Morgan Creek Price To Earning vs. Price To Book
| CSH Etf | USD 25.63 0.00 0.00% |
For Morgan Creek profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Morgan Creek to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Morgan Creek Capital utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Morgan Creek's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Morgan Creek Capital over time as well as its relative position and ranking within its peers.
Morgan |
The market value of Morgan Creek Capital is measured differently than its book value, which is the value of Morgan that is recorded on the company's balance sheet. Investors also form their own opinion of Morgan Creek's value that differs from its market value or its book value, called intrinsic value, which is Morgan Creek'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 Morgan Creek's market value can be influenced by many factors that don't directly affect Morgan Creek'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 Morgan Creek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morgan Creek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morgan Creek'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.
Morgan Creek Capital Price To Book vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Morgan Creek's current stock value. Our valuation model uses many indicators to compare Morgan Creek value to that of its competitors to determine the firm's financial worth. Morgan Creek Capital is the top ETF in price to earning as compared to similar ETFs. It is the top ETF in price to book as compared to similar ETFs fabricating about 0.03 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Morgan Creek Capital is roughly 34.50 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Morgan Creek by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Morgan Creek'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 Morgan Creek's earnings, one of the primary drivers of an investment's value.Morgan Price To Book vs. Price To Earning
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.
Morgan Creek |
| = | 37.60 X |
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.
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.
Morgan Creek |
| = | 1.09 X |
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.
Morgan Price To Book Comparison
Morgan Creek is currently under evaluation in price to book as compared to similar ETFs.
Morgan Creek Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Morgan Creek, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Morgan Creek will eventually generate negative long term returns. The profitability progress is the general direction of Morgan Creek's change in net profit over the period of time. It can combine multiple indicators of Morgan Creek, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal market conditions, the fund seeks to invest primarily in units made up of common stock, warrants and rights of U.S. Morgan Creek is traded on NYSEARCA Exchange in the United States.
Morgan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Morgan Creek. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Morgan Creek position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Morgan Creek's important profitability drivers and their relationship over time.
| Price To Earning vs Price To Sales | ||
| Beta vs Price To Book | ||
| Price To Earning vs Net Asset | ||
| Equity Positions Weight vs Price To Book |
Use Morgan Creek in pair-trading
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 Morgan Creek 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 Morgan Creek will appreciate offsetting losses from the drop in the long position's value.Morgan Creek Pair Trading
Morgan Creek Capital Pair Trading Analysis
The ability to find closely correlated positions to Morgan Creek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morgan Creek 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 Morgan Creek - 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 Morgan Creek Capital to buy it.
The correlation of Morgan Creek 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 Morgan Creek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morgan Creek Capital 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 Morgan Creek 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.Use Investing Themes to Complement your Morgan Creek position
In addition to having Morgan Creek in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Wireless Thematic Idea Now
Wireless
Companies providing wireless technology and communication services. The Wireless theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wireless Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities 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 state. You can also try the Stocks Directory module to find actively traded stocks across global markets.
To fully project Morgan Creek's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Morgan Creek Capital at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Morgan Creek's income statement, its balance sheet, and the statement of cash flows.