Df Dent Ten Year Return vs. Price To Book
| DFDPX Fund | USD 44.57 0.13 0.29% |
For Df Dent profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Df Dent to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Df Dent Premier utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Df Dent's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Df Dent Premier over time as well as its relative position and ranking within its peers.
DFDPX |
Df Dent Premier Price To Book vs. Ten Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Df Dent's current stock value. Our valuation model uses many indicators to compare Df Dent value to that of its competitors to determine the firm's financial worth. Df Dent Premier is one of the top funds in ten year return among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.29 of Price To Book per Ten Year Return. The ratio of Ten Year Return to Price To Book for Df Dent Premier is roughly 3.49 . 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 Df Dent's earnings, one of the primary drivers of an investment's value.DFDPX Price To Book vs. Ten Year Return
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Df Dent |
| = | 15.69 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
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.
Df Dent |
| = | 4.50 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.
DFDPX Price To Book Comparison
Df Dent is currently under evaluation in price to book among similar funds.
Df Dent Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Df Dent, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Df Dent will eventually generate negative long term returns. The profitability progress is the general direction of Df Dent's change in net profit over the period of time. It can combine multiple indicators of Df Dent, 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 primarily in equity securities, consisting of common stock, preferred stock, securities convertible into common stock of domestic companies, real estate investment trusts , American Depositary Receipts , and exchange-traded funds that the Adviser believes possess superior long-term growth characteristics and have strong, sustainable earnings prospects and reasonably valued stock prices.
DFDPX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Df Dent. 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 Df Dent 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 Df Dent's important profitability drivers and their relationship over time.
Use Df Dent 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 Df Dent 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 Df Dent will appreciate offsetting losses from the drop in the long position's value.Df Dent Pair Trading
Df Dent Premier Pair Trading Analysis
The ability to find closely correlated positions to Df Dent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Df Dent 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 Df Dent - 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 Df Dent Premier to buy it.
The correlation of Df Dent 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 Df Dent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Df Dent Premier 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 Df Dent 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 Df Dent position
In addition to having Df Dent 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 Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value 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 Large Value Funds Theme or any other thematic opportunities.
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Other Information on Investing in DFDPX Mutual Fund
To fully project Df Dent's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Df Dent Premier 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 Df Dent's income statement, its balance sheet, and the statement of cash flows.
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