Novan craters as company files for bankruptcy, to sell most of its assets
| ETIGX Fund | USD 12.44 0.00 0.00% |
Slightly above 62% of Parametric Tax's investor base is looking to short. The analysis of overall sentiment of trading Parametric Tax Managed International mutual fund suggests that many investors are alarmed at this time. Parametric Tax's investing sentiment can be driven by a variety of factors including economic data, Parametric Tax's earnings reports, geopolitical events, and overall market trends.
Parametric |
Novan shares plummeted -68.7 percent on Monday after the company said it had filed for bankruptcy and entered into a deal to sell most of its assets to Ligand Pharmaceuticals for...
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Parametric Tax Fundamental Analysis
We analyze Parametric Tax's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parametric Tax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parametric Tax based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
Price To Book
Price To Book Comparative Analysis
Parametric Tax is currently under evaluation in price to book among similar funds. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Parametric Tax Managed Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Parametric Tax mutual fund to make a market-neutral strategy. Peer analysis of Parametric Tax could also be used in its relative valuation, which is a method of valuing Parametric Tax by comparing valuation metrics with similar companies.
Peers
Parametric Tax Related Equities
| ETMGX | Eaton Vance | 1.08 | ||||
| EXTGX | Eaton Vance | 1.05 | ||||
| ETTGX | Eaton Vance | 1.05 | ||||
| EAEAX | Eaton Vance | 0.98 | ||||
| EATVX | Eaton Vance | 0.90 |
Other Information on Investing in Parametric Mutual Fund
Parametric Tax financial ratios help investors to determine whether Parametric Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parametric with respect to the benefits of owning Parametric Tax security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |