Stf Tactical Growth Etf Price To Earnings To Growth
| TUGN Etf | USD 24.93 0.15 0.61% |
STF Tactical Growth fundamentals help investors to digest information that contributes to STF Tactical's financial success or failures. It also enables traders to predict the movement of STF Etf. The fundamental analysis module provides a way to measure STF Tactical'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 STF Tactical etf.
STF |
STF Tactical Growth ETF Price To Earnings To Growth Analysis
STF Tactical's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Based on the latest financial disclosure, STF Tactical Growth has a Price To Earnings To Growth of 0.0 times. This indicator is about the same for the STFM average (which is currently at 0.0) family and about the same as Moderate Allocation (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for STF Tactical
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 STF Tactical'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.
STF Fundamentals
| Total Asset | 27.39 M | |||
| One Year Return | 24.20 % | |||
| Net Asset | 27.39 M | |||
| Equity Positions Weight | 8.27 % |
About STF Tactical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze STF Tactical Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of STF Tactical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of STF Tactical Growth 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 STF Tactical
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 STF Tactical 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 STF Tactical will appreciate offsetting losses from the drop in the long position's value.Moving together with STF Etf
| 0.8 | GDMA | Alpha Architect Gdsdn | PairCorr |
| 0.96 | TUG | STF Tactical Growth | PairCorr |
| 0.66 | RAAX | VanEck Inflation All | PairCorr |
| 0.84 | OCIO | ClearShares OCIO ETF | PairCorr |
Moving against STF Etf
| 0.78 | GREI | Goldman Sachs Future | PairCorr |
| 0.71 | HART | IQ Healthy Hearts | PairCorr |
| 0.62 | MPRO | Northern Lights | PairCorr |
| 0.48 | PRME | Prime Medicine, Common | PairCorr |
The ability to find closely correlated positions to STF Tactical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace STF Tactical 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 STF Tactical - 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 STF Tactical Growth to buy it.
The correlation of STF Tactical 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 STF Tactical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if STF Tactical Growth 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 STF Tactical 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 STF Tactical Piotroski F Score and STF Tactical Altman Z Score analysis. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of STF Tactical Growth is measured differently than its book value, which is the value of STF that is recorded on the company's balance sheet. Investors also form their own opinion of STF Tactical's value that differs from its market value or its book value, called intrinsic value, which is STF Tactical'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 STF Tactical's market value can be influenced by many factors that don't directly affect STF Tactical'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 STF Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if STF Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STF Tactical'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.