Vident International Five Year Return vs. Price To Book
| VIDI Etf | USD 26.13 0.01 0.04% |
For Vident International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Vident International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Vident International Equity utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Vident International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Vident International Equity over time as well as its relative position and ranking within its peers.
Vident |
The market value of Vident International is measured differently than its book value, which is the value of Vident that is recorded on the company's balance sheet. Investors also form their own opinion of Vident International's value that differs from its market value or its book value, called intrinsic value, which is Vident International'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 Vident International's market value can be influenced by many factors that don't directly affect Vident International'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 Vident International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vident International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vident International'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.
Vident International Price To Book vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Vident International's current stock value. Our valuation model uses many indicators to compare Vident International value to that of its competitors to determine the firm's financial worth. Vident International Equity is rated first in five year return as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.23 of Price To Book per Five Year Return. The ratio of Five Year Return to Price To Book for Vident International Equity is roughly 4.32 . 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 Vident International's earnings, one of the primary drivers of an investment's value.Vident Price To Book vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Vident International |
| = | 5.10 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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.
Vident International |
| = | 1.18 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.
Vident Price To Book Comparison
Vident International is currently under evaluation in price to book as compared to similar ETFs.
Vident International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Vident International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Vident International will eventually generate negative long term returns. The profitability progress is the general direction of Vident International's change in net profit over the period of time. It can combine multiple indicators of Vident International, 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.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and depositary receipts representing such component securities. Vident Intl is traded on NYSEARCA Exchange in the United States.
Vident Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Vident International. 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 Vident International 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 Vident International's important profitability drivers and their relationship over time.
Use Vident International 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 Vident International 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 Vident International will appreciate offsetting losses from the drop in the long position's value.Vident International Pair Trading
Vident International Equity Pair Trading Analysis
The ability to find closely correlated positions to Vident International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vident International 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 Vident International - 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 Vident International Equity to buy it.
The correlation of Vident International 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 Vident International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vident International 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 Vident International 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 Vident International position
In addition to having Vident International 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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Technology
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 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 Technology Theme or any other thematic opportunities.
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To fully project Vident International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Vident International 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 Vident International's income statement, its balance sheet, and the statement of cash flows.