DTN Financial Statements From 2010 to 2024
| DTN Etf | USD 92.95 0.83 0.89% |
Check DTN financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DTN main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . DTN financial statements analysis is a perfect complement when working with DTN Valuation or Volatility modules.
DTN |
DTN ETF Price To Earning Analysis
DTN'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 DTN Price To Earning | 17.63 X |
Most of DTN'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, DTN 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.
CompetitionDTN Price To Earning Component Assessment
Based on the latest financial disclosure, DTN has a Price To Earning of 17.63 times. This is 373.92% higher than that of the WisdomTree family and 5.32% lower than that of the Large Value category. The price to earning for all United States etfs is notably lower than that of the firm.
DTN Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining DTN's current stock value. Our valuation model uses many indicators to compare DTN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DTN competition to find correlations between indicators driving DTN's intrinsic value. More Info.DTN is one of the top ETFs in price to earning as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for DTN is roughly 7.73 . Comparative valuation analysis is a catch-all model that can be used if you cannot value DTN by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DTN'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 DTN's earnings, one of the primary drivers of an investment's value.About DTN Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include DTN income statement, its balance sheet, and the statement of cash flows. DTN investors use historical funamental indicators, such as DTN's revenue or net income, to determine how well the company is positioned to perform in the future. Although DTN investors may use each financial statement separately, they are all related. The changes in DTN's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DTN'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 DTN Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DTN. Please read more on our technical analysis and fundamental analysis pages.
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. WisdomTree is traded on PCX Exchange in the United States.
Pair Trading with DTN
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 DTN 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 DTN will appreciate offsetting losses from the drop in the long position's value.Moving against DTN Etf
| 0.87 | MPAY | Akros Monthly Payout | PairCorr |
| 0.82 | ITDD | Ishares Lifepath Target | PairCorr |
| 0.77 | DGRO | iShares Core Dividend | PairCorr |
| 0.75 | VTV | Vanguard Value Index | PairCorr |
| 0.75 | IVE | iShares SP 500 | PairCorr |
The ability to find closely correlated positions to DTN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DTN 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 DTN - 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 DTN to buy it.
The correlation of DTN 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 DTN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DTN 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 DTN 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 estimate. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of DTN is measured differently than its book value, which is the value of DTN that is recorded on the company's balance sheet. Investors also form their own opinion of DTN's value that differs from its market value or its book value, called intrinsic value, which is DTN'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 DTN's market value can be influenced by many factors that don't directly affect DTN'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 DTN's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTN'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.