Washington Mutual Year To Date Return vs. Price To Sales
| WSHFX Fund | USD 61.18 0.66 1.09% |
For Washington Mutual profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Washington Mutual to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Washington Mutual Investors utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Washington Mutual's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Washington Mutual Investors over time as well as its relative position and ranking within its peers.
Washington |
Washington Mutual Price To Sales vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Washington Mutual's current stock value. Our valuation model uses many indicators to compare Washington Mutual value to that of its competitors to determine the firm's financial worth. Washington Mutual Investors 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 price to sales among similar funds fabricating about 0.08 of Price To Sales per Year To Date Return. The ratio of Year To Date Return to Price To Sales for Washington Mutual Investors is roughly 12.12 . 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 Washington Mutual's earnings, one of the primary drivers of an investment's value.Washington Price To Sales 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.
Washington Mutual |
| = | 22.42 % |
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Washington Mutual |
| = | 1.85 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Washington Price To Sales Comparison
Washington Mutual is currently under evaluation in price to sales among similar funds.
Washington Mutual Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Washington Mutual, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Washington Mutual will eventually generate negative long term returns. The profitability progress is the general direction of Washington Mutual's change in net profit over the period of time. It can combine multiple indicators of Washington Mutual, 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 common stocks of established companies that are listed on, or meet the financial listing requirements of, the New York Stock Exchange and have a strong record of earnings and dividends. Its advisor strives to maintain a fully invested, diversified portfolio, consisting primarily of high-quality common stocks.
Washington Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Washington Mutual. 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 Washington Mutual 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 Washington Mutual's important profitability drivers and their relationship over time.
Use Washington Mutual 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 Washington Mutual 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 Washington Mutual will appreciate offsetting losses from the drop in the long position's value.Washington Mutual Pair Trading
Washington Mutual Investors Pair Trading Analysis
The ability to find closely correlated positions to Washington Mutual could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Washington Mutual 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 Washington Mutual - 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 Washington Mutual Investors to buy it.
The correlation of Washington Mutual 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 Washington Mutual moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Washington Mutual 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 Washington Mutual 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 Washington Mutual position
In addition to having Washington Mutual 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 IT Thematic Idea Now
IT
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 48 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 IT Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Washington Mutual Fund
To fully project Washington Mutual's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Washington Mutual 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 Washington Mutual's income statement, its balance sheet, and the statement of cash flows.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |