Questrade Russell Selected Fundamentals

Questrade Russell 1000 Equal Weight US Technology Index ETF Hedged to CAD -- Canada ETF  

CAD 30.07  0.00  0.00%

The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools

Price to Earning Analysis

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investor monitor on a daily basis. Holding a low PE stock is less risky because. When a company's profitability fall, it is likely that earnings will also go down..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.
Questrade Russell 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
 = 
23.63 times

About Price to Earning

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.Compare to competition
Based on latest financial disclosure the price to earning indicator of Questrade Russell 1000 Equal Weight US Technology Index ETF Hedged to CAD is roughly 23.63 times. This is 74.78% higher than that of the Questrade Wealth Management Inc. sector, and significantly higher than that of Price to Earning industry, The Price to Earning for all etfs is 186.77% lower than the firm.

Questrade Russell 1000 Fundamental Drivers Relationships

Questrade Russell 1000 Equal Weight US Technology Index ETF Hedged to CAD cannot be rated in Price to Book category at this point. It cannot be rated in Price to Sales category at this point. fabricating about  0.56  of Price to Sales per Price to Book. The ratio of Price to Book to Price to Sales for Questrade Russell 1000 Equal Weight US Technology Index ETF Hedged to CAD is roughly  1.79 

Peer Comparison

Questrade Russell Price to Book Comparison
Questrade Russell cannot be rated in Price to Book category at this point.

Did you try this?

Run Piotroski F Score Now
   

Piotroski F Score

Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Hide  View All  NextLaunch Piotroski F Score

Asset Allocation

Fund Instrument Allocation for Questrade Russell
The fund invests 49.53% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
 Value 
      Instrument Type 

Fundamental Indicators

Current Questrade Russell financial ratios