Avanza Bank vs Quantum Nifty Exchange Traded Scheme Which Performs Better?

Avanza Bank and Quantum Nifty Exchange Traded Scheme are two prominent players in the stock market, each with its defining characteristics and advantages. Avanza Bank has a reputation for its innovative approach to banking services and investment opportunities, while Quantum Nifty Exchange Traded Scheme is known for its focus on tracking the performance of the Nifty index. Both companies offer unique benefits for investors seeking to diversify their portfolios and capitalize on market trends. Understanding the differences between these two stocks can help individuals make informed investment decisions.

Avanza Bank or Quantum Nifty Exchange Traded Scheme?

When comparing Avanza Bank and Quantum Nifty Exchange Traded Scheme, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Avanza Bank and Quantum Nifty Exchange Traded Scheme.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Avanza Bank has a dividend yield of 4.32%, while Quantum Nifty Exchange Traded Scheme has a dividend yield of 0%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Avanza Bank reports a 5-year dividend growth of -6.51% year and a payout ratio of 85.01%. On the other hand, Quantum Nifty Exchange Traded Scheme reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Avanza Bank P/E ratio at 19.66 and Quantum Nifty Exchange Traded Scheme's P/E ratio at 0.00. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Avanza Bank P/B ratio is 7.34 while Quantum Nifty Exchange Traded Scheme's P/B ratio is 0.00.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Avanza Bank has seen a 5-year revenue growth of 2.43%, while Quantum Nifty Exchange Traded Scheme's is 0.00%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Avanza Bank's ROE at 36.91% and Quantum Nifty Exchange Traded Scheme's ROE at 0.00%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are kr264.80 for Avanza Bank and ₹2654.00 for Quantum Nifty Exchange Traded Scheme. Over the past year, Avanza Bank's prices ranged from kr201.90 to kr284.80, with a yearly change of 41.06%. Quantum Nifty Exchange Traded Scheme's prices fluctuated between ₹780.00 and ₹2666.00, with a yearly change of 241.79%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.