Intrepid Income Price To Book vs. Three Year Return
| ICMUX Fund | USD 9.09 0.01 0.11% |
For Intrepid Income profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Intrepid Income to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Intrepid Income Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Intrepid Income's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Intrepid Income Fund over time as well as its relative position and ranking within its peers.
Intrepid |
Intrepid Income Three Year Return vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Intrepid Income's current stock value. Our valuation model uses many indicators to compare Intrepid Income value to that of its competitors to determine the firm's financial worth. Intrepid Income Fund is currently considered the top fund in price to book among similar funds. It also is currently considered the top fund in three year return among similar funds reporting about 6.56 of Three Year Return per Price To Book. 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 Intrepid Income's earnings, one of the primary drivers of an investment's value.Intrepid Three Year Return vs. Price To Book
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.
Intrepid Income |
| = | 0.92 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.
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.
Intrepid Income |
| = | 6.03 % |
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.
Intrepid Three Year Return Comparison
Intrepid Income is currently under evaluation in three year return among similar funds.
Intrepid Income Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Intrepid Income, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Intrepid Income will eventually generate negative long term returns. The profitability progress is the general direction of Intrepid Income's change in net profit over the period of time. It can combine multiple indicators of Intrepid Income, 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 primarily invests in a diversified portfolio of fixed-income securities. Its fixed income securities will consist principally of high-yield corporate debt securities, bank debt , convertible debt, and U.S. government securities. The funds investments in debt instruments will not be limited in duration, but typically will be in securities having a duration of two to six years at the time of purchase.
Intrepid Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Intrepid Income. 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 Intrepid Income 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 Intrepid Income's important profitability drivers and their relationship over time.
Use Intrepid Income 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 Intrepid Income 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 Intrepid Income will appreciate offsetting losses from the drop in the long position's value.Intrepid Income Pair Trading
Intrepid Income Fund Pair Trading Analysis
The ability to find closely correlated positions to Intrepid Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intrepid Income 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 Intrepid Income - 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 Intrepid Income Fund to buy it.
The correlation of Intrepid Income 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 Intrepid Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intrepid Income 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 Intrepid Income 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 Intrepid Income position
In addition to having Intrepid Income 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 Wholesale Thematic Idea Now
Wholesale
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale theme has 61 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 Wholesale Theme or any other thematic opportunities.
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Other Information on Investing in Intrepid Mutual Fund
To fully project Intrepid Income's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Intrepid Income 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 Intrepid Income's income statement, its balance sheet, and the statement of cash flows.
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