Software Three Year Return vs. Price To Book
| FSCSX Fund | USD 31.49 0.40 1.25% |
For Software profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Software to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Software And It utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Software's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Software And It over time as well as its relative position and ranking within its peers.
Software |
Software And It Price To Book vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Software's current stock value. Our valuation model uses many indicators to compare Software value to that of its competitors to determine the firm's financial worth. Software And It is rated # 4 fund in three year return among similar funds. It also is rated # 4 fund in price to book among similar funds fabricating about 0.48 of Price To Book per Three Year Return. The ratio of Three Year Return to Price To Book for Software And It is roughly 2.10 . 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 Software's earnings, one of the primary drivers of an investment's value.Software Price To Book 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.
Software |
| = | 9.49 % |
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.
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.
Software |
| = | 4.53 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.
Software Price To Book Comparison
Software is rated # 3 fund in price to book among similar funds.
Software Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Software, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Software will eventually generate negative long term returns. The profitability progress is the general direction of Software's change in net profit over the period of time. It can combine multiple indicators of Software, 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 common stocks. It normally invests at least 80 percent of assets in securities of companies principally engaged in research, design, production, or distribution of products or processes that relate to software or information-based services. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuers financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.
Software Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Software. 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 Software 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 Software's important profitability drivers and their relationship over time.
Use Software 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 Software 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 Software will appreciate offsetting losses from the drop in the long position's value.Software Pair Trading
Software And It Pair Trading Analysis
The ability to find closely correlated positions to Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Software 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 Software - 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 Software And It to buy it.
The correlation of Software 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 Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Software And It 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 Software 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 Software position
In addition to having Software 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 Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 42 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 Long Short Funds Theme or any other thematic opportunities.
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Other Information on Investing in Software Mutual Fund
To fully project Software's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Software And It 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 Software's income statement, its balance sheet, and the statement of cash flows.
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