Ihit Etf Fundamentals
| IHIT Etf | USD 7.45 0.09 1.19% |
IHIT fundamentals help investors to digest information that contributes to IHIT's financial success or failures. It also enables traders to predict the movement of IHIT Etf. The fundamental analysis module provides a way to measure IHIT'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 IHIT etf.
IHIT |
IHIT ETF Price To Sales Analysis
IHIT'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.
Current IHIT Price To Sales | 10.81 X |
Most of IHIT's fundamental indicators, such as Price To Sales, 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, IHIT is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, IHIT has a Price To Sales of 10.81 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to sales for all United States etfs is notably lower than that of the firm.
IHIT Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IHIT's current stock value. Our valuation model uses many indicators to compare IHIT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IHIT competition to find correlations between indicators driving IHIT's intrinsic value. More Info.IHIT is rated second overall ETF in price to earning as compared to similar ETFs. It is considered the top ETF in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for IHIT is roughly 15.38 . Comparative valuation analysis is a catch-all technique that is used if you cannot value IHIT 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.IHIT Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IHIT'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 IHIT could also be used in its relative valuation, which is a method of valuing IHIT by comparing valuation metrics of similar companies.IHIT is currently under evaluation in price to sales as compared to similar ETFs.
IHIT Fundamentals
| Return On Equity | 5.76 | |||
| Return On Asset | 3.42 | |||
| Profit Margin | 67.20 % | |||
| Operating Margin | 87.30 % | |||
| Current Valuation | 277.89 M | |||
| Shares Outstanding | 24.1 M | |||
| Shares Owned By Institutions | 22.55 % | |||
| Number Of Shares Shorted | 19.24 K | |||
| Price To Earning | 15.69 X | |||
| Price To Book | 1.02 X | |||
| Price To Sales | 10.81 X | |||
| Revenue | 18.85 M | |||
| Gross Profit | 18.85 M | |||
| Net Income | 12.66 M | |||
| Cash And Equivalents | 1.02 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 80 M | |||
| Debt To Equity | 0.36 % | |||
| Current Ratio | 6.30 X | |||
| Book Value Per Share | 8.25 X | |||
| Cash Flow From Operations | 8.29 M | |||
| Short Ratio | 0.28 X | |||
| Earnings Per Share | (1.73) X | |||
| Beta | 0.24 | |||
| Market Capitalization | 194.25 M | |||
| Z Score | 1.46 | |||
| Annual Yield | 0.01 % | |||
| One Year Return | (14.37) % | |||
| Three Year Return | (1.61) % | |||
| Five Year Return | (1.39) % | |||
| Last Dividend Paid | 0.42 |
About IHIT Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IHIT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IHIT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IHIT 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.Invesco High Income 2023 Target Term Fund is a closed ended fixed income mutual fund launched and managed by Invesco Advisers, Inc. Invesco High is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.
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Check out Risk vs Return Analysis 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of IHIT is measured differently than its book value, which is the value of IHIT that is recorded on the company's balance sheet. Investors also form their own opinion of IHIT's value that differs from its market value or its book value, called intrinsic value, which is IHIT'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 IHIT's market value can be influenced by many factors that don't directly affect IHIT'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 IHIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if IHIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IHIT'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.