Crop Etf Fundamentals
CROP fundamentals help investors to digest information that contributes to CROP's financial success or failures. It also enables traders to predict the movement of CROP Etf. The fundamental analysis module provides a way to measure CROP'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 CROP etf.
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CROP ETF Price To Earning Analysis
CROP'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 CROP Price To Earning | 17.38 X |
Most of CROP'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, CROP 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.
CompetitionBased on the latest financial disclosure, CROP has a Price To Earning of 17.38 times. This is much higher than that of the IndexIQ family and significantly higher than that of the Consumer Defensive category. The price to earning for all United States etfs is notably lower than that of the firm.
CROP Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CROP's current stock value. Our valuation model uses many indicators to compare CROP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CROP competition to find correlations between indicators driving CROP's intrinsic value. More Info.CROP is third largest ETF in price to earning as compared to similar ETFs. It also is third largest ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for CROP is roughly 13.17 . Comparative valuation analysis is a catch-all technique that is used if you cannot value CROP 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.Did you try this?
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Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Fund Asset Allocation for CROP
The fund consists of 97.61% investments in stocks, with the rest of investments allocated between bondsand various exotic instruments.Asset allocation divides CROP'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.
CROP Fundamentals
| Price To Earning | 17.38 X | |||
| Price To Book | 1.32 X | |||
| Price To Sales | 0.63 X | |||
| Number Of Employees | 176 | |||
| Total Asset | 6.04 M | |||
| One Year Return | (6.88) % | |||
| Three Year Return | (2.96) % | |||
| Five Year Return | 3.03 % | |||
| Net Asset | 6.04 M | |||
| Last Dividend Paid | 0.37 | |||
| Equity Positions Weight | 97.61 % | |||
| Bond Positions Weight | 1.49 % |
Pair Trading with CROP
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 CROP 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 CROP will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Cisco Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cisco Systems 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 Cisco Systems - 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 Cisco Systems to buy it.
The correlation of Cisco Systems 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 Cisco Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cisco Systems 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 Cisco Systems 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 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 persons. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Tools for CROP Etf
When running CROP's price analysis, check to measure CROP'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 CROP is operating at the current time. Most of CROP's value examination focuses on studying past and present price action to predict the probability of CROP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CROP's price. Additionally, you may evaluate how the addition of CROP to your portfolios can decrease your overall portfolio volatility.
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