Leadershares Activist Leaders Etf Price To Earning
| ACTV Etf | USD 34.17 0.23 0.67% |
LeaderShares Activist Leaders fundamentals help investors to digest information that contributes to LeaderShares Activist's financial success or failures. It also enables traders to predict the movement of LeaderShares Etf. The fundamental analysis module provides a way to measure LeaderShares Activist's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to LeaderShares Activist etf.
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LeaderShares Activist Leaders ETF Price To Earning Analysis
LeaderShares Activist's 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.
Current LeaderShares Activist Price To Earning | 346.80 X |
Most of LeaderShares Activist's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, LeaderShares Activist Leaders is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, LeaderShares Activist Leaders has a Price To Earning of 346 times. This is much higher than that of the LeaderShares family and significantly higher than that of the Small Value category. The price to earning for all United States etfs is notably lower than that of the firm.
LeaderShares Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LeaderShares Activist's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of LeaderShares Activist could also be used in its relative valuation, which is a method of valuing LeaderShares Activist by comparing valuation metrics of similar companies.LeaderShares Activist is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for LeaderShares Activist
The fund consists of 94.99% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides LeaderShares Activist's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
LeaderShares Fundamentals
| Return On Asset | -0.04 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | (0.08) % | |||
| Current Valuation | 220.76 M | |||
| Shares Outstanding | 58.8 M | |||
| Shares Owned By Insiders | 37.31 % | |||
| Shares Owned By Institutions | 50.90 % | |||
| Number Of Shares Shorted | 2.46 M | |||
| Price To Earning | 346.80 X | |||
| Price To Book | 2.76 X | |||
| Price To Sales | 2.04 X | |||
| Revenue | 418.89 M | |||
| Gross Profit | 227.07 M | |||
| Net Income | (43.03 M) | |||
| Cash And Equivalents | 59.64 M | |||
| Cash Per Share | 1.65 X | |||
| Total Debt | 5.24 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 0.88 X | |||
| Cash Flow From Operations | 27.55 M | |||
| Earnings Per Share | (1.00) X | |||
| Number Of Employees | 3.04 K | |||
| Beta | 1.0 | |||
| Market Capitalization | 297.38 M | |||
| Total Asset | 74.42 M | |||
| Retained Earnings | (318.28 M) | |||
| Working Capital | (41.31 M) | |||
| Current Asset | 140.99 M | |||
| Current Liabilities | 182.3 M | |||
| One Year Return | 11.00 % | |||
| Three Year Return | (0.40) % | |||
| Net Asset | 74.42 M | |||
| Equity Positions Weight | 94.99 % |
About LeaderShares Activist Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LeaderShares Activist Leaders's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LeaderShares Activist using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LeaderShares Activist Leaders based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out LeaderShares Activist Piotroski F Score and LeaderShares Activist Altman Z Score analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of LeaderShares Activist is measured differently than its book value, which is the value of LeaderShares that is recorded on the company's balance sheet. Investors also form their own opinion of LeaderShares Activist's value that differs from its market value or its book value, called intrinsic value, which is LeaderShares Activist'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 LeaderShares Activist's market value can be influenced by many factors that don't directly affect LeaderShares Activist'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 LeaderShares Activist's value and its price as these two are different measures arrived at by different means. Investors typically determine if LeaderShares Activist is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeaderShares Activist'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.