SLIM Financials

SLIM Etf Summary

SLIM competes with Zillow Group, Northern Lights, VanEck Vectors, Freedom Day, and SSGA Active. The investment seeks investment results that correspond generally to the performance, before fees and expenses, of an index which is designed to track the performance of companies globally that are positioned to profit from servicing the obese, including biotechnology, pharmaceutical, health care and medical device companies whose business is focused on obesity and obesity related disease and companies focused on weight loss programs, weight loss supplements, or plus sized apparel. Obesity ETF is traded on NGM Exchange in the United States.

SLIM Key Financial Ratios

Generally speaking, SLIM's financial ratios allow both analysts and investors to convert raw data from SLIM's financial statements into concise, actionable information that can be used to evaluate the performance of SLIM 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 SLIM reports annually and quarterly.

SLIM Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining SLIM's current stock value. Our valuation model uses many indicators to compare SLIM value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SLIM competition to find correlations between indicators driving SLIM's intrinsic value. More Info.SLIM is rated below average in one year return as compared to similar ETFs. It is rated third largest ETF in three year return as compared to similar ETFs reporting about  1.76  of Three Year Return per One Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value SLIM by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SLIM'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 SLIM's earnings, one of the primary drivers of an investment's value.

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When running SLIM's price analysis, check to measure SLIM'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 SLIM is operating at the current time. Most of SLIM's value examination focuses on studying past and present price action to predict the probability of SLIM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SLIM's price. Additionally, you may evaluate how the addition of SLIM to your portfolios can decrease your overall portfolio volatility.