1290 Gamco Price To Earning vs. Price To Book
Considering 1290 Gamco's profitability and operating efficiency indicators, 1290 Gamco Smallmid may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess 1290 Gamco's ability to earn profits and add value for shareholders.
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 main economic indicators.
Please note, there is a significant difference between 1290 Gamco's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1290 Gamco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1290 Gamco'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.
For 1290 Gamco profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 1290 Gamco to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 1290 Gamco Smallmid utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 1290 Gamco's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 1290 Gamco Smallmid over time as well as its relative position and ranking within its peers.
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1290 Gamco Smallmid Price To Book vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining 1290 Gamco's current stock value. Our valuation model uses many indicators to compare 1290 Gamco value to that of its competitors to determine the firm's financial worth. 1290 Gamco Smallmid is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for 1290 Gamco Smallmid is roughly 9.65 . 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 1290 Gamco's earnings, one of the primary drivers of an investment's value.1290 Price To Book vs. Price To Earning
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.
1290 Gamco |
| = | 19.87 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.
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.
1290 Gamco |
| = | 2.06 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.
1290 Price To Book Comparison
1290 Gamco is currently under evaluation in price to book among similar funds.
1290 Gamco Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in 1290 Gamco, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 1290 Gamco will eventually generate negative long term returns. The profitability progress is the general direction of 1290 Gamco's change in net profit over the period of time. It can combine multiple indicators of 1290 Gamco, 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.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in securities of small- and mid-capitalization companies. 1290 Gamco is traded on NASDAQ Exchange in the United States.
1290 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 1290 Gamco. 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 1290 Gamco 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 1290 Gamco's important profitability drivers and their relationship over time.
Use 1290 Gamco 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 1290 Gamco 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 1290 Gamco will appreciate offsetting losses from the drop in the long position's value.1290 Gamco Pair Trading
1290 Gamco Smallmid Pair Trading Analysis
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 1290 Gamco position
In addition to having 1290 Gamco 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 Books Thematic Idea Now
Books
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 38 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 Books 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 main economic indicators. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in 1290 Mutual Fund
If you are still planning to invest in 1290 Gamco Smallmid 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 1290 Gamco's history and understand the potential risks before investing.
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