Tangerine Balanced Ten Year Return vs. Cash Position Weight
| 0P0000ACFS | CAD 22.31 0.13 0.58% |
For Tangerine Balanced profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tangerine Balanced to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tangerine Balanced Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tangerine Balanced's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tangerine Balanced Growth over time as well as its relative position and ranking within its peers.
Tangerine |
Tangerine Balanced Growth Cash Position Weight vs. Ten Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tangerine Balanced's current stock value. Our valuation model uses many indicators to compare Tangerine Balanced value to that of its competitors to determine the firm's financial worth. Tangerine Balanced Growth is fourth largest fund in ten year return among similar funds. It also is fourth largest fund in cash position weight among similar funds creating about 0.03 of Cash Position Weight per Ten Year Return. The ratio of Ten Year Return to Cash Position Weight for Tangerine Balanced Growth is roughly 32.88 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tangerine Balanced by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tangerine Balanced's 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.Tangerine Cash Position Weight 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.
Tangerine Balanced |
| = | 7.89 % |
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.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Tangerine Balanced |
| = | 0.24 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Tangerine Cash Position Weight Comparison
Tangerine Balanced is third largest fund in cash position weight among similar funds.
Tangerine Balanced Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tangerine Balanced, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tangerine Balanced will eventually generate negative long term returns. The profitability progress is the general direction of Tangerine Balanced's change in net profit over the period of time. It can combine multiple indicators of Tangerine Balanced, 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.
This Fund seeks to provide capital appreciation and some income by investing in both equity and fixed income securities based on a prescribed allocation among four distinct asset classes Canadian bonds, Canadian equity, U.S. equity and international equity. Tangerine Balanced is traded on Toronto Stock Exchange in Canada.
Tangerine Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tangerine Balanced. 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 Tangerine Balanced 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 Tangerine Balanced's important profitability drivers and their relationship over time.
Use Tangerine Balanced 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 Tangerine Balanced 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 Tangerine Balanced will appreciate offsetting losses from the drop in the long position's value.Tangerine Balanced Pair Trading
Tangerine Balanced Growth Pair Trading Analysis
The ability to find closely correlated positions to Tangerine Balanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tangerine Balanced 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 Tangerine Balanced - 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 Tangerine Balanced Growth to buy it.
The correlation of Tangerine Balanced 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 Tangerine Balanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tangerine Balanced Growth 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 Tangerine Balanced 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 Tangerine Balanced position
In addition to having Tangerine Balanced 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 Silver Thematic Idea Now
Silver
Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 37 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 Silver Theme or any other thematic opportunities.
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Other Information on Investing in Tangerine Fund
To fully project Tangerine Balanced's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tangerine Balanced Growth 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 Tangerine Balanced's income statement, its balance sheet, and the statement of cash flows.
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