Astor Star Five Year Return vs. Price To Book
| CSPGX Fund | USD 14.60 0.03 0.21% |
For Astor Star profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Astor Star to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Astor Star Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Astor Star's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Astor Star Fund over time as well as its relative position and ranking within its peers.
Astor |
Astor Star Fund Price To Book vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Astor Star's current stock value. Our valuation model uses many indicators to compare Astor Star value to that of its competitors to determine the firm's financial worth. Astor Star Fund is the top fund in five year return among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.25 of Price To Book per Five Year Return. The ratio of Five Year Return to Price To Book for Astor Star Fund is roughly 4.01 . 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 Astor Star's earnings, one of the primary drivers of an investment's value.Astor Price To Book 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.
Astor Star |
| = | 8.05 % |
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.
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.
Astor Star |
| = | 2.01 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.
Astor Price To Book Comparison
Astor Star is currently under evaluation in price to book among similar funds.
Astor Star Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Astor Star, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Astor Star will eventually generate negative long term returns. The profitability progress is the general direction of Astor Star's change in net profit over the period of time. It can combine multiple indicators of Astor Star, 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 predominantly in exchange-traded funds that each invest primarily in equity securities, fixed-income securities, or cash equivalents. It defines equity securities to include ETFs that invest primarily in equity securities, such as common and preferred stocks. The managers define fixed-income securities to include ETFs that invest primarily in fixed-income securities, such as bonds, notes and debentures. It invests at least 80 percent of its assets measured at the time of purchase in ETFs.
Astor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Astor Star. 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 Astor Star 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 Astor Star's important profitability drivers and their relationship over time.
Use Astor Star 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 Astor Star 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 Astor Star will appreciate offsetting losses from the drop in the long position's value.Astor Star Pair Trading
Astor Star Fund Pair Trading Analysis
The ability to find closely correlated positions to Astor Star could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astor Star 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 Astor Star - 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 Astor Star Fund to buy it.
The correlation of Astor Star 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 Astor Star moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astor Star Fund 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 Astor Star 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 Astor Star position
In addition to having Astor Star 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 Heavy Metals Thematic Idea Now
Heavy Metals
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 38 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 Heavy Metals Theme or any other thematic opportunities.
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Other Information on Investing in Astor Mutual Fund
To fully project Astor Star's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Astor Star Fund 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 Astor Star's income statement, its balance sheet, and the statement of cash flows.
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