Flaherty Crumrine Price To Sales vs. Beta
| FFI-UN Etf | CAD 12.54 0.00 0.00% |
For Flaherty Crumrine profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Flaherty Crumrine to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Flaherty Crumrine Investment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Flaherty Crumrine's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Flaherty Crumrine Investment over time as well as its relative position and ranking within its peers.
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Flaherty Crumrine Beta vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Flaherty Crumrine's current stock value. Our valuation model uses many indicators to compare Flaherty Crumrine value to that of its competitors to determine the firm's financial worth. Flaherty Crumrine Investment is rated # 5 ETF in price to sales as compared to similar ETFs. It is rated below average in beta as compared to similar ETFs totaling about 0.11 of Beta per Price To Sales. The ratio of Price To Sales to Beta for Flaherty Crumrine Investment is roughly 9.25 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Flaherty Crumrine by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Flaherty Crumrine's 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.Flaherty Beta 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.
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| = | 9.16 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Flaherty Crumrine |
| = | 0.99 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Flaherty Beta Comparison
Flaherty Crumrine is rated below average in beta as compared to similar ETFs.
Beta Analysis
Flaherty Crumrine returns are very sensitive to returns on the market. As the market goes up or down, Flaherty Crumrine is expected to follow.
Flaherty Crumrine Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Flaherty Crumrine, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Flaherty Crumrine will eventually generate negative long term returns. The profitability progress is the general direction of Flaherty Crumrine's change in net profit over the period of time. It can combine multiple indicators of Flaherty Crumrine, 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.
Flaherty Crumrine Investment Grade Fixed Income Fund is a closed ended fixed income mutual fund launched by Brompton Funds Limited. Flaherty Crumrine Investment Grade Fixed Income Fund was formed on November 25, 2004 and is domiciled in Canada. FLAHERTY CRUMRINE operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.
Flaherty Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Flaherty Crumrine. 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 Flaherty Crumrine 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 Flaherty Crumrine's important profitability drivers and their relationship over time.
Use Flaherty Crumrine 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 Flaherty Crumrine 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 Flaherty Crumrine will appreciate offsetting losses from the drop in the long position's value.Flaherty Crumrine Pair Trading
Flaherty Crumrine Investment Pair Trading Analysis
The ability to find closely correlated positions to Flaherty Crumrine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flaherty Crumrine 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 Flaherty Crumrine - 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 Flaherty Crumrine Investment to buy it.
The correlation of Flaherty Crumrine 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 Flaherty Crumrine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flaherty Crumrine 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 Flaherty Crumrine 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 Flaherty Crumrine position
In addition to having Flaherty Crumrine 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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Other Information on Investing in Flaherty Etf
To fully project Flaherty Crumrine's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Flaherty Crumrine 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 Flaherty Crumrine's income statement, its balance sheet, and the statement of cash flows.