SWP Growth Financial Statements From 2010 to 2025
| SWP Etf | USD 27.14 0.10 0.37% |
Check SWP Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SWP Growth's main balance sheet or income statement drivers, such as , as well as many indicators such as . SWP financial statements analysis is a perfect complement when working with SWP Growth Valuation or Volatility modules.
This module can also supplement various SWP Growth Technical models . Check out the analysis of SWP Growth Correlation against competitors. SWP Growth Income ETF Price To Earning Analysis
SWP Growth's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current SWP Growth Price To Earning | 11.75 X |
Most of SWP Growth's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SWP Growth Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, SWP Growth Income has a Price To Earning of 11.75 times. This is much higher than that of the Industrials family and significantly higher than that of the Large Blend category. The price to earning for all United States etfs is notably lower than that of the firm.
SWP Growth Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SWP Growth's current stock value. Our valuation model uses many indicators to compare SWP Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SWP Growth competition to find correlations between indicators driving SWP Growth's intrinsic value. More Info.SWP Growth Income is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SWP Growth Income is roughly 5.82 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SWP Growth 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.About SWP Growth Financial Statements
SWP Growth shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although SWP Growth investors may analyze each financial statement separately, they are all interrelated. The changes in SWP Growth's assets and liabilities, for example, are also reflected in the revenues and expenses on on SWP Growth's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Stanley Black Decker, Inc. provides tools and storage, engineered fastening and infrastructure, and security solutions worldwide. The company was founded in 1843 and is headquartered in New Britain, Connecticut. Stanley Black operates under Tools Accessories classification in USA and is traded on New York Stock Exchange. It employs 57765 people.
Pair Trading with SWP Growth
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 SWP Growth 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 SWP Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with SWP Etf
| 0.99 | VTI | Vanguard Total Stock | PairCorr |
| 0.99 | SPY | SPDR SP 500 | PairCorr |
| 0.92 | IVV | iShares Core SP | PairCorr |
| 0.98 | VIG | Vanguard Dividend | PairCorr |
| 0.99 | VV | Vanguard Large Cap | PairCorr |
Moving against SWP Etf
The ability to find closely correlated positions to SWP Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SWP Growth 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 SWP Growth - 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 SWP Growth Income to buy it.
The correlation of SWP Growth 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 SWP Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SWP Growth Income 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 SWP Growth 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.Check out the analysis of SWP Growth Correlation against competitors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of SWP Growth Income is measured differently than its book value, which is the value of SWP that is recorded on the company's balance sheet. Investors also form their own opinion of SWP Growth's value that differs from its market value or its book value, called intrinsic value, which is SWP Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SWP Growth's market value can be influenced by many factors that don't directly affect SWP Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SWP Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if SWP Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SWP Growth'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.