Global Dividend Growth Etf Debt To Equity
| GDV Etf | CAD 11.93 0.02 0.17% |
Global Dividend Growth fundamentals help investors to digest information that contributes to Global Dividend's financial success or failures. It also enables traders to predict the movement of Global Etf. The fundamental analysis module provides a way to measure Global Dividend'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 Global Dividend etf.
Global |
Global Dividend Growth ETF Debt To Equity Analysis
Global Dividend's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
According to the company disclosure, Global Dividend Growth has a Debt To Equity of 0.0%. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
Global Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Dividend's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Global Dividend could also be used in its relative valuation, which is a method of valuing Global Dividend by comparing valuation metrics of similar companies.Global Dividend is currently under evaluation in debt to equity as compared to similar ETFs.
Global Fundamentals
| Shares Outstanding | 13.21 M | |||
| Number Of Shares Shorted | 11.29 K | |||
| Price To Book | 1.28 X | |||
| Price To Sales | 3.48 X | |||
| Net Income | (40.33 M) | |||
| Cash Flow From Operations | (76.64 M) | |||
| Short Ratio | 0.57 X | |||
| Earnings Per Share | (3.79) X | |||
| Market Capitalization | 133.7 M | |||
| Total Asset | 236.75 M | |||
| Annual Yield | 0.12 % | |||
| Net Asset | 236.75 M |
About Global Dividend Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Dividend Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Dividend using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Dividend Growth 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.
Pair Trading with Global Dividend
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 Global Dividend 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 Global Dividend will appreciate offsetting losses from the drop in the long position's value.Moving together with Global Etf
| 0.93 | ETC | Evolve Cryptocurrencies | PairCorr |
| 0.96 | XFN | iShares SPTSX Capped | PairCorr |
| 0.96 | XIC | iShares Core SPTSX | PairCorr |
| 0.9 | XMD | iShares SPTSX Completion | PairCorr |
| 0.63 | XEG | iShares SPTSX Capped | PairCorr |
Moving against Global Etf
| 0.85 | XRE | iShares SPTSX Capped | PairCorr |
| 0.82 | RIT | CI Canadian REIT | PairCorr |
| 0.31 | XGD | iShares SPTSX Global | PairCorr |
The ability to find closely correlated positions to Global Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Dividend 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 Global Dividend - 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 Global Dividend Growth to buy it.
The correlation of Global Dividend 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 Global Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Dividend Growth 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 Global Dividend 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 Global Etf
Global Dividend financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Dividend security.