Sp Downtown Price To Sales vs. Price To Book
| SPTW11 Fund | BRL 38.89 3.09 3.94% |
For Sp Downtown profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sp Downtown to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sp Downtown Fundo utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sp Downtown's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sp Downtown Fundo over time as well as its relative position and ranking within its peers.
SPTW11 |
Sp Downtown Fundo Price To Book vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sp Downtown's current stock value. Our valuation model uses many indicators to compare Sp Downtown value to that of its competitors to determine the firm's financial worth. Sp Downtown Fundo is rated third largest fund in price to sales among similar funds. It also is rated third largest fund in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Sales. The ratio of Price To Sales to Price To Book for Sp Downtown Fundo is roughly 11.55 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sp Downtown by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sp Downtown's Fund. 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.SPTW11 Price To Book 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.
Sp Downtown |
| = | 13.63 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Sp Downtown |
| = | 1.18 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
SPTW11 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sp Downtown. 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 Sp Downtown 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 Sp Downtown's important profitability drivers and their relationship over time.
Use Sp Downtown 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 Sp Downtown 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 Sp Downtown will appreciate offsetting losses from the drop in the long position's value.Sp Downtown Pair Trading
Sp Downtown Fundo Pair Trading Analysis
The ability to find closely correlated positions to Sp Downtown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sp Downtown 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 Sp Downtown - 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 Sp Downtown Fundo to buy it.
The correlation of Sp Downtown 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 Sp Downtown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sp Downtown Fundo 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 Sp Downtown 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 Sp Downtown position
In addition to having Sp Downtown 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 Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 24 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 Long/short ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in SPTW11 Fund
To fully project Sp Downtown's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sp Downtown Fundo 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 Sp Downtown's income statement, its balance sheet, and the statement of cash flows.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |