Diversified Municipal Bond Positions Weight vs. Year To Date Return
| AIDZX Fund | USD 13.98 0.02 0.14% |
For Diversified Municipal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Diversified Municipal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Diversified Municipal Portfolio utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Diversified Municipal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Diversified Municipal Portfolio over time as well as its relative position and ranking within its peers.
Diversified |
Diversified Municipal Year To Date Return vs. Bond Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Diversified Municipal's current stock value. Our valuation model uses many indicators to compare Diversified Municipal value to that of its competitors to determine the firm's financial worth. Diversified Municipal Portfolio is the top fund in bond positions weight among similar funds. It also is the top fund in year to date return among similar funds creating about 3.59 of Year To Date Return per Bond Positions Weight. 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 Diversified Municipal's earnings, one of the primary drivers of an investment's value.Diversified Year To Date Return vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Diversified Municipal |
| = | 0.70 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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.
Diversified Municipal |
| = | 2.51 % |
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.
Diversified Year To Date Return Comparison
Diversified Municipal is currently under evaluation in year to date return among similar funds.
Diversified Municipal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Diversified Municipal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Diversified Municipal will eventually generate negative long term returns. The profitability progress is the general direction of Diversified Municipal's change in net profit over the period of time. It can combine multiple indicators of Diversified Municipal, 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 at least 80 percent of its net assets in municipal securities. It invests at least 80 percent of its total assets in municipal securities rated A, or better by NRSROs and comparably rated municipal notes.
Diversified Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Diversified Municipal. 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 Diversified Municipal 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 Diversified Municipal's important profitability drivers and their relationship over time.
Use Diversified Municipal 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 Diversified Municipal 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 Diversified Municipal will appreciate offsetting losses from the drop in the long position's value.Diversified Municipal Pair Trading
Diversified Municipal Portfolio Pair Trading Analysis
The ability to find closely correlated positions to Diversified Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diversified Municipal 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 Diversified Municipal - 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 Diversified Municipal Portfolio to buy it.
The correlation of Diversified Municipal 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 Diversified Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diversified Municipal 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 Diversified Municipal 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 Diversified Municipal position
In addition to having Diversified Municipal 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 Currency Funds Thematic Idea Now
Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 45 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 Currency Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Diversified Mutual Fund
To fully project Diversified Municipal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Diversified Municipal 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 Diversified Municipal's income statement, its balance sheet, and the statement of cash flows.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |