Advent Claymore Five Year Return vs. Three Year Return
| AVK Fund | USD 12.18 0.02 0.16% |
For Advent Claymore profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Advent Claymore to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Advent Claymore Convertible utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Advent Claymore's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Advent Claymore Convertible over time as well as its relative position and ranking within its peers.
Advent |
Advent Claymore Conv Three Year Return vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Advent Claymore's current stock value. Our valuation model uses many indicators to compare Advent Claymore value to that of its competitors to determine the firm's financial worth. Advent Claymore Convertible is third largest fund in five year return among similar funds. It is rated below average in three year return among similar funds . Comparative valuation analysis is a catch-all technique that is used if you cannot value Advent Claymore by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Advent Three Year Return vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Advent Claymore |
| = | 5.96 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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.
Advent Claymore |
| = | (0.60) % |
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.
Advent Three Year Return Comparison
Advent Claymore is currently under evaluation in three year return among similar funds.
Advent Claymore Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Advent Claymore, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Advent Claymore will eventually generate negative long term returns. The profitability progress is the general direction of Advent Claymore's change in net profit over the period of time. It can combine multiple indicators of Advent Claymore, 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.
Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60 percent of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Claymore Convertible Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.
Advent Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Advent Claymore. 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 Advent Claymore 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 Advent Claymore's important profitability drivers and their relationship over time.
Use Advent Claymore 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 Advent Claymore 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 Advent Claymore will appreciate offsetting losses from the drop in the long position's value.Advent Claymore Pair Trading
Advent Claymore Convertible Pair Trading Analysis
The ability to find closely correlated positions to Advent Claymore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advent Claymore 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 Advent Claymore - 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 Advent Claymore Convertible to buy it.
The correlation of Advent Claymore 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 Advent Claymore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advent Claymore Conv 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 Advent Claymore 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 Advent Claymore position
In addition to having Advent Claymore 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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ISP
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP 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 ISP Theme or any other thematic opportunities.
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Other Information on Investing in Advent Fund
To fully project Advent Claymore's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Advent Claymore Conv 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 Advent Claymore's income statement, its balance sheet, and the statement of cash flows.
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