YuantaP Shares Three Year Return vs. Price To Sales
| 0056 Etf | 36.91 0.14 0.38% |
For YuantaP Shares profitability analysis, we use financial ratios and fundamental drivers that measure the ability of YuantaP Shares to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well YuantaP shares Taiwan Dividend utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between YuantaP Shares's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of YuantaP shares Taiwan Dividend over time as well as its relative position and ranking within its peers.
YuantaP |
YuantaP shares Taiwan Price To Sales vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining YuantaP Shares's current stock value. Our valuation model uses many indicators to compare YuantaP Shares value to that of its competitors to determine the firm's financial worth. YuantaP shares Taiwan Dividend is rated below average in three year return as compared to similar ETFs. It also is rated below average in price to sales as compared to similar ETFs fabricating about 0.07 of Price To Sales per Three Year Return. The ratio of Three Year Return to Price To Sales for YuantaP shares Taiwan Dividend is roughly 13.35 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the YuantaP Shares' earnings, one of the primary drivers of an investment's value.YuantaP Price To Sales vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
YuantaP Shares |
| = | 5.74 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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.
YuantaP Shares |
| = | 0.43 X |
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.
YuantaP Price To Sales Comparison
YuantaP Shares is rated below average in price to sales as compared to similar ETFs.
YuantaP Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on YuantaP Shares. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of YuantaP Shares position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the YuantaP Shares' important profitability drivers and their relationship over time.
Use YuantaP Shares in pair-trading
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 YuantaP Shares 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 YuantaP Shares will appreciate offsetting losses from the drop in the long position's value.YuantaP Shares Pair Trading
YuantaP shares Taiwan Dividend Pair Trading Analysis
The ability to find closely correlated positions to YuantaP Shares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace YuantaP Shares 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 YuantaP Shares - 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 YuantaP shares Taiwan Dividend to buy it.
The correlation of YuantaP Shares 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 YuantaP Shares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if YuantaP shares Taiwan 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 YuantaP Shares 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.Use Investing Themes to Complement your YuantaP Shares position
In addition to having YuantaP Shares in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in YuantaP Etf
To fully project YuantaP Shares' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of YuantaP shares Taiwan at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include YuantaP Shares' income statement, its balance sheet, and the statement of cash flows.