Tocqueville Gold Three Year Return vs. Five Year Return
| TGLDXDelisted Fund | USD 40.39 0.00 0.00% |
For Tocqueville Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tocqueville Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Tocqueville Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tocqueville Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Tocqueville Gold over time as well as its relative position and ranking within its peers.
Tocqueville |
Tocqueville Gold Five Year Return vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tocqueville Gold's current stock value. Our valuation model uses many indicators to compare Tocqueville Gold value to that of its competitors to determine the firm's financial worth. The Tocqueville Gold is rated top fund in three year return among similar funds. It is rated third largest fund in five year return among similar funds reporting about 0.35 of Five Year Return per Three Year Return. The ratio of Three Year Return to Five Year Return for The Tocqueville Gold is roughly 2.84 . 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 Tocqueville Gold's earnings, one of the primary drivers of an investment's value.Tocqueville Five Year Return vs. Three Year Return
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.
Tocqueville Gold |
| = | 34.03 % |
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.
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.
Tocqueville Gold |
| = | 11.98 % |
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.
Tocqueville Five Year Return Comparison
Tocqueville Gold is currently under evaluation in five year return among similar funds.
Tocqueville Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tocqueville Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tocqueville Gold will eventually generate negative long term returns. The profitability progress is the general direction of Tocqueville Gold's change in net profit over the period of time. It can combine multiple indicators of Tocqueville Gold, 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 achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets, plus borrowings for investment purposes, in gold and securities of companies located throughout the world, in both developed and emerging markets, that are engaged in mining or processing gold . Tocqueville Gold is traded on BATS Exchange in USA.
Tocqueville Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tocqueville Gold. 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 Tocqueville Gold 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 Tocqueville Gold's important profitability drivers and their relationship over time.
Use Tocqueville Gold 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 Tocqueville Gold 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 Tocqueville Gold will appreciate offsetting losses from the drop in the long position's value.Tocqueville Gold Pair Trading
The Tocqueville Gold Pair Trading Analysis
The ability to find closely correlated positions to Tocqueville Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tocqueville Gold 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 Tocqueville Gold - 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 The Tocqueville Gold to buy it.
The correlation of Tocqueville Gold 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 Tocqueville Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tocqueville Gold 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 Tocqueville Gold 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 Tocqueville Gold position
In addition to having Tocqueville Gold 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 ESG Investing Thematic Idea Now
ESG Investing
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 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 ESG Investing Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in Tocqueville Mutual Fund
If you are still planning to invest in Tocqueville Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tocqueville Gold's history and understand the potential risks before investing.
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