OShares Quality Beta vs. Price To Sales
Based on the key profitability measurements obtained from OShares Quality's financial statements, OShares Quality Dividend 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 OShares Quality's ability to earn profits and add value for shareholders.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
For OShares Quality profitability analysis, we use financial ratios and fundamental drivers that measure the ability of OShares Quality to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well OShares Quality Dividend utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between OShares Quality's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of OShares Quality Dividend over time as well as its relative position and ranking within its peers.
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The market value of OShares Quality Dividend is measured differently than its book value, which is the value of OShares that is recorded on the company's balance sheet. Investors also form their own opinion of OShares Quality's value that differs from its market value or its book value, called intrinsic value, which is OShares Quality'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 OShares Quality's market value can be influenced by many factors that don't directly affect OShares Quality'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 OShares Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if OShares Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OShares Quality'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.
OShares Quality Dividend Price To Sales vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining OShares Quality's current stock value. Our valuation model uses many indicators to compare OShares Quality value to that of its competitors to determine the firm's financial worth. OShares Quality Dividend is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in price to sales as compared to similar ETFs fabricating about 2.81 of Price To Sales per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the OShares Quality's earnings, one of the primary drivers of an investment's value.OShares Price To Sales vs. Beta
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.
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| = | 0.78 |
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.
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.
OShares Quality |
| = | 2.19 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.
OShares Price To Sales Comparison
OShares Quality is currently under evaluation in price to sales as compared to similar ETFs.
Beta Analysis
As returns on the market increase, OShares Quality's returns are expected to increase less than the market. However, during the bear market, the loss of holding OShares Quality is expected to be smaller as well.
OShares Quality Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in OShares Quality, profitability is also one of the essential criteria for including it into their portfolios because, without profit, OShares Quality will eventually generate negative long term returns. The profitability progress is the general direction of OShares Quality's change in net profit over the period of time. It can combine multiple indicators of OShares Quality, 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 underlying index is designed to measure the performance of publicly listed large-capitalization and mid-capitalization dividend-paying issuers in the United States that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds, as determined by OShares Investment Advisers, LLC . Os US is traded on BATS Exchange in the United States.
OShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on OShares Quality. 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 OShares Quality 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 OShares Quality's important profitability drivers and their relationship over time.
Use OShares Quality 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 OShares Quality 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 OShares Quality will appreciate offsetting losses from the drop in the long position's value.OShares Quality Pair Trading
OShares Quality Dividend Pair Trading Analysis
The ability to find closely correlated positions to Hershey could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hershey 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 Hershey - 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 Hershey Co to buy it.
The correlation of Hershey 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 Hershey moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hershey 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 Hershey 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 OShares Quality position
In addition to having OShares Quality 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Commodities ETFs theme has 26 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 Broad Commodities ETFs Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Tools for OShares Etf
When running OShares Quality's price analysis, check to measure OShares Quality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OShares Quality is operating at the current time. Most of OShares Quality's value examination focuses on studying past and present price action to predict the probability of OShares Quality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OShares Quality's price. Additionally, you may evaluate how the addition of OShares Quality to your portfolios can decrease your overall portfolio volatility.
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