Etracs Monthly Pay Etf Price To Earning
| CEFD Etf | USD 19.45 0.01 0.05% |
Fundamental analysis of ETRACS Monthly allows traders to better anticipate movements in ETRACS Monthly's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. ETRACS Monthly Pay ETF Price To Earning Analysis
ETRACS Monthly'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.
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, ETRACS Monthly Pay has a Price To Earning of 0.0 times. This indicator is about the same for the UBS average (which is currently at 0.0) family and about the same as Trading--Miscellaneous (which currently averages 0.0) category. The price to earning for all United States etfs is 100.0% higher than that of the company.
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ETRACS Fundamentals
| Beta | 21.28 | |||
| Total Asset | 31.97 M | |||
| One Year Return | 12.60 % | |||
| Three Year Return | 12.80 % | |||
| Five Year Return | 5.50 % | |||
| Net Asset | 31.97 M |
About ETRACS Monthly Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETRACS Monthly Pay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETRACS Monthly using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETRACS Monthly Pay based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out ETRACS Monthly Piotroski F Score and ETRACS Monthly Altman Z Score analysis. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of ETRACS Monthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Monthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Monthly'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 ETRACS Monthly's market value can be influenced by many factors that don't directly affect ETRACS Monthly'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 ETRACS Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Monthly'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.