Erus Etf Fundamentals
ERUS fundamentals help investors to digest information that contributes to ERUS's financial success or failures. It also enables traders to predict the movement of ERUS Etf. The fundamental analysis module provides a way to measure ERUS'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 ERUS etf.
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ERUS ETF Price To Earning Analysis
ERUS'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 ERUS Price To Earning | 7.15 X |
Most of ERUS'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, ERUS 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, ERUS has a Price To Earning of 7.15 times. This is 68.63% higher than that of the iShares family and significantly higher than that of the Miscellaneous Region category. The price to earning for all United States etfs is 126.98% lower than that of the firm.
ERUS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ERUS's current stock value. Our valuation model uses many indicators to compare ERUS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ERUS competition to find correlations between indicators driving ERUS's intrinsic value. More Info.ERUS is rated below average in price to earning as compared to similar ETFs. It also is rated below average in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for ERUS is roughly 11.72 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ERUS 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.ERUS Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ERUS's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ERUS could also be used in its relative valuation, which is a method of valuing ERUS by comparing valuation metrics of similar companies.ERUS is rated # 5 ETF in price to earning as compared to similar ETFs.
Fund Asset Allocation for ERUS
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks.Asset allocation divides ERUS'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.
ERUS Fundamentals
| Price To Earning | 7.15 X | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 0.65 X | |||
| Number Of Employees | 17 | |||
| Market Capitalization | 133.8 M | |||
| Total Asset | 1.01 M | |||
| One Year Return | (99.81) % | |||
| Three Year Return | (86.36) % | |||
| Five Year Return | (68.66) % | |||
| Ten Year Return | (44.93) % | |||
| Net Asset | 1.01 M | |||
| Last Dividend Paid | 0.33 | |||
| Equity Positions Weight | 6.30 % |
Thematic Opportunities
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Check out Investing Opportunities 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 employment. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Tools for ERUS Etf
When running ERUS's price analysis, check to measure ERUS'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 ERUS is operating at the current time. Most of ERUS's value examination focuses on studying past and present price action to predict the probability of ERUS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ERUS's price. Additionally, you may evaluate how the addition of ERUS to your portfolios can decrease your overall portfolio volatility.
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