Perritt Microcap Five Year Return vs. Cash Position Weight
| PRCGX Fund | USD 25.60 0.02 0.08% |
For Perritt Microcap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Perritt Microcap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Perritt Microcap Opportunities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Perritt Microcap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Perritt Microcap Opportunities over time as well as its relative position and ranking within its peers.
Perritt |
Perritt Microcap Opp Cash Position Weight vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Perritt Microcap's current stock value. Our valuation model uses many indicators to compare Perritt Microcap value to that of its competitors to determine the firm's financial worth. Perritt Microcap Opportunities is regarded second largest fund in five year return among similar funds. It also is regarded second largest fund in cash position weight among similar funds creating about 0.07 of Cash Position Weight per Five Year Return. The ratio of Five Year Return to Cash Position Weight for Perritt Microcap Opportunities is roughly 13.71 . 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 Perritt Microcap's earnings, one of the primary drivers of an investment's value.Perritt Cash Position Weight vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Perritt Microcap |
| = | 10.01 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Perritt Microcap |
| = | 0.73 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Perritt Cash Position Weight Comparison
Perritt Microcap is currently under evaluation in cash position weight among similar funds.
Perritt Microcap Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Perritt Microcap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Perritt Microcap will eventually generate negative long term returns. The profitability progress is the general direction of Perritt Microcap's change in net profit over the period of time. It can combine multiple indicators of Perritt Microcap, 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 normally invests at least 80 percent of its net assets in the common stocks of United States companies with market capitalizations that are below 500 million at the time of initial purchase, which the funds investment adviser refers to as micro-cap companies. It invests in both value-priced and aggressive growth stocks. It may invest in special situations such as companies that possess valuable patents, companies undergoing restructuring, and companies involved in large share repurchase programs.
Perritt Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Perritt Microcap. 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 Perritt Microcap 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 Perritt Microcap's important profitability drivers and their relationship over time.
Use Perritt Microcap 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 Perritt Microcap 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 Perritt Microcap will appreciate offsetting losses from the drop in the long position's value.Perritt Microcap Pair Trading
Perritt Microcap Opportunities Pair Trading Analysis
The ability to find closely correlated positions to Perritt Microcap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perritt Microcap 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 Perritt Microcap - 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 Perritt Microcap Opportunities to buy it.
The correlation of Perritt Microcap 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 Perritt Microcap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perritt Microcap Opp 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 Perritt Microcap 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 Perritt Microcap position
In addition to having Perritt Microcap 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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Other Information on Investing in Perritt Mutual Fund
To fully project Perritt Microcap's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Perritt Microcap Opp 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 Perritt Microcap's income statement, its balance sheet, and the statement of cash flows.
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