LG Longer One Year Return vs. Three Year Return
| COMF Etf | 22.65 0.05 0.22% |
For LG Longer profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LG Longer to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LG Longer Dated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LG Longer's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LG Longer Dated over time as well as its relative position and ranking within its peers.
COMF |
LG Longer Dated Three Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining LG Longer's current stock value. Our valuation model uses many indicators to compare LG Longer value to that of its competitors to determine the firm's financial worth. LG Longer Dated is rated below average in one year return as compared to similar ETFs. It also is rated below average in three year return as compared to similar ETFs reporting about 3.08 of Three Year Return per One Year 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 LG Longer's earnings, one of the primary drivers of an investment's value.COMF Three Year Return 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.
LG Longer |
| = | 2.60 % |
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.
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.
LG Longer |
| = | 8.00 % |
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.
COMF Three Year Return Comparison
LG Longer is fifth largest ETF in three year return as compared to similar ETFs.
LG Longer Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in LG Longer, profitability is also one of the essential criteria for including it into their portfolios because, without profit, LG Longer will eventually generate negative long term returns. The profitability progress is the general direction of LG Longer's change in net profit over the period of time. It can combine multiple indicators of LG Longer, 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.
LG Longer is entity of United Kingdom. It is traded as Etf on LSE exchange.
COMF Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on LG Longer. 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 LG Longer 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 LG Longer's important profitability drivers and their relationship over time.
Use LG Longer 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 LG Longer 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 LG Longer will appreciate offsetting losses from the drop in the long position's value.LG Longer Pair Trading
LG Longer Dated Pair Trading Analysis
The ability to find closely correlated positions to LG Longer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LG Longer 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 LG Longer - 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 LG Longer Dated to buy it.
The correlation of LG Longer 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 LG Longer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LG Longer Dated 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 LG Longer 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 LG Longer position
In addition to having LG Longer 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 COMF Etf
To fully project LG Longer's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of LG Longer Dated 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 LG Longer's income statement, its balance sheet, and the statement of cash flows.