Compare Price Earnings Ratio Across Equities
You can use any or all of fundamental ratio historical patterns as a complementary method for asset selection as well as a tool for deciding entry and exit points. Many technical investors use fundamentals to limit their universe of possible positions. Check out your portfolio center.
Cross Equities Price Earnings Ratio Analysis
Compare Goodrx Holdings, and Renalytix AI Price Earnings Ratio Over Time
Select Fundamental2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDRX | (2.5 K) | (2.5 K) | (2.5 K) | (2.5 K) | (2.5 K) | (2.5 K) | (2.5 K) | 2.2 K | 411 | 295 | (53.809) | (518) | (58.606) | (310) | (294) |
RNLX | (13.5832) | (13.5832) | (13.5832) | (13.5832) | (13.5832) | (13.5832) | (13.5832) | (13.5832) | (13.5832) | (79.4118) | (62.9796) | (3.6787) | (5.2635) | (0.8113) | (0.85) |
Goodrx Holdings, and Renalytix AI Price Earnings Ratio description
Generate Optimal Portfolios
The classical approach to portfolio optimization is known as Modern Portfolio Theory (MPT). It involves categorizing the investment universe based on risk (standard deviation) and return, and then choosing the mix of investments that achieves the desired risk-versus-return tradeoff. Portfolio optimization can also be thought of as a risk-management strategy as every type of equity has a distinct return and risk characteristics as well as different systemic risks, which describes how they respond to the market at large. Macroaxis enables investors to optimize portfolios that have a mix of equities (such as stocks, funds, or ETFs) and cryptocurrencies (such as Bitcoin, Ethereum or Monero)
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Complementary Tools
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |