Centre American Cash Position Weight vs. One Year Return
| DHAMX Fund | USD 17.70 0.04 0.23% |
For Centre American profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Centre American to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Centre American Select utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Centre American's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Centre American Select over time as well as its relative position and ranking within its peers.
Centre |
Centre American Select One Year Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Centre American's current stock value. Our valuation model uses many indicators to compare Centre American value to that of its competitors to determine the firm's financial worth. Centre American Select is one of the top funds in cash position weight among similar funds. It also is one of the top funds in one year return among similar funds reporting about 45.50 of One Year Return per Cash Position Weight. 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 Centre American's earnings, one of the primary drivers of an investment's value.Centre One Year Return vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Centre American |
| = | 0.46 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
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.
Centre American |
| = | 20.93 % |
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.
Centre One Year Return Comparison
Centre American is currently under evaluation in one year return among similar funds.
Centre American Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Centre American, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Centre American will eventually generate negative long term returns. The profitability progress is the general direction of Centre American's change in net profit over the period of time. It can combine multiple indicators of Centre American, 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 normally invests at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities of large capitalization U.S. companies. The 80 percent portion of the funds portfolio consists of investments in U.S. companies that are members of the SP 500 Index or possess similar minimum market capitalization and trading volume attributes. The remaining 20 percent of the funds net assets, plus borrowings for investment purposes, may include small-cap and mid-cap companies, preferred stock, exchange-traded funds , and preferred stock.
Centre Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Centre American. 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 Centre American 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 Centre American's important profitability drivers and their relationship over time.
Use Centre American 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 Centre American 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 Centre American will appreciate offsetting losses from the drop in the long position's value.Centre American Pair Trading
Centre American Select Pair Trading Analysis
The ability to find closely correlated positions to Centre American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centre American 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 Centre American - 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 Centre American Select to buy it.
The correlation of Centre American 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 Centre American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centre American Select 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 Centre American 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 Centre American position
In addition to having Centre American 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 Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 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 Robots And Drones Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Centre Mutual Fund
To fully project Centre American's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Centre American Select 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 Centre American's income statement, its balance sheet, and the statement of cash flows.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |