Flaherty Crumrine Investment Etf Fundamentals
| FFI-UN Etf | CAD 12.54 0.00 0.00% |
Flaherty Crumrine Investment fundamentals help investors to digest information that contributes to Flaherty Crumrine's financial success or failures. It also enables traders to predict the movement of Flaherty Etf. The fundamental analysis module provides a way to measure Flaherty Crumrine'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 Flaherty Crumrine etf.
Flaherty |
Flaherty Crumrine Investment ETF Price To Sales Analysis
Flaherty Crumrine'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.
Current Flaherty Crumrine Price To Sales | 9.16 X |
Most of Flaherty Crumrine's fundamental indicators, such as Price To Sales, 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, Flaherty Crumrine Investment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Flaherty Crumrine Investment has a Price To Sales of 9.16 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to sales for all Canada etfs is notably lower than that of the firm.
Flaherty Crumrine Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Flaherty Crumrine's current stock value. Our valuation model uses many indicators to compare Flaherty Crumrine value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Flaherty Crumrine competition to find correlations between indicators driving Flaherty Crumrine's intrinsic value. More Info.Flaherty Crumrine Investment is rated below average in price to earning as compared to similar ETFs. It is rated # 5 ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Flaherty Crumrine Investment is roughly 11.80 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Flaherty Crumrine by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Flaherty Crumrine'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.Flaherty Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Flaherty Crumrine's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Flaherty Crumrine could also be used in its relative valuation, which is a method of valuing Flaherty Crumrine by comparing valuation metrics of similar companies.Flaherty Crumrine is rated # 4 ETF in price to sales as compared to similar ETFs.
Flaherty Fundamentals
| Return On Equity | 8.53 | |||
| Return On Asset | 4.12 | |||
| Profit Margin | 71.50 % | |||
| Operating Margin | 89.51 % | |||
| Current Valuation | 132.11 M | |||
| Shares Outstanding | 6.8 M | |||
| Number Of Shares Shorted | 359 | |||
| Price To Earning | 11.80 X | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 9.16 X | |||
| Revenue | 10.45 M | |||
| Gross Profit | 6.69 M | |||
| Net Income | 7.47 M | |||
| Cash And Equivalents | 769.56 K | |||
| Cash Per Share | 0.11 X | |||
| Total Debt | 48.32 M | |||
| Debt To Equity | 57.30 % | |||
| Current Ratio | 0.06 X | |||
| Book Value Per Share | 12.38 X | |||
| Cash Flow From Operations | 22.2 M | |||
| Earnings Per Share | 1.05 X | |||
| Beta | 0.99 | |||
| Market Capitalization | 95.76 M | |||
| Last Dividend Paid | 0.96 |
About Flaherty Crumrine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Flaherty Crumrine Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Flaherty Crumrine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Flaherty Crumrine Investment 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.Flaherty Crumrine Investment Grade Fixed Income Fund is a closed ended fixed income mutual fund launched by Brompton Funds Limited. Flaherty Crumrine Investment Grade Fixed Income Fund was formed on November 25, 2004 and is domiciled in Canada. FLAHERTY CRUMRINE operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.
Pair Trading with Flaherty Crumrine
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 Flaherty Crumrine 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 Flaherty Crumrine will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Flaherty Crumrine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flaherty Crumrine 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 Flaherty Crumrine - 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 Flaherty Crumrine Investment to buy it.
The correlation of Flaherty Crumrine 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 Flaherty Crumrine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flaherty Crumrine 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 Flaherty Crumrine 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.Other Information on Investing in Flaherty Etf
Flaherty Crumrine financial ratios help investors to determine whether Flaherty Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Flaherty with respect to the benefits of owning Flaherty Crumrine security.