Alphacentric Income Net Asset vs. One Year Return
| IOFIX Fund | USD 7.41 0.02 0.27% |
For Alphacentric Income profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alphacentric Income to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alphacentric Income Opportunities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alphacentric Income's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alphacentric Income Opportunities over time as well as its relative position and ranking within its peers.
Alphacentric |
Alphacentric Income One Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alphacentric Income's current stock value. Our valuation model uses many indicators to compare Alphacentric Income value to that of its competitors to determine the firm's financial worth. Alphacentric Income Opportunities is rated below average in net asset among similar funds. It is rated below average in one year return among similar funds . The ratio of Net Asset to One Year Return for Alphacentric Income Opportunities is about 1,303,025,866 . 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 Alphacentric Income's earnings, one of the primary drivers of an investment's value.Alphacentric One Year Return vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Alphacentric Income |
| = | 533.98 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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.
Alphacentric Income |
| = | 0.41 % |
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.
Alphacentric One Year Return Comparison
Alphacentric Income is rated fifth overall fund in one year return among similar funds.
Alphacentric Income Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alphacentric Income, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alphacentric Income will eventually generate negative long term returns. The profitability progress is the general direction of Alphacentric Income's change in net profit over the period of time. It can combine multiple indicators of Alphacentric 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 seeks to achieve its investment objective by primarily investing in asset-backed fixed income securities, such as securities backed by credit card receivables, automobiles, aircraft, student loans, equipment leases, and agency and non-agency residential and commercial mortgages. Asset-backed securities in which the fund may invest also include collateralized debt obligations , collateralized loan obligations and privately-offered collateralized loans.
Alphacentric Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alphacentric 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 Alphacentric 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 Alphacentric Income's important profitability drivers and their relationship over time.
Use Alphacentric 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 Alphacentric 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 Alphacentric Income will appreciate offsetting losses from the drop in the long position's value.Alphacentric Income Pair Trading
Alphacentric Income Opportunities Pair Trading Analysis
The ability to find closely correlated positions to Alphacentric 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 Alphacentric 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 Alphacentric 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 Alphacentric Income Opportunities to buy it.
The correlation of Alphacentric 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 Alphacentric Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alphacentric 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 Alphacentric 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 Alphacentric Income position
In addition to having Alphacentric 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 Latest Losers Thematic Idea Now
Latest Losers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 157 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 Latest Losers Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Alphacentric Mutual Fund
To fully project Alphacentric Income's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alphacentric 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 Alphacentric Income's income statement, its balance sheet, and the statement of cash flows.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |