Purpose Core Equity Positions Weight vs. Three Year Return
| PDF Etf | CAD 33.72 0.13 0.38% |
For Purpose Core profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Purpose Core to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Purpose Core Dividend utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Purpose Core's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Purpose Core Dividend over time as well as its relative position and ranking within its peers.
Purpose |
Purpose Core Dividend Three Year Return vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Purpose Core's current stock value. Our valuation model uses many indicators to compare Purpose Core value to that of its competitors to determine the firm's financial worth. Purpose Core Dividend is rated number one ETF in equity positions weight as compared to similar ETFs. It also is rated number one ETF in three year return as compared to similar ETFs reporting about 0.10 of Three Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to Three Year Return for Purpose Core Dividend is roughly 9.91 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Purpose Core by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Purpose Core's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Purpose Three Year Return vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Purpose Core |
| = | 68.35 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
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.
Purpose Core |
| = | 6.90 % |
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.
Purpose Three Year Return Comparison
Purpose Core is currently under evaluation in three year return as compared to similar ETFs.
Purpose Core Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Purpose Core, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Purpose Core will eventually generate negative long term returns. The profitability progress is the general direction of Purpose Core's change in net profit over the period of time. It can combine multiple indicators of Purpose Core, 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 provide shareholders with long-term capital appreciation through investment in a portfolio of high quality North American dividend-paying equity securities and monthly cash distributions. PURPOSE CORE is traded on Toronto Stock Exchange in Canada.
Purpose Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Purpose Core. 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 Purpose Core 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 Purpose Core's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Purpose Core without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Purpose Core position
In addition to having Purpose Core 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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Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Other Information on Investing in Purpose Etf
To fully project Purpose Core's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Purpose Core Dividend 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 Purpose Core's income statement, its balance sheet, and the statement of cash flows.