Global Centrated One Year Return vs. Net Asset

MLNAX Fund  USD 23.60  0.23  0.98%   
Based on the measurements of profitability obtained from Global Centrated's financial statements, Global Centrated Portfolio 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 Global Centrated's ability to earn profits and add value for shareholders.
For Global Centrated profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Centrated to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Centrated Portfolio utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Centrated's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Centrated Portfolio 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 Global Centrated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Centrated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Centrated'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.

Global Centrated Por Net Asset vs. One Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Global Centrated's current stock value. Our valuation model uses many indicators to compare Global Centrated value to that of its competitors to determine the firm's financial worth.
Global Centrated Portfolio is regarded second largest fund in one year return among similar funds. It also is regarded second largest fund in net asset among similar funds making up about  633,262  of Net Asset 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 Global Centrated's earnings, one of the primary drivers of an investment's value.

Global Net Asset 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.

Global Centrated

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
35.32 %
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.
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.

Global Centrated

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
22.37 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.

Global Net Asset Comparison

Global Centrated is currently under evaluation in net asset among similar funds.

Global Centrated Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Global Centrated, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Global Centrated will eventually generate negative long term returns. The profitability progress is the general direction of Global Centrated's change in net profit over the period of time. It can combine multiple indicators of Global Centrated, 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 Adviser seeks to achieve the funds investment objective by investing primarily in U.S. and non-U.S. companies. The adviser utilizes both a top-down and a bottom-up stock selection process, seeking investments in companies with attractive valuations, above average appreciation potential and competitive dividend yields. The Adviser primarily uses a sector-neutral factor model that is broadly grouped into the following four categories momentumrisk, valuation, quality and growth to help identify market drivers. The fund is non-diversified.

Global Profitability Driver Comparison

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

Use Global Centrated 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 Global Centrated 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 Global Centrated will appreciate offsetting losses from the drop in the long position's value.

Global Centrated Pair Trading

Global Centrated Portfolio Pair Trading Analysis

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

In addition to having Global Centrated 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 Video Games Thematic Idea Now

Video Games
Video Games Theme
Companies that are involved in the building and marketing of video games or gaming software. The Video Games theme has 24 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 Video Games Theme or any other thematic opportunities.
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Other Information on Investing in Global Mutual Fund

To fully project Global Centrated's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Global Centrated Por 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 Global Centrated's income statement, its balance sheet, and the statement of cash flows.
Potential Global Centrated investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Global Centrated investors may work on each financial statement separately, they are all related. The changes in Global Centrated's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Global Centrated'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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