Banks Ultrasector Equity Positions Weight vs. Five Year Return
| BKPIX Fund | USD 59.72 4.91 7.60% |
For Banks Ultrasector profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Banks Ultrasector to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Banks Ultrasector Profund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Banks Ultrasector's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Banks Ultrasector Profund over time as well as its relative position and ranking within its peers.
Banks |
Banks Ultrasector Profund Five Year Return vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Banks Ultrasector's current stock value. Our valuation model uses many indicators to compare Banks Ultrasector value to that of its competitors to determine the firm's financial worth. Banks Ultrasector Profund is the top fund in equity positions weight among similar funds. It also is the top fund in five year return among similar funds reporting about 0.04 of Five Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to Five Year Return for Banks Ultrasector Profund is roughly 25.85 . 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 Banks Ultrasector's earnings, one of the primary drivers of an investment's value.Banks Five Year Return vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Banks Ultrasector |
| = | 74.75 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Banks Ultrasector |
| = | 2.89 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Banks Five Year Return Comparison
Banks Ultrasector is currently under evaluation in five year return among similar funds.
Banks Ultrasector Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Banks Ultrasector, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Banks Ultrasector will eventually generate negative long term returns. The profitability progress is the general direction of Banks Ultrasector's change in net profit over the period of time. It can combine multiple indicators of Banks Ultrasector, 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 in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index represents the banks segment of the SP Total Market Index, which comprises the following sub-industries asset management custody banks, diversified banks, regional banks, diversified financial services and commercial residential mortgage finance. The fund is non-diversified.
Banks Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Banks Ultrasector. 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 Banks Ultrasector 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 Banks Ultrasector's important profitability drivers and their relationship over time.
Use Banks Ultrasector 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 Banks Ultrasector 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 Banks Ultrasector will appreciate offsetting losses from the drop in the long position's value.Banks Ultrasector Pair Trading
Banks Ultrasector Profund Pair Trading Analysis
The ability to find closely correlated positions to Banks Ultrasector could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banks Ultrasector 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 Banks Ultrasector - 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 Banks Ultrasector Profund to buy it.
The correlation of Banks Ultrasector 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 Banks Ultrasector moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banks Ultrasector Profund 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 Banks Ultrasector 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 Banks Ultrasector position
In addition to having Banks Ultrasector 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 FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 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 FinTech Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Banks Mutual Fund
To fully project Banks Ultrasector's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Banks Ultrasector Profund 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 Banks Ultrasector's income statement, its balance sheet, and the statement of cash flows.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |