State Farm Price To Book vs. Annual Yield

STFBX Fund  USD 97.86  0.29  0.30%   
Taking into consideration State Farm's profitability measurements, State Farm Balanced 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 State Farm's ability to earn profits and add value for shareholders.
For State Farm profitability analysis, we use financial ratios and fundamental drivers that measure the ability of State Farm to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well State Farm Balanced utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between State Farm's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of State Farm Balanced over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between State Farm's value and its price as these two are different measures arrived at by different means. Investors typically determine if State Farm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, State Farm'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.

State Farm Balanced Annual Yield vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining State Farm's current stock value. Our valuation model uses many indicators to compare State Farm value to that of its competitors to determine the firm's financial worth.
State Farm Balanced is rated top fund in price to book among similar funds. It also is rated top fund in annual yield among similar funds fabricating about  0.01  of Annual Yield per Price To Book. The ratio of Price To Book to Annual Yield for State Farm Balanced is roughly  148.28 . 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 State Farm's earnings, one of the primary drivers of an investment's value.

State Annual Yield vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

State Farm

P/B

 = 

MV Per Share

BV Per Share

 = 
3.01 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

State Farm

Yield

 = 

Income from Security

Current Share Price

 = 
0.02 %
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.

State Annual Yield Comparison

State Farm is currently under evaluation in annual yield among similar funds.

State Farm Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in State Farm, profitability is also one of the essential criteria for including it into their portfolios because, without profit, State Farm will eventually generate negative long term returns. The profitability progress is the general direction of State Farm's change in net profit over the period of time. It can combine multiple indicators of State Farm, 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 approximately 65 percent of its total assets in common stocks, and ordinarily limits its common stock investments to no more than 75 percent of its total assets. Although there is no restriction on the size of companies in which it may invest, ordinarily most of its common stock investments include but are not limited to large capitalization and mid-capitalization equity securities as defined by SP Dow Jones Indices at the time of investment.

State Profitability Driver Comparison

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

Use State Farm 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 State Farm 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 State Farm will appreciate offsetting losses from the drop in the long position's value.

State Farm Pair Trading

State Farm Balanced Pair Trading Analysis

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

In addition to having State Farm 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.

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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 Cryptocurrency ETFs Theme or any other thematic opportunities.
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Other Information on Investing in State Mutual Fund

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