Floating Rate Three Year Return vs. Cash Position Weight

LRRVX Fund  USD 8.19  0.00  0.00%   
Based on the measurements of profitability obtained from Floating Rate's financial statements, Floating Rate Fund may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Floating Rate's ability to earn profits and add value for shareholders.
For Floating Rate profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Floating Rate to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Floating Rate Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Floating Rate's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Floating Rate Fund over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Floating Rate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Floating Rate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Floating Rate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Floating Rate Cash Position Weight vs. Three Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Floating Rate's current stock value. Our valuation model uses many indicators to compare Floating Rate value to that of its competitors to determine the firm's financial worth.
Floating Rate Fund is number one fund in three year return among similar funds. It also is number one fund in cash position weight among similar funds creating about  1.31  of Cash Position Weight per Three 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 Floating Rate's earnings, one of the primary drivers of an investment's value.

Floating Cash Position Weight 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.

Floating Rate

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
6.70 %
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.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.

Floating Rate

Cash Percentage

 = 

% of Cash

in the fund

 = 
8.80 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.

Floating Rate Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Floating Rate, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Floating Rate will eventually generate negative long term returns. The profitability progress is the general direction of Floating Rate's change in net profit over the period of time. It can combine multiple indicators of Floating Rate, 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 conditions, the fund pursues its investment objective by investing at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate instruments and derivatives and other instruments that effectively enable the fund to achieve a floating rate of income. It may invest up to 20 percent of its net assets in other types of debt securities and short-term instruments.

Floating Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Floating Rate. 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 Floating Rate 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 Floating Rate's important profitability drivers and their relationship over time.

Use Floating Rate 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 Floating Rate 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 Floating Rate will appreciate offsetting losses from the drop in the long position's value.

Floating Rate Pair Trading

Floating Rate Fund Pair Trading Analysis

The ability to find closely correlated positions to Floating Rate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Floating Rate 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 Floating Rate - 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 Floating Rate Fund to buy it.
The correlation of Floating Rate 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 Floating Rate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Floating Rate 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 Floating Rate 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Floating Rate position

In addition to having Floating Rate 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 Sports Thematic Idea Now

Sports
Sports Theme
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 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 Sports Theme or any other thematic opportunities.
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Other Information on Investing in Floating Mutual Fund

To fully project Floating Rate's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Floating Rate 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 Floating Rate's income statement, its balance sheet, and the statement of cash flows.
Potential Floating Rate investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Floating Rate investors may work on each financial statement separately, they are all related. The changes in Floating Rate's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Floating Rate's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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