EDBI Valuation

EDBI Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining EDBI's current stock value. Our valuation model uses many indicators to compare EDBI value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EDBI competition to find correlations between indicators driving EDBI's intrinsic value. More Info.EDBI 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  0.11  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for EDBI is roughly  9.20 . Comparative valuation analysis is a catch-all model that can be used if you cannot value EDBI by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EDBI'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 EDBI's earnings, one of the primary drivers of an investment's value.

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 labor statistics. Note that the EDBI information on this page should be used as a complementary analysis to other EDBI'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 the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

When running EDBI's price analysis, check to measure EDBI'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 EDBI is operating at the current time. Most of EDBI's value examination focuses on studying past and present price action to predict the probability of EDBI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDBI's price. Additionally, you may evaluate how the addition of EDBI to your portfolios can decrease your overall portfolio volatility.