Xtrackers Harvest Price To Earning vs. One Year Return
| ASHS Etf | USD 28.96 0.03 0.10% |
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.
Xtrackers |
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 One Year Return vs. Price To Earning 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. Xtrackers Harvest CSI is the top ETF in price to earning as compared to similar ETFs. It is rated below average in one year return as compared to similar ETFs reporting about 0.20 of One Year Return per Price To Earning. The ratio of Price To Earning to One Year Return for Xtrackers Harvest CSI is roughly 4.97 . 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 One Year Return vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Xtrackers Harvest |
| = | 31.32 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Xtrackers Harvest |
| = | 6.30 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Xtrackers One Year Return Comparison
Xtrackers Harvest is currently under evaluation in one 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 index is designed to reflect the price fluctuation and performance of small-cap companies in the China A-Share market and is composed of the 500 smallest and most liquid stocks in the China A-Share market. 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.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 Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 38 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 Money Market Funds Theme or any other thematic opportunities.
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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.