Westcore Orado Bond Positions Weight vs. Three Year Return
| WTCOX Fund | USD 10.55 0.01 0.09% |
For Westcore Orado profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Westcore Orado to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Westcore Orado Tax Exempt utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Westcore Orado's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Westcore Orado Tax Exempt over time as well as its relative position and ranking within its peers.
Westcore |
Westcore Orado Tax Three Year Return vs. Bond Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Westcore Orado's current stock value. Our valuation model uses many indicators to compare Westcore Orado value to that of its competitors to determine the firm's financial worth. Westcore Orado Tax Exempt is presently regarded as number one fund in bond positions weight among similar funds. It is rated third in three year return among similar funds . 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 Orado's earnings, one of the primary drivers of an investment's value.Westcore Three Year Return vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Westcore Orado |
| = | 0.09 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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.
Westcore Orado |
| = | (0.92) % |
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.
Westcore Three Year Return Comparison
Westcore Orado is currently under evaluation in three year return among similar funds.
Westcore Orado Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Westcore Orado, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Westcore Orado will eventually generate negative long term returns. The profitability progress is the general direction of Westcore Orado's change in net profit over the period of time. It can combine multiple indicators of Westcore Orado, 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 will invest at least eighty percent of the value of its net assets, plus any borrowings for investment purposes, in securities, the income from which is exempt from both federal and Colorado state income tax. It focuses primarily on investment-grade quality municipal bonds that are rated in one of the three highest investment-grade categories at the time of purchase by one or more nationally recognized rating agencies such as Moodys or Standard Poors. The fund is non-diversified.
Westcore Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Westcore Orado. 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 Orado 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 Orado's important profitability drivers and their relationship over time.
Use Westcore Orado 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 Orado 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 Orado will appreciate offsetting losses from the drop in the long position's value.Westcore Orado Pair Trading
Westcore Orado Tax Exempt Pair Trading Analysis
The ability to find closely correlated positions to Westcore Orado 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 Orado 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 Orado - 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 Orado Tax Exempt to buy it.
The correlation of Westcore Orado 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 Orado moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westcore Orado Tax 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 Orado 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 Westcore Orado position
In addition to having Westcore Orado 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 Insurance Providers Thematic Idea Now
Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers 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 Insurance Providers Theme or any other thematic opportunities.
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Other Information on Investing in Westcore Mutual Fund
To fully project Westcore Orado's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Westcore Orado Tax 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 Orado's income statement, its balance sheet, and the statement of cash flows.
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