The Tocqueville Three Year Return vs. Price To Earning

TGLDXDelisted Fund  USD 40.39  0.00  0.00%   
Based on the measurements of profitability obtained from The Tocqueville's financial statements, The Tocqueville Gold 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 The Tocqueville's ability to earn profits and add value for shareholders.
For The Tocqueville profitability analysis, we use financial ratios and fundamental drivers that measure the ability of The Tocqueville 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 The Tocqueville'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.
  
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.
Please note, there is a significant difference between The Tocqueville's value and its price as these two are different measures arrived at by different means. Investors typically determine if The Tocqueville is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, The Tocqueville'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.

Tocqueville Gold Price To Earning vs. Three Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining The Tocqueville's current stock value. Our valuation model uses many indicators to compare The Tocqueville 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 also is rated top fund in price to earning among similar funds reporting about  1.00  of Price To Earning per Three Year Return. 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 The Tocqueville's earnings, one of the primary drivers of an investment's value.

The Price To Earning 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.

The Tocqueville

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

The Tocqueville

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
34.17 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

The Price To Earning Comparison

Tocqueville Gold is currently under evaluation in price to earning among similar funds.

The Tocqueville Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in The Tocqueville, profitability is also one of the essential criteria for including it into their portfolios because, without profit, The Tocqueville will eventually generate negative long term returns. The profitability progress is the general direction of The Tocqueville's change in net profit over the period of time. It can combine multiple indicators of The Tocqueville, 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.

The Profitability Driver Comparison

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

Use The Tocqueville 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 The Tocqueville 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 The Tocqueville will appreciate offsetting losses from the drop in the long position's value.

The Tocqueville Pair Trading

The Tocqueville Gold Pair Trading Analysis

The ability to find closely correlated positions to The Tocqueville could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace The Tocqueville 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 The Tocqueville - 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 The Tocqueville 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 The Tocqueville 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 The Tocqueville 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 The Tocqueville position

In addition to having The Tocqueville 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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Run Trading Thematic Idea Now

Trading
Trading Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 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 Trading 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Consideration for investing in The 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 The Tocqueville's history and understand the potential risks before investing.
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