Change Finance Diversified Etf Price To Sales
| CHGX Etf | USD 38.31 0.16 0.42% |
Change Finance Diversified fundamentals help investors to digest information that contributes to Change Finance's financial success or failures. It also enables traders to predict the movement of Change Etf. The fundamental analysis module provides a way to measure Change Finance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Change Finance etf.
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Change Finance Diversified ETF Price To Sales Analysis
Change Finance'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.
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.
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Based on the latest financial disclosure, Change Finance Diversified has a Price To Sales of 0.0 times. This indicator is about the same for the AXS average (which is currently at 0.0) family and about the same as Large Blend (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Change Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Change Finance's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Change Finance could also be used in its relative valuation, which is a method of valuing Change Finance by comparing valuation metrics of similar companies.Change Finance is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for Change Finance
The fund consists of 97.83% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Change Finance's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Change Fundamentals
| Number Of Employees | 571 | |||
| Beta | 1.07 | |||
| Total Asset | 92.99 M | |||
| One Year Return | 17.90 % | |||
| Three Year Return | 5.00 % | |||
| Five Year Return | 11.20 % | |||
| Net Asset | 92.99 M | |||
| Last Dividend Paid | 0.2 | |||
| Equity Positions Weight | 97.83 % |
About Change Finance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Change Finance Diversified's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Change Finance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Change Finance Diversified based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Change Finance Piotroski F Score and Change Finance Altman Z Score analysis. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of Change Finance Diver is measured differently than its book value, which is the value of Change that is recorded on the company's balance sheet. Investors also form their own opinion of Change Finance's value that differs from its market value or its book value, called intrinsic value, which is Change Finance'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 Change Finance's market value can be influenced by many factors that don't directly affect Change Finance'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 Change Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Change Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Change Finance'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.