DYLS Financial Statements From 2010 to 2024
DYLS financial statements provide useful quarterly and yearly information to potential DYLS investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on DYLS financial statements helps investors assess DYLS's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting DYLS's valuation are summarized below:DYLS does not now have any fundamental signals for analysis.
This module can also supplement various DYLS Technical models . Check out Investing Opportunities 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 bureau of economic analysis.
Check DYLS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DYLS main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . DYLS financial statements analysis is a perfect complement when working with DYLS Valuation or Volatility modules.
DYLS |
DYLS ETF Price To Earning Analysis
DYLS'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 DYLS Price To Earning | 15.33 X |
Most of DYLS'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, DYLS 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.
CompetitionBased on the latest financial disclosure, DYLS has a Price To Earning of 15.33 times. This is much higher than that of the WisdomTree family and significantly higher than that of the Price To Earning category. The price to earning for all United States etfs is notably lower than that of the firm.
DYLS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining DYLS's current stock value. Our valuation model uses many indicators to compare DYLS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DYLS competition to find correlations between indicators driving DYLS's intrinsic value. More Info.DYLS is rated # 4 ETF in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.20 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for DYLS is roughly 5.03 . Comparative valuation analysis is a catch-all model that can be used if you cannot value DYLS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DYLS'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 DYLS's earnings, one of the primary drivers of an investment's value.Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DYLS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DYLS's short interest history, or implied volatility extrapolated from DYLS options trading.
Pair Trading with DYLS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DYLS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DYLS will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to APA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace APA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back APA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling APA Corporation to buy it.
The correlation of APA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as APA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if APA Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for APA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities 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 bureau of economic analysis. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Tools for DYLS Etf
When running DYLS's price analysis, check to measure DYLS'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 DYLS is operating at the current time. Most of DYLS's value examination focuses on studying past and present price action to predict the probability of DYLS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DYLS's price. Additionally, you may evaluate how the addition of DYLS to your portfolios can decrease your overall portfolio volatility.
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