The Lake Monster Lives - Fishing Tackle Retailer
| PYF Etf | CAD 17.43 0.02 0.11% |
About 62% of Purpose Premium's investor base is looking to short. The current sentiment regarding investing in Purpose Premium Yield etf implies that many traders are alarmed. Purpose Premium's investing sentiment overview a quick insight into current market opportunities from investing in Purpose Premium Yield. Many technical investors use Purpose Premium Yield etf news signals to limit their universe of possible portfolio assets and to time the market correctly.
Purpose |
The Lake Monster Lives Fishing Tackle Retailer
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Purpose Premium Fundamental Analysis
We analyze Purpose Premium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Purpose Premium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Purpose Premium 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Purpose Premium is regarded fourth largest ETF in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Purpose Premium Yield 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 Purpose Premium etf to make a market-neutral strategy. Peer analysis of Purpose Premium could also be used in its relative valuation, which is a method of valuing Purpose Premium by comparing valuation metrics with similar companies.
Peers
Purpose Premium Related Equities
| SYLD | Purpose Strategic | 0.36 | ||||
| PYF | Purpose Premium | 0.11 | ||||
| PIN | Purpose Monthly | 0.28 | ||||
| ZPH | BMO Put | 0.33 | ||||
| PDIV | Purpose Enhanced | 0.53 |
Other Information on Investing in Purpose Etf
Purpose Premium financial ratios help investors to determine whether Purpose Etf 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 Purpose with respect to the benefits of owning Purpose Premium security.