Semiconductor Ultrasector One Year Return vs. Price To Sales
| SMPSX Fund | USD 31.72 0.16 0.50% |
For Semiconductor Ultrasector profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Semiconductor Ultrasector to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Semiconductor Ultrasector Profund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Semiconductor Ultrasector's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Semiconductor Ultrasector Profund over time as well as its relative position and ranking within its peers.
Semiconductor |
Semiconductor Ultrasector Price To Sales vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Semiconductor Ultrasector's current stock value. Our valuation model uses many indicators to compare Semiconductor Ultrasector value to that of its competitors to determine the firm's financial worth. Semiconductor Ultrasector Profund is rated top fund in one year return among similar funds. It also is rated top fund in price to sales among similar funds fabricating about 0.03 of Price To Sales per One Year Return. The ratio of One Year Return to Price To Sales for Semiconductor Ultrasector Profund is roughly 30.12 . 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 Semiconductor Ultrasector's earnings, one of the primary drivers of an investment's value.Semiconductor Price To Sales 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.
Semiconductor Ultrasector |
| = | 100.00 % |
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.
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.
Semiconductor Ultrasector |
| = | 3.32 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.
Semiconductor Price To Sales Comparison
Semiconductor Ultrasector is currently under evaluation in price to sales among similar funds.
Semiconductor Ultrasector Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Semiconductor Ultrasector, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Semiconductor Ultrasector will eventually generate negative long term returns. The profitability progress is the general direction of Semiconductor Ultrasector's change in net profit over the period of time. It can combine multiple indicators of Semiconductor Ultrasector, 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 financial instruments that the adviser believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the stock performance of U.S. companies in the semiconductors sub-sector. The fund is non-diversified.
Semiconductor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Semiconductor Ultrasector. 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 Semiconductor Ultrasector 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 Semiconductor Ultrasector's important profitability drivers and their relationship over time.
Use Semiconductor Ultrasector 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 Semiconductor Ultrasector 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 Semiconductor Ultrasector will appreciate offsetting losses from the drop in the long position's value.Semiconductor Ultrasector Pair Trading
Semiconductor Ultrasector Profund Pair Trading Analysis
The ability to find closely correlated positions to Semiconductor Ultrasector could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Semiconductor Ultrasector 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 Semiconductor Ultrasector - 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 Semiconductor Ultrasector Profund to buy it.
The correlation of Semiconductor Ultrasector 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 Semiconductor Ultrasector moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Semiconductor Ultrasector 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 Semiconductor Ultrasector 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 Semiconductor Ultrasector position
In addition to having Semiconductor Ultrasector 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 Semiconductor Mutual Fund
To fully project Semiconductor Ultrasector's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Semiconductor Ultrasector 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 Semiconductor Ultrasector's income statement, its balance sheet, and the statement of cash flows.
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