13d Activist Year To Date Return vs. Price To Book
| DDDAX Fund | USD 20.85 0.03 0.14% |
For 13d Activist profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 13d Activist to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 13d Activist Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 13d Activist's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 13d Activist Fund over time as well as its relative position and ranking within its peers.
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13d Activist Price To Book vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining 13d Activist's current stock value. Our valuation model uses many indicators to compare 13d Activist value to that of its competitors to determine the firm's financial worth. 13d Activist Fund is rated below average in year to date return among similar funds. It is one of the top funds in price to book among similar funds fabricating about 1.26 of Price To Book per Year To Date Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value 13d Activist by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for 13d Activist's Mutual Fund. 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 13d Activist's earnings, one of the primary drivers of an investment's value.13d Price To Book vs. Year To Date Return
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
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| = | 2.00 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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.
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| = | 2.53 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.
13d Price To Book Comparison
13d Activist is currently under evaluation in price to book among similar funds.
13d Activist Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in 13d Activist, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 13d Activist will eventually generate negative long term returns. The profitability progress is the general direction of 13d Activist's change in net profit over the period of time. It can combine multiple indicators of 13d Activist, 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.
The fund invests primarily in common stocks of U.S. companies of any market capitalization that are the target of shareholder activism. The adviser defines an activist as an investor who holds or takes a long position in a companys shares and either has a history of activist investing andor has publicly disclosed a catalyst for change such as seeking board seats, improving operations andor corporate governance practices, approving a merger, spinning-off an operating division or selling a significant amount of company assets. It is non-diversified.
13d Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 13d Activist. 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 13d Activist 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 13d Activist's important profitability drivers and their relationship over time.
Use 13d Activist 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 13d Activist 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 13d Activist will appreciate offsetting losses from the drop in the long position's value.13d Activist Pair Trading
13d Activist Fund Pair Trading Analysis
The ability to find closely correlated positions to 13d Activist could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 13d Activist 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 13d Activist - 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 13d Activist Fund to buy it.
The correlation of 13d Activist 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 13d Activist moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 13d Activist 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 13d Activist 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 13d Activist position
In addition to having 13d Activist 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda Theme or any other thematic opportunities.
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Check out Investing Opportunities. Note that the 13d Activist information on this page should be used as a complementary analysis to other 13d Activist'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
To fully project 13d Activist's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of 13d Activist 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 13d Activist's income statement, its balance sheet, and the statement of cash flows.