ERShares Entrepreneurs Price To Sales vs. Five Year Return
| ENTRDelisted Etf | USD 15.47 0.05 0.32% |
For ERShares Entrepreneurs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ERShares Entrepreneurs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ERShares Entrepreneurs ETF utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ERShares Entrepreneurs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ERShares Entrepreneurs ETF over time as well as its relative position and ranking within its peers.
ERShares |
ERShares Entrepreneurs Five Year Return vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ERShares Entrepreneurs's current stock value. Our valuation model uses many indicators to compare ERShares Entrepreneurs value to that of its competitors to determine the firm's financial worth. ERShares Entrepreneurs ETF is one of the top ETFs in price to sales as compared to similar ETFs. It also is one of the top ETFs in five year return as compared to similar ETFs reporting about 5.97 of Five Year Return per Price To Sales. Comparative valuation analysis is a catch-all technique that is used if you cannot value ERShares Entrepreneurs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ERShares Five Year Return 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.
ERShares Entrepreneurs |
| = | 1.49 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.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
ERShares Entrepreneurs |
| = | 8.90 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
ERShares Five Year Return Comparison
ERShares Entrepreneurs is currently under evaluation in five year return as compared to similar ETFs.
ERShares Entrepreneurs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ERShares Entrepreneurs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ERShares Entrepreneurs will eventually generate negative long term returns. The profitability progress is the general direction of ERShares Entrepreneurs' change in net profit over the period of time. It can combine multiple indicators of ERShares Entrepreneurs, 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 fund invests primarily in equity securities of mid and large capitalization companies traded on the NASDAQ, the New York Stock Exchange or other major U.S. exchanges. Entrepreneur is traded on NYSEARCA Exchange in the United States.
ERShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ERShares Entrepreneurs. 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 ERShares Entrepreneurs 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 ERShares Entrepreneurs' important profitability drivers and their relationship over time.
Use ERShares Entrepreneurs 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 ERShares Entrepreneurs 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 ERShares Entrepreneurs will appreciate offsetting losses from the drop in the long position's value.ERShares Entrepreneurs Pair Trading
ERShares Entrepreneurs ETF Pair Trading Analysis
The ability to find closely correlated positions to ERShares Entrepreneurs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ERShares Entrepreneurs 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 ERShares Entrepreneurs - 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 ERShares Entrepreneurs ETF to buy it.
The correlation of ERShares Entrepreneurs 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 ERShares Entrepreneurs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ERShares Entrepreneurs 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 ERShares Entrepreneurs 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 ERShares Entrepreneurs position
In addition to having ERShares Entrepreneurs 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?
Run Soft Drinks Thematic Idea Now
Soft Drinks
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Soft Drinks Theme or any other thematic opportunities.
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Check out Investing Opportunities 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 signals in estimate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in ERShares Etf
If you are still planning to invest in ERShares Entrepreneurs check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ERShares Entrepreneurs' history and understand the potential risks before investing.
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