Markets
A low P/E ratio is a question, not a bargain label
Read a P/E ratio with the right earnings definition. Compare trailing and forward estimates, cyclical profits and debt before treating a low multiple as a bargain.
Explore a subject
Markets
Valuation, earnings and the mechanics behind a market headline.
Markets
Profitable on paper, short of cash: how that happens
See why profit and cash flow can diverge. A worked example connects receivables, inventory and capital spending to the money a business actually has available.
Photo: stevepb, via Wikimedia Commons · CC0 1.0
Markets
The company beat earnings. Why did its stock fall?
An earnings beat can still disappoint investors. Separate reported results, expectations, guidance and valuation to understand why a stock may fall on strong news.
Markets
A stock split changes the slice, not the whole pie
Understand stock splits and reverse splits through share counts, adjusted prices and charts. Learn why a lower price per share does not itself create company value.
Markets
Why bond prices fall when yields rise
Learn why bond prices usually fall when market yields rise. Compare fixed coupons, maturity and interest-rate risk, including the difference between bonds and funds.
.jpg){kind=link}
.jpg){kind=link}
Markets
A bitcoin ETP is a wrapper, not a risk eraser
Compare a bitcoin ETP with direct bitcoin ownership: custody, fees, trading hours and tracking. Learn what the investment wrapper changes and which risks remain.
