The 2023 Etf Fundamentals
| EAGL Etf | USD 28.61 0.18 0.63% |
The 2023 ETF fundamentals help investors to digest information that contributes to 2023 ETF's financial success or failures. It also enables traders to predict the movement of 2023 Etf. The fundamental analysis module provides a way to measure 2023 ETF'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 2023 ETF etf.
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The 2023 ETF ETF Price To Earning Analysis
2023 ETF'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 2023 ETF Price To Earning | 102.12 X |
Most of 2023 ETF'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, The 2023 ETF 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.
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Based on the latest financial disclosure, The 2023 ETF has a Price To Earning of 102 times. This is much higher than that of the Industrials family and significantly higher than that of the Large Blend category. The price to earning for all United States etfs is notably lower than that of the firm.
2023 ETF Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 2023 ETF's current stock value. Our valuation model uses many indicators to compare 2023 ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 2023 ETF competition to find correlations between indicators driving 2023 ETF's intrinsic value. More Info.The 2023 ETF is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.80 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for The 2023 ETF is roughly 1.25 . Comparative valuation analysis is a catch-all technique that is used if you cannot value 2023 ETF by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Did you try this?
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2023 Fundamentals
| Return On Equity | 159.95 | |||
| Return On Asset | -0.61 | |||
| Current Valuation | 409.41 M | |||
| Shares Outstanding | 32.5 M | |||
| Shares Owned By Insiders | 0.21 % | |||
| Shares Owned By Institutions | 73.44 % | |||
| Number Of Shares Shorted | 6.39 K | |||
| Price To Earning | 102.12 X | |||
| Price To Book | 81.38 X | |||
| Net Income | 4.01 M | |||
| Cash And Equivalents | 498.1 K | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | 4.60 % | |||
| Current Ratio | 0.54 X | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (638.11 K) | |||
| Short Ratio | 0.04 X | |||
| Earnings Per Share | 0.10 X | |||
| Market Capitalization | 410.72 M | |||
| Total Asset | 501.36 M | |||
| Retained Earnings | 265 K | |||
| Working Capital | (19.17 M) | |||
| Current Asset | 445 K | |||
| Current Liabilities | 19.61 M |
About 2023 ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The 2023 ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 2023 ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The 2023 ETF 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.Platinum Eagle Acquisition Corp. intends to acquire businesses or assets through merger, share exchange, share purchase, reorganization, or similar business combination. The company was founded in 2017 and is based in Los Angeles, California. Double Eagle is traded on Nasdaq Capital Markets in USA.
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Try AI Portfolio ArchitectCheck out 2023 ETF Piotroski F Score and 2023 ETF Altman Z Score analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 ETF'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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 ETF'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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 ETF'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.