDER SLATER is traded on Toronto Stock Exchange in Canada.
Pair Trading with Lysander Slater
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 Lysander Slater 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 Lysander Slater will appreciate offsetting losses from the drop in the long position's value.Moving together with Lysander Etf
0.89 | ZPR | BMO Laddered Preferred | PairCorr |
0.95 | HPR | Global X Active | PairCorr |
0.96 | CPD | iShares SPTSX Canadian | PairCorr |
0.93 | RPF | RBC Canadian Preferred | PairCorr |
0.97 | DXP | Dynamic Active Preferred | PairCorr |
The ability to find closely correlated positions to Lysander Slater could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lysander Slater 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 Lysander Slater - 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 Lysander Slater Preferred Share to buy it.
The correlation of Lysander Slater 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 Lysander Slater moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lysander Slater Pref 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 Lysander Slater 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.Other Information on Investing in Lysander Etf
Lysander Slater financial ratios help investors to determine whether Lysander Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lysander with respect to the benefits of owning Lysander Slater security.