Global Dividend Net Asset vs. Price To Sales
| GDV Etf | CAD 12.04 0.11 0.91% |
For Global Dividend profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Dividend to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Dividend Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Dividend's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Dividend Growth over time as well as its relative position and ranking within its peers.
Global |
Global Dividend Growth Price To Sales vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Global Dividend's current stock value. Our valuation model uses many indicators to compare Global Dividend value to that of its competitors to determine the firm's financial worth. Global Dividend Growth is one of the top ETFs in net asset as compared to similar ETFs. It also is one of the top ETFs in price to sales as compared to similar ETFs . The ratio of Net Asset to Price To Sales for Global Dividend Growth is about 68,070,341 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Global Dividend by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Global Dividend'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.Global Price To Sales vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Global Dividend |
| = | 236.75 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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.
Global Dividend |
| = | 3.48 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.
Global Price To Sales Comparison
Global Dividend is currently under evaluation in price to sales as compared to similar ETFs.
Global Dividend Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Global Dividend, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Global Dividend will eventually generate negative long term returns. The profitability progress is the general direction of Global Dividend's change in net profit over the period of time. It can combine multiple indicators of Global Dividend, 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.
Global Dividend Growth Split Corp. is an equity mutual fund launched and managed by Brompton Funds Limited. Global Dividend Growth Split Corp. was formed on April 24, 2018 and is domiciled in Canada GLOBAL DIVIDEND operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.
Global Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Global Dividend. 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 Global Dividend 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 Global Dividend's important profitability drivers and their relationship over time.
Use Global Dividend 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 Global Dividend 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 Global Dividend will appreciate offsetting losses from the drop in the long position's value.Global Dividend Pair Trading
Global Dividend Growth Pair Trading Analysis
The ability to find closely correlated positions to Global Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Dividend 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 Global Dividend - 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 Global Dividend Growth to buy it.
The correlation of Global Dividend 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 Global Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Dividend Growth 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 Global Dividend 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 Global Dividend position
In addition to having Global Dividend 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 Global Etf
To fully project Global Dividend's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Global Dividend Growth 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 Global Dividend's income statement, its balance sheet, and the statement of cash flows.