IShares NASDAQ Price To Earning vs. Price To Sales

XQQ Etf  CAD 54.80  0.75  1.39%   
Considering IShares NASDAQ's profitability and operating efficiency indicators, iShares NASDAQ 100 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 IShares NASDAQ's ability to earn profits and add value for shareholders.
For IShares NASDAQ profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IShares NASDAQ to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iShares NASDAQ 100 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IShares NASDAQ's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iShares NASDAQ 100 over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between IShares NASDAQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares NASDAQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares NASDAQ'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.

iShares NASDAQ 100 Price To Sales vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining IShares NASDAQ's current stock value. Our valuation model uses many indicators to compare IShares NASDAQ value to that of its competitors to determine the firm's financial worth.
iShares NASDAQ 100 is rated first in price to earning as compared to similar ETFs. It is rated first in price to sales as compared to similar ETFs fabricating about  0.13  of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for iShares NASDAQ 100 is roughly  7.56 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares NASDAQ by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares NASDAQ'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.

IShares Price To Sales vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

IShares NASDAQ

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
21.78 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.

IShares NASDAQ

P/S

 = 

MV Per Share

Revenue Per Share

 = 
2.88 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.

IShares Price To Sales Comparison

IShares NASDAQ is currently under evaluation in price to sales as compared to similar ETFs.

IShares NASDAQ Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in IShares NASDAQ, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IShares NASDAQ will eventually generate negative long term returns. The profitability progress is the general direction of IShares NASDAQ's change in net profit over the period of time. It can combine multiple indicators of IShares NASDAQ, 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 investment seeks to replicate, net of expenses, the NASDAQ 100 Currency Hedged CAD index. ISHARES NASDAQ is traded on Toronto Stock Exchange in Canada.

IShares Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on IShares NASDAQ. 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 NASDAQ 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 NASDAQ's important profitability drivers and their relationship over time.

Use IShares NASDAQ 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 NASDAQ 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 NASDAQ will appreciate offsetting losses from the drop in the long position's value.

IShares NASDAQ Pair Trading

iShares NASDAQ 100 Pair Trading Analysis

The ability to find closely correlated positions to IShares NASDAQ 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 NASDAQ 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 NASDAQ - 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 NASDAQ 100 to buy it.
The correlation of IShares NASDAQ 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 NASDAQ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares NASDAQ 100 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 NASDAQ 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your IShares NASDAQ position

In addition to having IShares NASDAQ 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.

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Government Funds
Government Funds Theme
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 48 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 Government Funds Theme or any other thematic opportunities.
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Other Information on Investing in IShares Etf

To fully project IShares NASDAQ's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of iShares NASDAQ 100 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 NASDAQ's income statement, its balance sheet, and the statement of cash flows.
Potential IShares NASDAQ investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although IShares NASDAQ investors may work on each financial statement separately, they are all related. The changes in IShares NASDAQ's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares NASDAQ's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.