NBI Active Net Asset vs. Last Dividend Paid
| NPRF Etf | CAD 23.55 0.08 0.34% |
For NBI Active profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NBI Active to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NBI Active Canadian utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NBI Active's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NBI Active Canadian over time as well as its relative position and ranking within its peers.
NBI |
NBI Active Canadian Last Dividend Paid vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NBI Active's current stock value. Our valuation model uses many indicators to compare NBI Active value to that of its competitors to determine the firm's financial worth. NBI Active Canadian is rated below average in net asset as compared to similar ETFs. It is regarded fourth largest ETF in last dividend paid as compared to similar ETFs . The ratio of Net Asset to Last Dividend Paid for NBI Active Canadian is about 569,857,143 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NBI Active by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NBI Active'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.NBI Last Dividend Paid 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.
NBI Active |
| = | 39.89 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.
Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
NBI Active |
| = | 0.07 |
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
NBI Last Dividend Paid Comparison
NBI Active is currently under evaluation in last dividend paid as compared to similar ETFs.
NBI Active Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NBI Active, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NBI Active will eventually generate negative long term returns. The profitability progress is the general direction of NBI Active's change in net profit over the period of time. It can combine multiple indicators of NBI Active, 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 Preferred Shares ETF investment objective is to generate tax-efficient dividend income while focusing on capital preservation. NBI ACTIVE is traded on Toronto Stock Exchange in Canada.
NBI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NBI Active. 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 NBI Active 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 NBI Active's important profitability drivers and their relationship over time.
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Use NBI Active 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 NBI Active 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 NBI Active will appreciate offsetting losses from the drop in the long position's value.NBI Active Pair Trading
NBI Active Canadian Pair Trading Analysis
The ability to find closely correlated positions to NBI Active could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NBI Active 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 NBI Active - 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 NBI Active Canadian to buy it.
The correlation of NBI Active 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 NBI Active moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NBI Active Canadian 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 NBI Active 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 NBI Active position
In addition to having NBI Active 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 Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 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 Asset Management Theme or any other thematic opportunities.
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Other Information on Investing in NBI Etf
To fully project NBI Active's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NBI Active 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 NBI Active's income statement, its balance sheet, and the statement of cash flows.