Wasatch Core Net Asset vs. Price To Book
| WIGRX Fund | USD 91.86 0.01 0.01% |
For Wasatch Core profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wasatch Core to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wasatch E Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wasatch Core's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wasatch E Growth over time as well as its relative position and ranking within its peers.
Wasatch |
Wasatch E Growth Price To Book vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wasatch Core's current stock value. Our valuation model uses many indicators to compare Wasatch Core value to that of its competitors to determine the firm's financial worth. Wasatch E Growth is presently regarded as number one fund in net asset among similar funds. It also is presently regarded as number one fund in price to book among similar funds . The ratio of Net Asset to Price To Book for Wasatch E Growth is about 905,452,514 . 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 Wasatch Core's earnings, one of the primary drivers of an investment's value.Wasatch Price To Book vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Wasatch Core |
| = | 3.24 B |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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.
Wasatch Core |
| = | 3.58 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.
Wasatch Core Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wasatch Core, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wasatch Core will eventually generate negative long term returns. The profitability progress is the general direction of Wasatch Core's change in net profit over the period of time. It can combine multiple indicators of Wasatch Core, 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 primarily in smaller growing companies at reasonable prices. It may invest up to 20 percent of the funds total assets in the equity securities of foreign companies . Securities issued by companies incorporated outside the United States whose securities are principally traded in the United States are not defined as foreign companies and are not subject to this limitation.
Wasatch Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wasatch Core. 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 Wasatch Core 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 Wasatch Core's important profitability drivers and their relationship over time.
Use Wasatch Core 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 Wasatch Core 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 Wasatch Core will appreciate offsetting losses from the drop in the long position's value.Wasatch Core Pair Trading
Wasatch E Growth Pair Trading Analysis
The ability to find closely correlated positions to Wasatch Core could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wasatch Core 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 Wasatch Core - 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 Wasatch E Growth to buy it.
The correlation of Wasatch Core 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 Wasatch Core moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wasatch E Growth 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 Wasatch Core 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 Wasatch Core position
In addition to having Wasatch Core 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 Tips ETFs Thematic Idea Now
Tips ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Tips ETFs theme has 41 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 Tips ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Wasatch Mutual Fund
To fully project Wasatch Core's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Wasatch E Growth 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 Wasatch Core's income statement, its balance sheet, and the statement of cash flows.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |