Chih Etf Price To Sales
CHIH Etf | USD 14.60 0.16 1.11% |
CHIH fundamentals help investors to digest information that contributes to CHIH's financial success or failures. It also enables traders to predict the movement of CHIH Etf. The fundamental analysis module provides a way to measure CHIH'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 CHIH etf.
CHIH |
CHIH ETF Price To Sales Analysis
CHIH's 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.
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.
CompetitionBased on the latest financial disclosure, CHIH has a Price To Sales of 0.0 times. This is 100.0% lower than that of the Global X Funds family and about the same as China Region (which currently averages 0.0) category. The price to sales for all United States etfs is 100.0% higher than that of the company.
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Fund Asset Allocation for CHIH
The fund invests 99.95% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides CHIH'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.
CHIH Fundamentals
Number Of Employees | 158 | |||
Beta | 0.71 | |||
Total Asset | 8.03 M | |||
One Year Return | (27.90) % | |||
Three Year Return | (22.60) % | |||
Five Year Return | (5.50) % | |||
Net Asset | 8.03 M | |||
Last Dividend Paid | 0.11 | |||
Equity Positions Weight | 99.95 % |
About CHIH Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CHIH's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CHIH using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CHIH 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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When determining whether CHIH offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CHIH's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chih Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Chih Etf:Check out Trending Equities 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 gross domestic product. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of CHIH is measured differently than its book value, which is the value of CHIH that is recorded on the company's balance sheet. Investors also form their own opinion of CHIH's value that differs from its market value or its book value, called intrinsic value, which is CHIH'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 CHIH's market value can be influenced by many factors that don't directly affect CHIH'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 CHIH's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIH'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.