Aston/herndon Large One Year Return vs. Price To Book
| AALIX Fund | USD 11.60 0.04 0.35% |
For Aston/herndon Large profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aston/herndon Large to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Astonherndon Large Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aston/herndon Large's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Astonherndon Large Cap over time as well as its relative position and ranking within its peers.
Aston/herndon |
Astonherndon Large Cap Price To Book vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aston/herndon Large's current stock value. Our valuation model uses many indicators to compare Aston/herndon Large value to that of its competitors to determine the firm's financial worth. Astonherndon Large Cap is the top fund in one year return among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.23 of Price To Book per One Year Return. The ratio of One Year Return to Price To Book for Astonherndon Large Cap is roughly 4.38 . 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 Aston/herndon Large's earnings, one of the primary drivers of an investment's value.Aston/herndon Price To Book vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Aston/herndon Large |
| = | 14.83 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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.
Aston/herndon Large |
| = | 3.39 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.
Aston/herndon Price To Book Comparison
Astonherndon Large is currently under evaluation in price to book among similar funds.
Aston/herndon Large Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aston/herndon Large, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aston/herndon Large will eventually generate negative long term returns. The profitability progress is the general direction of Aston/herndon Large's change in net profit over the period of time. It can combine multiple indicators of Aston/herndon Large, 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 dividend paying equity securities, with at least 80 percent of its net assets in income generating equity securities and equity-related instruments traded on U.S. exchanges. The advisor includes common stocks and securities convertible into common stocks of companies with any market capitalization and sponsored or unsponsored American Depositary Receipts . The fund is non-diversified.
Aston/herndon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aston/herndon Large. 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 Aston/herndon Large 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 Aston/herndon Large's important profitability drivers and their relationship over time.
Use Aston/herndon Large 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 Aston/herndon Large 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 Aston/herndon Large will appreciate offsetting losses from the drop in the long position's value.Aston/herndon Large Pair Trading
Astonherndon Large Cap Pair Trading Analysis
The ability to find closely correlated positions to Aston/herndon Large could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aston/herndon Large 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 Aston/herndon Large - 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 Astonherndon Large Cap to buy it.
The correlation of Aston/herndon Large 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 Aston/herndon Large moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astonherndon Large Cap 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 Aston/herndon Large 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 Aston/herndon Large position
In addition to having Aston/herndon Large 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?
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Other Information on Investing in Aston/herndon Mutual Fund
To fully project Aston/herndon Large's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Astonherndon Large Cap 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 Aston/herndon Large's income statement, its balance sheet, and the statement of cash flows.
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