Qtec First Fundamentals

QABA -  USA Etf  

USD 50.40  1.13  2.29%

Qtec First Trust fundamentals help investors to digest information that contributes to Qtec First's financial success or failures. It also enables traders to predict the movement of Qtec First Etf. The fundamental analysis module provides a way to measure Qtec First's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Qtec First etf. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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Qtec First Price to Sales Analysis

Qtec First's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
P/S 
 = 
MV Per Share 
Revenue Per Share 
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Current Qtec First Price to Sales

    
  4.12 X  
Most of Qtec First's fundamental indicators, such as Price to Sales, 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, Qtec First Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Compare to competition

Qtec First Price to Sales Component Assessment

Based on the latest financial disclosure, the price to sales indicator of Qtec First Trust is roughly 4.12 times. This is 390.48% higher than that of the First Trust family and significantly higher than that of the Financial category. The price to sales for all United States etfs is notably lower than that of the firm.

Qtec First Trust Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Qtec First's current stock value. Our valuation model uses many indicators to compare Qtec First value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Qtec First competition to find correlations between indicators driving Qtec First's intrinsic value. More Info.
Qtec First Trust is presently regarded as number one ETF in price to sales as compared to similar ETFs. It is presently regarded as number one ETF in price to earning as compared to similar ETFs reporting about  4.07  of Price to Earning per Price to Sales. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Qtec First by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Qtec First'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 Qtec First's earnings, one of the primary drivers of an investment's value.

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Fund Asset Allocation for Qtec First

The fund invests 99.89% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
 Value 
      Instrument Type 

Qtec First Fundamentals

About Qtec First Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Qtec First Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qtec First using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qtec First Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Qtec First 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 Qtec First without increasing your portfolio risk or giving up 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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Currently Active Assets on Macroaxis

Please see Qtec First Piotroski F Score and Qtec First Altman Z Score analysis. Note that the Qtec First Trust information on this page should be used as a complementary analysis to other Qtec First'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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