Technology Communications Ten Year Return vs. Price To Book
| STPAX Fund | USD 22.58 0.06 0.27% |
For Technology Communications profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Technology Communications to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Technology Munications Portfolio utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Technology Communications's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Technology Munications Portfolio over time as well as its relative position and ranking within its peers.
Technology |
Technology Communications Price To Book vs. Ten Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Technology Communications's current stock value. Our valuation model uses many indicators to compare Technology Communications value to that of its competitors to determine the firm's financial worth. Technology Munications Portfolio is rated top fund in ten year return among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.23 of Price To Book per Ten Year Return. The ratio of Ten Year Return to Price To Book for Technology Munications Portfolio is roughly 4.30 . 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 Technology Communications' earnings, one of the primary drivers of an investment's value.Technology Price To Book vs. Ten Year Return
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Technology Communications |
| = | 16.37 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
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.
Technology Communications |
| = | 3.81 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.
Technology Price To Book Comparison
Technology Munications is currently under evaluation in price to book among similar funds.
Technology Communications Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Technology Communications, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Technology Communications will eventually generate negative long term returns. The profitability progress is the general direction of Technology Communications' change in net profit over the period of time. It can combine multiple indicators of Technology Communications, 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 will normally invest at least 80 percent of its total assets in equity securities issued by technology and communications companies, both domestic and foreign, regardless of their stock market value . Equity securities include common stocks, preferred stocks, securities convertible into common stocks and warrants. The fund may invest up to 25 percent of its total assets in foreign companies.
Technology Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Technology Communications. 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 Technology Communications 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 Technology Communications' important profitability drivers and their relationship over time.
Use Technology Communications 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 Technology Communications 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 Technology Communications will appreciate offsetting losses from the drop in the long position's value.Technology Communications Pair Trading
Technology Munications Portfolio Pair Trading Analysis
The ability to find closely correlated positions to Technology Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Technology Communications 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 Technology Communications - 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 Technology Munications Portfolio to buy it.
The correlation of Technology Communications 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 Technology Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Technology Communications 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 Technology Communications 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 Technology Communications position
In addition to having Technology Communications 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 Currency Funds Thematic Idea Now
Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 46 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 Currency Funds Theme or any other thematic opportunities.
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Other Information on Investing in Technology Mutual Fund
To fully project Technology Communications' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Technology Communications 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 Technology Communications' income statement, its balance sheet, and the statement of cash flows.
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