Aamhimco Short Year To Date Return vs. Net Asset

ASDAX Fund  USD 10.02  0.01  0.1%   
Based on Aamhimco Short's profitability indicators, Aamhimco Short Duration 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 Aamhimco Short's ability to earn profits and add value for shareholders.
For Aamhimco Short profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aamhimco Short to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aamhimco Short Duration utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aamhimco Short's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aamhimco Short Duration 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 Aamhimco Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aamhimco Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aamhimco Short'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.

Aamhimco Short Duration Net Asset vs. Year To Date Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Aamhimco Short's current stock value. Our valuation model uses many indicators to compare Aamhimco Short value to that of its competitors to determine the firm's financial worth.
Aamhimco Short Duration is rated below average in year to date return among similar funds. It also is rated below average in net asset among similar funds making up about  86,864,903  of Net Asset 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 Aamhimco Short's earnings, one of the primary drivers of an investment's value.

Aamhimco Net Asset 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.

Aamhimco Short

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
5.21 %
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.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Aamhimco Short

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
452.21 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

Aamhimco Net Asset Comparison

Aamhimco Short is rated below average in net asset among similar funds.

Aamhimco Short Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Aamhimco Short, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aamhimco Short will eventually generate negative long term returns. The profitability progress is the general direction of Aamhimco Short's change in net profit over the period of time. It can combine multiple indicators of Aamhimco Short, 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 has an investment policy whereby at least 80 percent of the funds net assets will be invested, under normal circumstances, in fixed income instruments. It normally invests at least 65 percent of its total assets in investment grade securities. The fund may invest up to 35 percent of its total assets in non-investment grade securities , as well as bank loans and loan participation interests.

Aamhimco Profitability Driver Comparison

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

Use Aamhimco Short 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 Aamhimco Short 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 Aamhimco Short will appreciate offsetting losses from the drop in the long position's value.

Aamhimco Short Pair Trading

Aamhimco Short Duration Pair Trading Analysis

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

In addition to having Aamhimco Short 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 Education Thematic Idea Now

Education
Education Theme
Companies involved in apprenticeship, education, tutoring, schooling, online universities, and other learning services. The Education 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 Education Theme or any other thematic opportunities.
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Other Information on Investing in Aamhimco Mutual Fund

To fully project Aamhimco Short's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aamhimco Short Duration 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 Aamhimco Short's income statement, its balance sheet, and the statement of cash flows.
Potential Aamhimco Short investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Aamhimco Short investors may work on each financial statement separately, they are all related. The changes in Aamhimco Short's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aamhimco Short'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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