Global Opportunities Three Year Return vs. Year To Date Return
Based on Global Opportunities' profitability indicators, Global Opportunities Fund may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Global Opportunities' ability to earn profits and add value for shareholders.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price.
Please note, there is a significant difference between Global Opportunities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Opportunities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Opportunities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Global Opportunities profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Opportunities to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Opportunities Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Opportunities's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Opportunities Fund over time as well as its relative position and ranking within its peers.
Global |
Global Opportunities Year To Date Return vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Global Opportunities's current stock value. Our valuation model uses many indicators to compare Global Opportunities value to that of its competitors to determine the firm's financial worth. Global Opportunities Fund is one of the top funds in three year return among similar funds. It also is one of the top funds in year to date return among similar funds creating about 2.57 of Year To Date Return per Three Year Return. 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 Global Opportunities' earnings, one of the primary drivers of an investment's value.Global Year To Date Return vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Global Opportunities |
| = | 5.49 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year 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.
Global Opportunities |
| = | 14.10 % |
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.
Global Year To Date Return Comparison
Global Opportunities is currently under evaluation in year to date return among similar funds.
Global Opportunities Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Global Opportunities, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Global Opportunities will eventually generate negative long term returns. The profitability progress is the general direction of Global Opportunities' change in net profit over the period of time. It can combine multiple indicators of Global Opportunities, 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 investment seeks to provide long-term capital appreciation. Meeder Global is traded on NASDAQ Exchange in the United States.
Global Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Global Opportunities. 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 Global Opportunities 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 Global Opportunities' important profitability drivers and their relationship over time.
Use Global Opportunities 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 Global Opportunities 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 Global Opportunities will appreciate offsetting losses from the drop in the long position's value.Global Opportunities Pair Trading
Global Opportunities Fund Pair Trading Analysis
The ability to find closely correlated positions to Northrop Grumman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northrop Grumman 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 Northrop Grumman - 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 Northrop Grumman to buy it.
The correlation of Northrop Grumman 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 Northrop Grumman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northrop Grumman 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 Northrop Grumman 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 Global Opportunities position
In addition to having Global Opportunities 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 Health Care ETFs Thematic Idea Now
Health Care ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Health Care ETFs theme has 47 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 Health Care ETFs Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Tools for Global Mutual Fund
When running Global Opportunities' price analysis, check to measure Global Opportunities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Opportunities is operating at the current time. Most of Global Opportunities' value examination focuses on studying past and present price action to predict the probability of Global Opportunities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Opportunities' price. Additionally, you may evaluate how the addition of Global Opportunities to your portfolios can decrease your overall portfolio volatility.
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