Spine Injury Beta vs. Price To Book
| SPIN Etf | USD 0.15 31.10 99.52% |
For Spine Injury profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Spine Injury to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Spine Injury Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Spine Injury's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Spine Injury Solutions over time as well as its relative position and ranking within its peers.
Spine |
The market value of Spine Injury Solutions is measured differently than its book value, which is the value of Spine that is recorded on the company's balance sheet. Investors also form their own opinion of Spine Injury's value that differs from its market value or its book value, called intrinsic value, which is Spine Injury'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 Spine Injury's market value can be influenced by many factors that don't directly affect Spine Injury'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 Spine Injury's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spine Injury is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spine Injury'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.
Spine Injury Solutions Price To Book vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Spine Injury's current stock value. Our valuation model uses many indicators to compare Spine Injury value to that of its competitors to determine the firm's financial worth. Spine Injury Solutions is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 5.98 of Price To Book 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 Spine Injury's earnings, one of the primary drivers of an investment's value.Spine Price To Book 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.
Spine Injury |
| = | 0.96 |
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 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.
Spine Injury |
| = | 5.75 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.
Spine Price To Book Comparison
Spine Injury is currently under evaluation in price to book as compared to similar ETFs.
Beta Analysis
Spine Injury returns are very sensitive to returns on the market. As the market goes up or down, Spine Injury is expected to follow.
Spine Injury Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Spine Injury, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Spine Injury will eventually generate negative long term returns. The profitability progress is the general direction of Spine Injury's change in net profit over the period of time. It can combine multiple indicators of Spine Injury, 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.
Spine Injury Solutions, Inc. provides a suite of revolutionary electrical power generation technologies. It also provides spine injury diagnostic services and owns, develops, and leases the Quad Video Halo video recording system used to record medical procedures. SPINE INJURY operates under Medical Care Facilities classification in the United States and is traded on PNK Exchange. It employs 2 people.
Spine Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Spine Injury. 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 Spine Injury 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 Spine Injury's important profitability drivers and their relationship over time.
| Beta vs Price To Earning | ||
| Price To Sales vs Price To Book | ||
| Beta vs Annual Yield | ||
| Net Asset vs Price To Book |
Use Spine Injury 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 Spine Injury 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 Spine Injury will appreciate offsetting losses from the drop in the long position's value.Spine Injury Pair Trading
Spine Injury Solutions Pair Trading Analysis
The ability to find closely correlated positions to Spine Injury could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spine Injury 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 Spine Injury - 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 Spine Injury Solutions to buy it.
The correlation of Spine Injury 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 Spine Injury moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spine Injury Solutions 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 Spine Injury 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 Spine Injury position
In addition to having Spine Injury 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 Apparel Thematic Idea Now
Apparel
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 50 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 Apparel Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Spine Etf
To fully project Spine Injury's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Spine Injury Solutions 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 Spine Injury's income statement, its balance sheet, and the statement of cash flows.