Parametric Intl Year To Date Return vs. Net Asset
| ERISX Fund | USD 14.49 0.11 0.76% |
For Parametric Intl profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Parametric Intl to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Parametric Intl Equity utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Parametric Intl's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Parametric Intl Equity over time as well as its relative position and ranking within its peers.
Parametric |
Parametric Intl Equity Net Asset vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Parametric Intl's current stock value. Our valuation model uses many indicators to compare Parametric Intl value to that of its competitors to determine the firm's financial worth. Parametric Intl Equity is one of the top funds in year to date return among similar funds. It also is one of the top funds in net asset among similar funds making up about 104,376,138 of Net Asset per Year To Date 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 Parametric Intl's earnings, one of the primary drivers of an investment's value.Parametric Net Asset vs. Year To Date Return
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Parametric Intl |
| = | 2.49 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Parametric Intl |
| = | 260.39 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Parametric Net Asset Comparison
Parametric Intl is currently under evaluation in net asset among similar funds.
Parametric Intl Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Parametric Intl, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Parametric Intl will eventually generate negative long term returns. The profitability progress is the general direction of Parametric Intl's change in net profit over the period of time. It can combine multiple indicators of Parametric Intl, 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.
Under normal market conditions, the fund invests at least 80 percent of its net assets in a diversified portfolio of equity securities . It invests primarily in companies domiciled in and tied economically to one or more countries represented in the MSCI Europe, Australasia, Far East Index and may include securities trading in the form of depositary receipts.
Parametric Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Parametric Intl. 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 Parametric Intl 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 Parametric Intl's important profitability drivers and their relationship over time.
Use Parametric Intl 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 Parametric Intl 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 Parametric Intl will appreciate offsetting losses from the drop in the long position's value.Parametric Intl Pair Trading
Parametric Intl Equity Pair Trading Analysis
The ability to find closely correlated positions to Parametric Intl could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parametric Intl 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 Parametric Intl - 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 Parametric Intl Equity to buy it.
The correlation of Parametric Intl 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 Parametric Intl moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parametric Intl Equity 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 Parametric Intl 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 Parametric Intl position
In addition to having Parametric Intl 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 Banks - Regional Thematic Idea Now
Banks - Regional
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 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 Banks - Regional Theme or any other thematic opportunities.
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Other Information on Investing in Parametric Mutual Fund
To fully project Parametric Intl's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Parametric Intl Equity 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 Parametric Intl's income statement, its balance sheet, and the statement of cash flows.
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