Westcore Flexible Year To Date Return vs. Minimum Initial Investment

WILTX Fund  USD 8.66  0.02  0.23%   
Based on the measurements of profitability obtained from Westcore Flexible's financial statements, Westcore Flexible Income 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 Westcore Flexible's ability to earn profits and add value for shareholders.
For Westcore Flexible profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Westcore Flexible to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Westcore Flexible Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Westcore Flexible's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Westcore Flexible Income over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Westcore Flexible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westcore Flexible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westcore Flexible'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.

Westcore Flexible Income Minimum Initial Investment vs. Year To Date Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Westcore Flexible's current stock value. Our valuation model uses many indicators to compare Westcore Flexible value to that of its competitors to determine the firm's financial worth.
Westcore Flexible Income is presently regarded as number one fund in year to date return among similar funds. It also is presently regarded as number one fund in minimum initial investment among similar funds making about  38,634  of Minimum Initial Investment per Year To Date 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 Westcore Flexible's earnings, one of the primary drivers of an investment's value.

Westcore Minimum Initial Investment vs. Year To Date Return

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.

Westcore Flexible

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
6.47 %
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.
Minimum Initial Investment refers to minimum amount the fund family or category will require an investor to deposit to acquire the very first position in the fund or to open an account. In other words, Minimum Initial Investment is a guarantee that any investment from a purchaser of a fund meets the minimum requirement of the fund.

Westcore Flexible

Minimum Initial Investment

=

First Fund Deposit

 = 
250 K
Fund managers put minimum investment restrictions on fund investments in order to allow the fund to function properly. Minimum restrictions allow fund managers to regulate cash flows of the fund, while guarding it against random trades that may negatively affect fund strategy.

Westcore Minimum Initial Investment Comparison

Westcore Flexible is currently under evaluation in minimum initial investment among similar funds.

Westcore Flexible Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Westcore Flexible, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Westcore Flexible will eventually generate negative long term returns. The profitability progress is the general direction of Westcore Flexible's change in net profit over the period of time. It can combine multiple indicators of Westcore Flexible, 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 will invest at least eighty percent of the value of its net assets plus any borrowings for investment purposes in high yield securities. It may invest up to twenty-five percent in non-U.S. dollar-denominated securities.

Westcore Profitability Driver Comparison

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

Use Westcore Flexible 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 Westcore Flexible 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 Westcore Flexible will appreciate offsetting losses from the drop in the long position's value.

Westcore Flexible Pair Trading

Westcore Flexible Income Pair Trading Analysis

The ability to find closely correlated positions to Westcore Flexible could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westcore Flexible 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 Westcore Flexible - 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 Westcore Flexible Income to buy it.
The correlation of Westcore Flexible 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 Westcore Flexible moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westcore Flexible Income 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 Westcore Flexible 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 Westcore Flexible position

In addition to having Westcore Flexible 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 Alcohol Thematic Idea Now

Alcohol
Alcohol Theme
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 37 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 Alcohol Theme or any other thematic opportunities.
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Other Information on Investing in Westcore Mutual Fund

To fully project Westcore Flexible's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Westcore Flexible Income 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 Westcore Flexible's income statement, its balance sheet, and the statement of cash flows.
Potential Westcore Flexible investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Westcore Flexible investors may work on each financial statement separately, they are all related. The changes in Westcore Flexible's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Westcore Flexible's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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