The Meet Kevin Etf Price To Earning
| PPDelisted Etf | 26.10 0.00 0.00% |
The Meet Kevin fundamentals help investors to digest information that contributes to Meet Kevin's financial success or failures. It also enables traders to predict the movement of Meet Etf. The fundamental analysis module provides a way to measure Meet Kevin'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 Meet Kevin etf.
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The Meet Kevin ETF Price To Earning Analysis
Meet Kevin'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.
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, The Meet Kevin has a Price To Earning of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Technology (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Meet Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Meet Kevin'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 Meet Kevin could also be used in its relative valuation, which is a method of valuing Meet Kevin by comparing valuation metrics of similar companies.Meet Kevin is currently under evaluation in price to earning as compared to similar ETFs.
Meet Fundamentals
| Number Of Employees | 22 | |||
| One Year Return | (3.60) % |
About Meet Kevin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Meet Kevin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Meet Kevin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Meet Kevin 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.
Pair Trading with Meet Kevin
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 Meet Kevin 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 Meet Kevin will appreciate offsetting losses from the drop in the long position's value.Moving against Meet Etf
| 0.81 | AMZA | InfraCap MLP ETF | PairCorr |
| 0.64 | DIG | ProShares Ultra Oil | PairCorr |
| 0.44 | FCG | First Trust Natural | PairCorr |
| 0.42 | CIBR | First Trust NASDAQ | PairCorr |
| 0.36 | GUSH | Direxion Daily SP | PairCorr |
The ability to find closely correlated positions to Meet Kevin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meet Kevin 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 Meet Kevin - 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 The Meet Kevin to buy it.
The correlation of Meet Kevin 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 Meet Kevin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meet Kevin 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 Meet Kevin 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 Your Equity Center 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 american community survey. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Meet Etf
If you are still planning to invest in Meet Kevin check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meet Kevin's history and understand the potential risks before investing.
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