IOIL Financials

IOIL Etf Summary

IOIL competes with Zillow Group, Northern Lights, VanEck Vectors, Freedom Day, and SSGA Active. The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Global Oil Small Cap Index. IQ Global is traded on Archipelago Exchange in USA.

IOIL Key Financial Ratios

Generally speaking, IOIL's financial ratios allow both analysts and investors to convert raw data from IOIL's financial statements into concise, actionable information that can be used to evaluate the performance of IOIL over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that IOIL reports annually and quarterly.

IOIL Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining IOIL's current stock value. Our valuation model uses many indicators to compare IOIL value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IOIL competition to find correlations between indicators driving IOIL's intrinsic value. More Info.IOIL is rated fourth overall ETF in price to earning as compared to similar ETFs. It is rated fourth overall ETF in price to book as compared to similar ETFs fabricating about  0.08  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for IOIL is roughly  12.81 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IOIL by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IOIL'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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IOIL's earnings, one of the primary drivers of an investment's value.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

When running IOIL's price analysis, check to measure IOIL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IOIL is operating at the current time. Most of IOIL's value examination focuses on studying past and present price action to predict the probability of IOIL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IOIL's price. Additionally, you may evaluate how the addition of IOIL to your portfolios can decrease your overall portfolio volatility.