Smcp Etf Fundamentals
SMCP fundamentals help investors to digest information that contributes to SMCP's financial success or failures. It also enables traders to predict the movement of SMCP Etf. The fundamental analysis module provides a way to measure SMCP'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 SMCP etf.
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SMCP ETF Price To Earning Analysis
SMCP'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 SMCP Price To Earning | 16.32 X |
Most of SMCP'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, SMCP 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, SMCP has a Price To Earning of 16.32 times. This is much higher than that of the AlphaMark family and significantly higher than that of the Small Blend category. The price to earning for all United States etfs is notably lower than that of the firm.
SMCP Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SMCP's current stock value. Our valuation model uses many indicators to compare SMCP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SMCP competition to find correlations between indicators driving SMCP's intrinsic value. More Info.SMCP is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SMCP is roughly 8.12 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SMCP 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.SMCP Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SMCP'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 SMCP could also be used in its relative valuation, which is a method of valuing SMCP by comparing valuation metrics of similar companies.SMCP is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for SMCP
The fund consists of 98.66% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides SMCP'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.
SMCP Fundamentals
| Price To Earning | 16.32 X | |||
| Price To Book | 2.01 X | |||
| Price To Sales | 1.36 X | |||
| Number Of Employees | 367 | |||
| Beta | 1.06 | |||
| Total Asset | 19.16 M | |||
| One Year Return | 10.20 % | |||
| Three Year Return | 3.90 % | |||
| Five Year Return | 5.90 % | |||
| Net Asset | 19.16 M | |||
| Last Dividend Paid | 0.15 | |||
| Equity Positions Weight | 98.66 % |
Pair Trading with SMCP
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 SMCP 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 SMCP will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 World Market Map 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 main economic indicators. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Tools for SMCP Etf
When running SMCP's price analysis, check to measure SMCP'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 SMCP is operating at the current time. Most of SMCP's value examination focuses on studying past and present price action to predict the probability of SMCP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SMCP's price. Additionally, you may evaluate how the addition of SMCP to your portfolios can decrease your overall portfolio volatility.
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