Jhancock New One Year Return vs. Price To Earning
| JWSOX Fund | USD 27.13 1.06 3.76% |
For Jhancock New profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jhancock New to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jhancock New Opportunities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jhancock New's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jhancock New Opportunities over time as well as its relative position and ranking within its peers.
Jhancock |
Jhancock New Opportu Price To Earning vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jhancock New's current stock value. Our valuation model uses many indicators to compare Jhancock New value to that of its competitors to determine the firm's financial worth. Jhancock New Opportunities is currently considered the top fund in one year return among similar funds. It also is currently considered the top fund in price to earning among similar funds reporting about 1.09 of Price To Earning per One 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 Jhancock New's earnings, one of the primary drivers of an investment's value.Jhancock Price To Earning vs. One Year Return
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.
Jhancock New |
| = | 18.45 % |
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Jhancock New |
| = | 20.16 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Jhancock Price To Earning Comparison
Jhancock New is currently under evaluation in price to earning among similar funds.
Jhancock New Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jhancock New, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jhancock New will eventually generate negative long term returns. The profitability progress is the general direction of Jhancock New's change in net profit over the period of time. It can combine multiple indicators of Jhancock New, 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.
Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities of small-capitalization U.S. companies. It may invest in any economic sector, and at times may emphasize one or more particular sectors. The fund also may invest in securities of foreign issuers, including foreign issuers located in emerging markets, either directly through investments in foreign currency-denominated securities traded outside of the U.S. or indirectly through depositary receipts real estate investment trusts initial public offerings and master limited partnerships.
Jhancock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jhancock New. 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 Jhancock New 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 Jhancock New's important profitability drivers and their relationship over time.
Use Jhancock New 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 Jhancock New 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 Jhancock New will appreciate offsetting losses from the drop in the long position's value.Jhancock New Pair Trading
Jhancock New Opportunities Pair Trading Analysis
The ability to find closely correlated positions to Jhancock New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jhancock New 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 Jhancock New - 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 Jhancock New Opportunities to buy it.
The correlation of Jhancock New 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 Jhancock New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jhancock New Opportu 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 Jhancock New 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 Jhancock New position
In addition to having Jhancock New 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?
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Warren Buffett Holdings
A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 constituents at this time.
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Other Information on Investing in Jhancock Mutual Fund
To fully project Jhancock New's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jhancock New Opportu 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 Jhancock New's income statement, its balance sheet, and the statement of cash flows.
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