Sextant E Five Year Return vs. Price To Sales
| SCORX Fund | USD 17.44 0.03 0.17% |
For Sextant E profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sextant E to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sextant E Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sextant E's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sextant E Fund over time as well as its relative position and ranking within its peers.
Sextant |
Sextant E Fund Price To Sales vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sextant E's current stock value. Our valuation model uses many indicators to compare Sextant E value to that of its competitors to determine the firm's financial worth. Sextant E Fund is rated fifth largest fund in five year return among similar funds. It is rated third largest fund in price to sales among similar funds fabricating about 0.27 of Price To Sales per Five Year Return. The ratio of Five Year Return to Price To Sales for Sextant E Fund is roughly 3.67 . 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 Sextant E's earnings, one of the primary drivers of an investment's value.Sextant Price To Sales 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.
Sextant E |
| = | 7.01 % |
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Sextant E |
| = | 1.91 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Sextant Price To Sales Comparison
Sextant E is rated second largest fund in price to sales among similar funds.
Sextant E Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sextant E, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sextant E will eventually generate negative long term returns. The profitability progress is the general direction of Sextant E's change in net profit over the period of time. It can combine multiple indicators of Sextant E, 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 invests in a mix of equity and debt securities. It normally invests 40 percent of its assets in equity securities of U.S. companies, 20 percent in foreign equity securities, and 40 percent in investment-grade fixed income securities including money market instruments and cash. The fund follows a value investing approach and principally invests in income-producing securities of companies with market capitalizations greater than 5 billion.
Sextant Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sextant E. 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 Sextant E 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 Sextant E's important profitability drivers and their relationship over time.
Use Sextant E 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 Sextant E 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 Sextant E will appreciate offsetting losses from the drop in the long position's value.Sextant E Pair Trading
Sextant E Fund Pair Trading Analysis
The ability to find closely correlated positions to Sextant E could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sextant E 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 Sextant E - 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 Sextant E Fund to buy it.
The correlation of Sextant E 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 Sextant E moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sextant E Fund 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 Sextant E 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 Sextant E position
In addition to having Sextant E 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 Entertainment Thematic Idea Now
Entertainment
Companies from entertainment industry including show business, news and media. The Entertainment theme has 47 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 Entertainment Theme or any other thematic opportunities.
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Other Information on Investing in Sextant Mutual Fund
To fully project Sextant E's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sextant E Fund 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 Sextant E's income statement, its balance sheet, and the statement of cash flows.
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