IShares SPTSX Price To Sales vs. Beta
Based on the key profitability measurements obtained from IShares SPTSX's financial statements, iShares SPTSX Canadian may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess IShares SPTSX's ability to earn profits and add value for shareholders.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
Please note, there is a significant difference between IShares SPTSX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares SPTSX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares SPTSX'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.
For IShares SPTSX profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IShares SPTSX to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iShares SPTSX Canadian utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IShares SPTSX's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iShares SPTSX Canadian over time as well as its relative position and ranking within its peers.
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iShares SPTSX Canadian Beta vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining IShares SPTSX's current stock value. Our valuation model uses many indicators to compare IShares SPTSX value to that of its competitors to determine the firm's financial worth. iShares SPTSX Canadian is the top ETF in price to sales as compared to similar ETFs. It is rated below average in beta as compared to similar ETFs totaling about 0.72 of Beta per Price To Sales. The ratio of Price To Sales to Beta for iShares SPTSX Canadian is roughly 1.40 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares SPTSX by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares SPTSX's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.IShares Beta vs. Price To Sales
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.
IShares SPTSX |
| = | 1.27 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
IShares SPTSX |
| = | 0.91 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
IShares Beta Comparison
IShares SPTSX is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
IShares SPTSX returns are very sensitive to returns on the market. As the market goes up or down, IShares SPTSX is expected to follow.
IShares SPTSX Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in IShares SPTSX, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IShares SPTSX will eventually generate negative long term returns. The profitability progress is the general direction of IShares SPTSX's change in net profit over the period of time. It can combine multiple indicators of IShares SPTSX, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The investment seeks to replicate the performance, net of expenses, of the SPTSX Canadian Dividend Aristocrats index. ISHARES SP is traded on Toronto Stock Exchange in Canada.
IShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on IShares SPTSX. 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 IShares SPTSX 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 IShares SPTSX's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in IShares SPTSX without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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Use Investing Themes to Complement your IShares SPTSX position
In addition to having IShares SPTSX 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 IShares Etf
To fully project IShares SPTSX's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of iShares SPTSX Canadian 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 IShares SPTSX's income statement, its balance sheet, and the statement of cash flows.