Ishares Jp Morgan Etf Price To Sales

XEB Etf  CAD 16.14  0.06  0.37%   
iShares JP Morgan fundamentals help investors to digest information that contributes to IShares JP's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares JP'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 IShares JP etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

iShares JP Morgan ETF Price To Sales Analysis

IShares JP'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.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis
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, iShares JP Morgan has a Price To Sales of 0.0 times. This is 100.0% lower than that of the iShares family and about the same as Emerging Markets Fixed Income (which currently averages 0.0) category. The price to sales for all Canada etfs is 100.0% higher than that of the company.

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Fund Asset Allocation for IShares JP

The fund consists of 98.38% investments in fixed income securities, with the rest of funds allocated in various types of exotic instruments.
Asset allocation divides IShares JP'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.

IShares Fundamentals

About IShares JP Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze iShares JP Morgan's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares JP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares JP Morgan 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 IShares JP

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 IShares JP 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 IShares JP will appreciate offsetting losses from the drop in the long position's value.

Moving together with IShares Etf

  0.86ZEF BMO Emerging MarketsPairCorr
  0.91QEBH Mackenzie EmergingPairCorr

Moving against IShares Etf

  0.36ZSP BMO SP 500PairCorr
  0.36VFV Vanguard SP 500PairCorr
The ability to find closely correlated positions to IShares JP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares JP 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 IShares JP - 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 iShares JP Morgan to buy it.
The correlation of IShares JP 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 IShares JP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares JP Morgan 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 IShares JP 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.
Pair CorrelationCorrelation Matching
When determining whether iShares JP Morgan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares JP'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 Ishares Jp Morgan Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Jp Morgan Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares JP Morgan. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, there is a significant difference between IShares JP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares JP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares JP'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.