Xtrackers Harvest Price To Book vs. Five Year Return

ASHR Etf  USD 26.64  0.11  0.41%   
Based on Xtrackers Harvest's profitability indicators, Xtrackers Harvest CSI may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Xtrackers Harvest's ability to earn profits and add value for shareholders.
For Xtrackers Harvest profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Xtrackers Harvest to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Xtrackers Harvest CSI utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Xtrackers Harvest's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Xtrackers Harvest CSI over time as well as its relative position and ranking within its peers.
  
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The market value of Xtrackers Harvest CSI is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers Harvest's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Harvest'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 Xtrackers Harvest's market value can be influenced by many factors that don't directly affect Xtrackers Harvest'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 Xtrackers Harvest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Harvest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Harvest'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.

Xtrackers Harvest CSI Five Year Return vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Xtrackers Harvest's current stock value. Our valuation model uses many indicators to compare Xtrackers Harvest value to that of its competitors to determine the firm's financial worth.
JavaScript chart by amCharts 3.21.15ASHSMCHIGXCASHR -4-3-2-1012 00.51.01.52.02.53.0
Xtrackers Harvest CSI is second largest ETF in price to book as compared to similar ETFs. It is the top ETF in five year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Xtrackers Harvest 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.

Xtrackers Five Year Return vs. Price To Book

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.

Xtrackers Harvest

P/B

 = 

MV Per Share

BV Per Share

 = 
1.66 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.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Xtrackers Harvest

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
(0.30) %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

Xtrackers Five Year Return Comparison

100%
Xtrackers Harvest is currently under evaluation in five year return as compared to similar ETFs.

Xtrackers Harvest Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Xtrackers Harvest, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Xtrackers Harvest will eventually generate negative long term returns. The profitability progress is the general direction of Xtrackers Harvest's change in net profit over the period of time. It can combine multiple indicators of Xtrackers Harvest, 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.
The fund will normally invest at least 80 percent of its total assets in securities of issuers that comprise the underlying index. Xt Harvest is traded on NYSEARCA Exchange in the United States.

Xtrackers Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Xtrackers Harvest. 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 Xtrackers Harvest 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 Xtrackers Harvest's important profitability drivers and their relationship over time.

Use Xtrackers Harvest 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 Xtrackers Harvest 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 Xtrackers Harvest will appreciate offsetting losses from the drop in the long position's value.

Xtrackers Harvest Pair Trading

Xtrackers Harvest CSI Pair Trading Analysis

The ability to find closely correlated positions to Xtrackers Harvest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xtrackers Harvest 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 Xtrackers Harvest - 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 Xtrackers Harvest CSI to buy it.
The correlation of Xtrackers Harvest 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 Xtrackers Harvest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xtrackers Harvest CSI 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 Xtrackers Harvest 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Xtrackers Harvest position

In addition to having Xtrackers Harvest 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 Gold and Gold Mining Thematic Idea Now

Gold and Gold Mining
Gold and Gold Mining Theme
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 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 Gold and Gold Mining Theme or any other thematic opportunities.
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When determining whether Xtrackers Harvest CSI is a strong investment it is important to analyze Xtrackers Harvest's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Xtrackers Harvest's future performance. For an informed investment choice regarding Xtrackers Etf, refer to the following important reports:
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You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
To fully project Xtrackers Harvest's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Xtrackers Harvest CSI 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 Xtrackers Harvest's income statement, its balance sheet, and the statement of cash flows.
Potential Xtrackers Harvest investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Xtrackers Harvest investors may work on each financial statement separately, they are all related. The changes in Xtrackers Harvest's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Xtrackers Harvest's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.