Tekla World One Year Return vs. Year To Date Return
| THW Fund | USD 11.28 0.03 0.27% |
For Tekla World profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tekla World to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tekla World Healthcare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tekla World's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tekla World Healthcare over time as well as its relative position and ranking within its peers.
Tekla |
Tekla World Healthcare Year To Date Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tekla World's current stock value. Our valuation model uses many indicators to compare Tekla World value to that of its competitors to determine the firm's financial worth. Tekla World Healthcare is rated below average in one year return among similar funds. It is rated below average in year to date return among similar funds creating about 0.22 of Year To Date Return per One Year Return. The ratio of One Year Return to Year To Date Return for Tekla World Healthcare is roughly 4.58 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Tekla World by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Tekla Year To Date Return 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.
Tekla World |
| = | 4.50 % |
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.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Tekla World |
| = | 0.98 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Tekla Year To Date Return Comparison
Tekla World is currently under evaluation in year to date return among similar funds.
Tekla World Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tekla World, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tekla World will eventually generate negative long term returns. The profitability progress is the general direction of Tekla World's change in net profit over the period of time. It can combine multiple indicators of Tekla World, 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.
Tekla World Healthcare Fund is a closed-ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector. For its fixed income portion, the fund primarily invests in corporate debt securities. Tekla World Healthcare Fund was formed on June 26, 2015 and is domiciled in the United States.
Tekla Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tekla World. 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 Tekla World 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 Tekla World's important profitability drivers and their relationship over time.
Use Tekla World 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 Tekla World 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 Tekla World will appreciate offsetting losses from the drop in the long position's value.Tekla World Pair Trading
Tekla World Healthcare Pair Trading Analysis
The ability to find closely correlated positions to Tekla World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tekla World 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 Tekla World - 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 Tekla World Healthcare to buy it.
The correlation of Tekla World 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 Tekla World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tekla World Healthcare 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 Tekla World 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 Tekla World position
In addition to having Tekla World 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 Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 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 Alternative Energy Theme or any other thematic opportunities.
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Other Information on Investing in Tekla Fund
To fully project Tekla World's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tekla World Healthcare 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 Tekla World's income statement, its balance sheet, and the statement of cash flows.
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