Flexshares Quality Low Etf Price To Book
QLV Etf | USD 67.64 0.20 0.29% |
FlexShares Quality Low fundamentals help investors to digest information that contributes to FlexShares Quality's financial success or failures. It also enables traders to predict the movement of FlexShares Etf. The fundamental analysis module provides a way to measure FlexShares Quality'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 FlexShares Quality etf.
FlexShares |
FlexShares Quality Low ETF Price To Book Analysis
FlexShares Quality's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition |
Based on the latest financial disclosure, FlexShares Quality Low has a Price To Book of 0.0 times. This is 100.0% lower than that of the Flexshares Trust family and about the same as Large Blend (which currently averages 0.0) category. The price to book for all United States etfs is 100.0% higher than that of the company.
FlexShares Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FlexShares Quality's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of FlexShares Quality could also be used in its relative valuation, which is a method of valuing FlexShares Quality by comparing valuation metrics of similar companies.FlexShares Quality is currently under evaluation in price to book as compared to similar ETFs.
Fund Asset Allocation for FlexShares Quality
The fund consists of 98.85% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides FlexShares Quality'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.
FlexShares Fundamentals
Number Of Employees | 562 | |||
Beta | 0.74 | |||
Total Asset | 149.56 M | |||
One Year Return | 25.00 % | |||
Three Year Return | 8.80 % | |||
Five Year Return | 11.90 % | |||
Net Asset | 149.56 M | |||
Last Dividend Paid | 0.12 | |||
Equity Positions Weight | 98.85 % |
About FlexShares Quality Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FlexShares Quality Low's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FlexShares Quality using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FlexShares Quality Low 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 FlexShares Quality Piotroski F Score and FlexShares Quality Altman Z Score analysis. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of FlexShares Quality Low is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Quality's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Quality'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 FlexShares Quality's market value can be influenced by many factors that don't directly affect FlexShares Quality'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 FlexShares Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Quality'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.