Utilities Ultrasector Ten Year Return vs. Three Year Return
| UTPIX Fund | USD 70.48 0.30 0.42% |
For Utilities Ultrasector profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Utilities Ultrasector to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Utilities Ultrasector Profund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Utilities Ultrasector's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Utilities Ultrasector Profund over time as well as its relative position and ranking within its peers.
Utilities |
Utilities Ultrasector Three Year Return vs. Ten Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Utilities Ultrasector's current stock value. Our valuation model uses many indicators to compare Utilities Ultrasector value to that of its competitors to determine the firm's financial worth. Utilities Ultrasector Profund is rated below average in ten year return among similar funds. It also is rated below average in three year return among similar funds reporting about 0.27 of Three Year Return per Ten Year Return. The ratio of Ten Year Return to Three Year Return for Utilities Ultrasector Profund is roughly 3.69 . 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 Utilities Ultrasector's earnings, one of the primary drivers of an investment's value.Utilities Three Year Return vs. Ten Year Return
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Utilities Ultrasector |
| = | 13.99 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
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.
Utilities Ultrasector |
| = | 3.79 % |
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.
Utilities Three Year Return Comparison
Utilities Ultrasector is currently under evaluation in three year return among similar funds.
Utilities Ultrasector Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Utilities Ultrasector, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Utilities Ultrasector will eventually generate negative long term returns. The profitability progress is the general direction of Utilities Ultrasector's change in net profit over the period of time. It can combine multiple indicators of Utilities Ultrasector, 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 in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by SP Dow Jones Indices LLC. The index represents the utilities sector of the SP 500 Index . The fund is non-diversified.
Utilities Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Utilities Ultrasector. 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 Utilities Ultrasector 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 Utilities Ultrasector's important profitability drivers and their relationship over time.
Use Utilities Ultrasector 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 Utilities Ultrasector 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 Utilities Ultrasector will appreciate offsetting losses from the drop in the long position's value.Utilities Ultrasector Pair Trading
Utilities Ultrasector Profund Pair Trading Analysis
The ability to find closely correlated positions to Utilities Ultrasector could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Utilities Ultrasector 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 Utilities Ultrasector - 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 Utilities Ultrasector Profund to buy it.
The correlation of Utilities Ultrasector 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 Utilities Ultrasector moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Utilities Ultrasector 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 Utilities Ultrasector 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 Utilities Ultrasector position
In addition to having Utilities Ultrasector 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 Aircraft Thematic Idea Now
Aircraft
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 44 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 Aircraft Theme or any other thematic opportunities.
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Other Information on Investing in Utilities Mutual Fund
To fully project Utilities Ultrasector's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Utilities Ultrasector 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 Utilities Ultrasector's income statement, its balance sheet, and the statement of cash flows.
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