Bruce Fund One Year Return vs. Year To Date Return
| BRUFX Fund | USD 541.77 2.58 0.47% |
For Bruce Fund profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bruce Fund to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bruce Fund Bruce utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bruce Fund's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bruce Fund Bruce over time as well as its relative position and ranking within its peers.
Bruce |
Bruce Fund Bruce Year To Date Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bruce Fund's current stock value. Our valuation model uses many indicators to compare Bruce Fund value to that of its competitors to determine the firm's financial worth. Bruce Fund Bruce is rated below average in one year return among similar funds. It also is rated below average in year to date return among similar funds creating about 0.54 of Year To Date Return per One Year Return. The ratio of One Year Return to Year To Date Return for Bruce Fund Bruce is roughly 1.86 . 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 Bruce Fund's earnings, one of the primary drivers of an investment's value.Bruce Year To Date Return vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Bruce Fund |
| = | 14.11 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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.
Bruce Fund |
| = | 7.58 % |
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.
Bruce Year To Date Return Comparison
Bruce Fund is rated below average in year to date return among similar funds.
Bruce Fund Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bruce Fund, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bruce Fund will eventually generate negative long term returns. The profitability progress is the general direction of Bruce Fund's change in net profit over the period of time. It can combine multiple indicators of Bruce Fund, 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 domestic common stocks and bonds, including convertible bonds and zero coupon government bonds. The fund may invest, without restriction, in future interest and principal of U.S. government securities, commonly known as zero coupon bonds.
Bruce Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bruce Fund. 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 Bruce Fund 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 Bruce Fund's important profitability drivers and their relationship over time.
Use Bruce Fund 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 Bruce Fund 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 Bruce Fund will appreciate offsetting losses from the drop in the long position's value.Bruce Fund Pair Trading
Bruce Fund Bruce Pair Trading Analysis
The ability to find closely correlated positions to Bruce Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bruce Fund 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 Bruce Fund - 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 Bruce Fund Bruce to buy it.
The correlation of Bruce Fund 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 Bruce Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bruce Fund Bruce 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 Bruce Fund 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 Bruce Fund position
In addition to having Bruce Fund 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 Shipbuilding Railroad Equipment Thematic Idea Now
Shipbuilding Railroad Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Bruce Mutual Fund
To fully project Bruce Fund's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bruce Fund Bruce 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 Bruce Fund's income statement, its balance sheet, and the statement of cash flows.
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