IShares NAFTRAC Cash Per Share vs. Beta
| NAFTRACISHRS | MXN 49.64 0.50 1.00% |
For IShares NAFTRAC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IShares NAFTRAC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iShares NAFTRAC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IShares NAFTRAC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iShares NAFTRAC over time as well as its relative position and ranking within its peers.
IShares |
iShares NAFTRAC Beta vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining IShares NAFTRAC's current stock value. Our valuation model uses many indicators to compare IShares NAFTRAC value to that of its competitors to determine the firm's financial worth.IShares Beta vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
IShares NAFTRAC |
| = | 37.34 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
IShares NAFTRAC |
| = | 0.61 |
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.
Beta Analysis
As returns on the market increase, IShares NAFTRAC's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares NAFTRAC is expected to be smaller as well.
IShares NAFTRAC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in IShares NAFTRAC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IShares NAFTRAC will eventually generate negative long term returns. The profitability progress is the general direction of IShares NAFTRAC's change in net profit over the period of time. It can combine multiple indicators of IShares NAFTRAC, 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.
iShares NAFTRAC is an exchange traded fund launched by Nacional Financiera S.N.C. It was formerly known as NAFTRAC. iShares NAFTRAC was formed on April 30, 2002 and is domiciled in Mexico. NACIONAL FINANCIERA is traded on Mexico Stock Exchange in Mexico.
IShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on IShares NAFTRAC. 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 IShares NAFTRAC 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 IShares NAFTRAC's important profitability drivers and their relationship over time.
| Cash Per Share vs Price To Earning | ||
| Price To Book vs Beta | ||
| Cash Per Share vs Price To Sales | ||
| Last Dividend Paid vs Beta |
Use IShares NAFTRAC 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 IShares NAFTRAC 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 IShares NAFTRAC will appreciate offsetting losses from the drop in the long position's value.IShares NAFTRAC Pair Trading
iShares NAFTRAC Pair Trading Analysis
The ability to find closely correlated positions to IShares NAFTRAC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares NAFTRAC 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 IShares NAFTRAC - 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 iShares NAFTRAC to buy it.
The correlation of IShares NAFTRAC 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 IShares NAFTRAC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares NAFTRAC 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 IShares NAFTRAC 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 IShares NAFTRAC position
In addition to having IShares NAFTRAC 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 IShares Etf
To fully project IShares NAFTRAC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of iShares NAFTRAC 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 IShares NAFTRAC's income statement, its balance sheet, and the statement of cash flows.