AB Corporate One Year Return vs. Price To Book
| EYEG Etf | USD 35.10 0.07 0.20% |
For AB Corporate profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AB Corporate to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AB Corporate Bond utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AB Corporate's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AB Corporate Bond over time as well as its relative position and ranking within its peers.
EYEG |
The market value of AB Corporate Bond is measured differently than its book value, which is the value of EYEG that is recorded on the company's balance sheet. Investors also form their own opinion of AB Corporate's value that differs from its market value or its book value, called intrinsic value, which is AB Corporate'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 AB Corporate's market value can be influenced by many factors that don't directly affect AB Corporate'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 AB Corporate's value and its price as these two are different measures arrived at by different means. Investors typically determine if AB Corporate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AB Corporate'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.
AB Corporate Bond Price To Book vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AB Corporate's current stock value. Our valuation model uses many indicators to compare AB Corporate value to that of its competitors to determine the firm's financial worth. AB Corporate Bond is rated # 3 ETF in one year return as compared to similar ETFs. It is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.33 of Price To Book per One Year Return. The ratio of One Year Return to Price To Book for AB Corporate Bond is roughly 3.03 . Comparative valuation analysis is a catch-all technique that is used if you cannot value AB Corporate 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.EYEG Price To Book vs. One Year Return
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.
AB Corporate |
| = | 4.70 % |
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.
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.
AB Corporate |
| = | 1.55 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.
EYEG Price To Book Comparison
AB Corporate is currently under evaluation in price to book as compared to similar ETFs.
AB Corporate Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AB Corporate, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AB Corporate will eventually generate negative long term returns. The profitability progress is the general direction of AB Corporate's change in net profit over the period of time. It can combine multiple indicators of AB Corporate, 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.
EyeGate Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on developing and commercializing products for treating inflammatory and immune diseases with a focus on the eye and nervous system in the United States. Eyegate Pharmaceuticals, Inc. was incorporated in 1998 and is headquartered in Waltham, Massachusetts. Eyegate Pharma operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 14 people.
EYEG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AB Corporate. 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 AB Corporate 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 AB Corporate's important profitability drivers and their relationship over time.
Use AB Corporate 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 AB Corporate 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 AB Corporate will appreciate offsetting losses from the drop in the long position's value.AB Corporate Pair Trading
AB Corporate Bond Pair Trading Analysis
The ability to find closely correlated positions to AB Corporate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AB Corporate 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 AB Corporate - 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 AB Corporate Bond to buy it.
The correlation of AB Corporate 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 AB Corporate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AB Corporate Bond 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 AB Corporate 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 AB Corporate position
In addition to having AB Corporate 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?
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Solid stocks, funds or ETFs with below average market capitalization and typicl daily price below 2. The Penny theme has 56 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 Penny Theme or any other thematic opportunities.
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Check out Investing Opportunities. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
To fully project AB Corporate's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AB Corporate Bond 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 AB Corporate's income statement, its balance sheet, and the statement of cash flows.