ETFMG Prime Financial Statements From 2010 to 2023

Etfs . USA . 
Etf . ETFMG Prime Mobile
IPAY Etf  USD 40.53  0.87  2.10%   
ETFMG Prime financial statements provide useful quarterly and yearly information to potential ETFMG Prime Mobile 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 ETFMG Prime financial statements helps investors assess ETFMG Prime's valuation, profitability, and current liquidity needs.
ETFMG Prime Mobile does not today have any fundamental signals for analysis.
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Check ETFMG Prime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ETFMG main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ETFMG financial statements analysis is a perfect complement when working with ETFMG Prime Valuation or Volatility modules. It can also supplement ETFMG Prime's financial leverage analysis and stock options assessment as well as various ETFMG Prime Technical models . Check out the analysis of ETFMG Prime Correlation against competitors. For more information on how to buy ETFMG Etf please use our How to Invest in ETFMG Prime guide.

ETFMG Price to Book Analysis

ETFMG Prime's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
P/B 
 = 
MV Per Share 
BV Per Share 
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Current ETFMG Prime Price to Book

    
  3.64 X  
Most of ETFMG Prime's fundamental indicators, such as Price to Book, 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, ETFMG Prime Mobile is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

ETFMG Prime Price to Book Component Assessment

Based on the latest financial disclosure, the price to book indicator of ETFMG Prime Mobile is roughly 3.64 times. This is much higher than that of the ETFMG family and significantly higher than that of the Miscellaneous Sector category. The price to book for all United States etfs is notably lower than that of the firm.

ETFMG Prime Mobile Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ETFMG Prime's current stock value. Our valuation model uses many indicators to compare ETFMG Prime value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ETFMG Prime competition to find correlations between indicators driving ETFMG Prime's intrinsic value. More Info.
ETFMG Prime Mobile is rated below average 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  0.16  of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for ETFMG Prime Mobile is roughly  6.07 . Comparative valuation analysis is a catch-all model that can be used if you cannot value ETFMG Prime by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ETFMG Prime'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 ETFMG Prime's earnings, one of the primary drivers of an investment's value.

About ETFMG Prime Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ETFMG Prime income statement, its balance sheet, and the statement of cash flows. ETFMG Prime investors use historical funamental indicators, such as ETFMG Prime's revenue or net income, to determine how well the company is positioned to perform in the future. Although ETFMG Prime investors may use each financial statement separately, they are all related. The changes in ETFMG Prime's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ETFMG Prime's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ETFMG Prime Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ETFMG Prime. Please read more on our technical analysis and fundamental analysis pages.
The index tracks the performance of the exchange-listed equity securities of companies across the globe that engage in providing payment processing services or applications, provide payment solutions, build or provide payment industry architecture, infrastructure or software or, provide services as a credit card network. Etfmg Prime is traded on NYSEARCA Exchange in the United States.

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Our tools can tell you how much better you can do entering a position in ETFMG Prime without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as ETFMG Prime Mobile using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Check out the analysis of ETFMG Prime Correlation against competitors. For more information on how to buy ETFMG Etf please use our How to Invest in ETFMG Prime guide. Note that the ETFMG Prime Mobile information on this page should be used as a complementary analysis to other ETFMG Prime's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running ETFMG Prime Mobile price analysis, check to measure ETFMG Prime'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 ETFMG Prime is operating at the current time. Most of ETFMG Prime's value examination focuses on studying past and present price action to predict the probability of ETFMG Prime's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ETFMG Prime's price. Additionally, you may evaluate how the addition of ETFMG Prime to your portfolios can decrease your overall portfolio volatility.
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The market value of ETFMG Prime Mobile is measured differently than its book value, which is the value of ETFMG that is recorded on the company's balance sheet. Investors also form their own opinion of ETFMG Prime's value that differs from its market value or its book value, called intrinsic value, which is ETFMG Prime'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 ETFMG Prime's market value can be influenced by many factors that don't directly affect ETFMG Prime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between ETFMG Prime's value and its price as these two are different measures arrived at by different means. Investors typically determine ETFMG Prime value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETFMG Prime'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.
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