YuantaP Shares Price To Sales vs. Price To Book
| 006203 Etf | TWD 92.70 0.30 0.32% |
For YuantaP Shares profitability analysis, we use financial ratios and fundamental drivers that measure the ability of YuantaP Shares to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well YuantaP shares MSCI Taiwan utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between YuantaP Shares's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of YuantaP shares MSCI Taiwan over time as well as its relative position and ranking within its peers.
YuantaP |
YuantaP shares MSCI Price To Book vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining YuantaP Shares's current stock value. Our valuation model uses many indicators to compare YuantaP Shares value to that of its competitors to determine the firm's financial worth. YuantaP shares MSCI Taiwan is second largest ETF in price to sales as compared to similar ETFs. It also is second largest ETF in price to book as compared to similar ETFs fabricating about 1.72 of Price To Book per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value YuantaP Shares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for YuantaP Shares' Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.YuantaP Price To Book vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
YuantaP Shares |
| = | 0.97 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
YuantaP Shares |
| = | 1.67 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
YuantaP Shares Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in YuantaP Shares, profitability is also one of the essential criteria for including it into their portfolios because, without profit, YuantaP Shares will eventually generate negative long term returns. The profitability progress is the general direction of YuantaP Shares' change in net profit over the period of time. It can combine multiple indicators of YuantaP Shares, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
YuantaP shares is traded on Taiwan Stock Exchange in Taiwan.
YuantaP Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on YuantaP Shares. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of YuantaP Shares position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the YuantaP Shares' important profitability drivers and their relationship over time.
Use YuantaP Shares in pair-trading
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 YuantaP Shares 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 YuantaP Shares will appreciate offsetting losses from the drop in the long position's value.YuantaP Shares Pair Trading
YuantaP shares MSCI Taiwan Pair Trading Analysis
The ability to find closely correlated positions to YuantaP Shares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace YuantaP Shares 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 YuantaP Shares - 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 YuantaP shares MSCI Taiwan to buy it.
The correlation of YuantaP Shares 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 YuantaP Shares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if YuantaP shares MSCI 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 YuantaP Shares 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.Use Investing Themes to Complement your YuantaP Shares position
In addition to having YuantaP Shares in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Blend Funds Thematic Idea Now
Large Blend Funds
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Blend Funds Theme or any other thematic opportunities.
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Other Information on Investing in YuantaP Etf
To fully project YuantaP Shares' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of YuantaP shares MSCI at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include YuantaP Shares' income statement, its balance sheet, and the statement of cash flows.