Ishares Sp Gsci Etf Fundamentals
| GSG Etf | USD 22.63 0.13 0.58% |
iShares SP GSCI fundamentals help investors to digest information that contributes to IShares SP's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares SP's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IShares SP etf.
IShares |
iShares SP GSCI ETF Price To Earning Analysis
IShares SP'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 IShares SP Price To Earning | 4.73 X |
Most of IShares SP'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, iShares SP GSCI 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, iShares SP GSCI has a Price To Earning of 4.73 times. This is 11.56% higher than that of the iShares family and significantly higher than that of the Commodities Broad Basket category. The price to earning for all United States etfs is 50.16% lower than that of the firm.
iShares SP GSCI Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares SP's current stock value. Our valuation model uses many indicators to compare IShares SP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares SP competition to find correlations between indicators driving IShares SP's intrinsic value. More Info.iShares SP GSCI is one of the top ETFs in price to earning as compared to similar ETFs. It is rated # 4 ETF in beta as compared to similar ETFs totaling about 0.23 of Beta per Price To Earning. The ratio of Price To Earning to Beta for iShares SP GSCI is roughly 4.34 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares SP by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares SP'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 IShares SP's earnings, one of the primary drivers of an investment's value.IShares Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares SP's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares SP could also be used in its relative valuation, which is a method of valuing IShares SP by comparing valuation metrics of similar companies.IShares SP is currently under evaluation in price to earning as compared to similar ETFs.
IShares Fundamentals
| Price To Earning | 4.73 X | |||
| Earnings Per Share | 1.43 X | |||
| Beta | 1.09 | |||
| Market Capitalization | 1.35 B | |||
| Total Asset | 1.44 B | |||
| One Year Return | 9.20 % | |||
| Three Year Return | 15.40 % | |||
| Five Year Return | 6.30 % | |||
| Ten Year Return | (3.90) % | |||
| Net Asset | 1.44 B |
About IShares SP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares SP GSCI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares SP GSCI 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.The Trust holds long positions in index futures that have settlement values at expiration based on the level of the SP GSCI-ER at that time, and earning interest on its non-cash Collateral Assets used to satisfy applicable margin requirements on those index futures positions. SP GSCI is traded on NYSEARCA Exchange in the United States.
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The market value of iShares SP GSCI is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares SP's value that differs from its market value or its book value, called intrinsic value, which is IShares SP'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 IShares SP's market value can be influenced by many factors that don't directly affect IShares SP'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 IShares SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares SP'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.