Chic Etf Current Ratio
CHIC fundamentals help investors to digest information that contributes to CHIC's financial success or failures. It also enables traders to predict the movement of CHIC Etf. The fundamental analysis module provides a way to measure CHIC'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 CHIC etf.
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CHIC ETF Current Ratio Analysis
CHIC's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current CHIC Current Ratio | 1.75 X |
Most of CHIC's fundamental indicators, such as Current Ratio, 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, CHIC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, CHIC has a Current Ratio of 1.75 times. This is much higher than that of the Global X Funds family and significantly higher than that of the China Region category. The current ratio for all United States etfs is notably lower than that of the firm.
CHIC Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CHIC's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of CHIC could also be used in its relative valuation, which is a method of valuing CHIC by comparing valuation metrics of similar companies.CHIC is currently under evaluation in current ratio as compared to similar ETFs.
Fund Asset Allocation for CHIC
The fund invests 99.81% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides CHIC'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.
CHIC Fundamentals
| Return On Asset | 0.05 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 192.87 M | |||
| Shares Outstanding | 22.92 M | |||
| Price To Earning | 14.48 X | |||
| Price To Book | 1.24 X | |||
| Price To Sales | 0.32 X | |||
| Revenue | 823.25 M | |||
| Gross Profit | 208.92 M | |||
| EBITDA | 73.43 M | |||
| Net Income | 18.17 M | |||
| Cash And Equivalents | 45.46 M | |||
| Cash Per Share | 2.27 X | |||
| Debt To Equity | 1.01 % | |||
| Current Ratio | 1.75 X | |||
| Cash Flow From Operations | 110.4 M | |||
| Earnings Per Share | (0.20) X | |||
| Number Of Employees | 158 | |||
| Beta | 1.16 | |||
| Market Capitalization | 238.77 M | |||
| Total Asset | 6.14 M | |||
| Retained Earnings | 128.52 M | |||
| Working Capital | 55.85 M | |||
| Current Asset | 130.58 M | |||
| Current Liabilities | 74.72 M | |||
| One Year Return | (24.10) % | |||
| Three Year Return | (25.50) % | |||
| Five Year Return | (13.30) % | |||
| Ten Year Return | (5.30) % | |||
| Net Asset | 6.14 M | |||
| Last Dividend Paid | 0.078 | |||
| Equity Positions Weight | 99.81 % |
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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 gross domestic product. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Tools for CHIC Etf
When running CHIC's price analysis, check to measure CHIC'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 CHIC is operating at the current time. Most of CHIC's value examination focuses on studying past and present price action to predict the probability of CHIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHIC's price. Additionally, you may evaluate how the addition of CHIC to your portfolios can decrease your overall portfolio volatility.
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