Jacob Micro Three Year Return vs. Price To Book
| JMCGX Fund | USD 24.12 0.21 0.86% |
For Jacob Micro profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jacob Micro to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jacob Micro Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jacob Micro's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jacob Micro Cap over time as well as its relative position and ranking within its peers.
Jacob |
Jacob Micro Cap Price To Book vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jacob Micro's current stock value. Our valuation model uses many indicators to compare Jacob Micro value to that of its competitors to determine the firm's financial worth. Jacob Micro Cap is rated second overall fund in three year return among similar funds. It is currently considered the top fund in price to book among similar funds . 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 Jacob Micro's earnings, one of the primary drivers of an investment's value.Jacob 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.
Jacob Micro |
| = | (11.95) % |
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.
Jacob Micro |
| = | 1.66 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.
Jacob Price To Book Comparison
Jacob Micro is currently under evaluation in price to book among similar funds.
Jacob Micro Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jacob Micro, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jacob Micro will eventually generate negative long term returns. The profitability progress is the general direction of Jacob Micro's change in net profit over the period of time. It can combine multiple indicators of Jacob Micro, 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 investing, under normal circumstances, at least 80 percent of its assets in micro capitalization companies. Micro capitalization companies are defined as those companies with market capitalizations of less than or equal to 600 million or within the capitalization range of the Russell Micro Cap Growth Index at the time of purchase.
Jacob Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jacob Micro. 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 Jacob Micro 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 Jacob Micro's important profitability drivers and their relationship over time.
Use Jacob Micro 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 Jacob Micro 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 Jacob Micro will appreciate offsetting losses from the drop in the long position's value.Jacob Micro Pair Trading
Jacob Micro Cap Pair Trading Analysis
The ability to find closely correlated positions to Jacob Micro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jacob Micro 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 Jacob Micro - 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 Jacob Micro Cap to buy it.
The correlation of Jacob Micro 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 Jacob Micro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jacob Micro Cap 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 Jacob Micro 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 Jacob Micro position
In addition to having Jacob Micro 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 IT Thematic Idea Now
IT
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 48 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 IT Theme or any other thematic opportunities.
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Other Information on Investing in Jacob Mutual Fund
To fully project Jacob Micro's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jacob Micro Cap 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 Jacob Micro's income statement, its balance sheet, and the statement of cash flows.
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| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |