New Germany Beta vs. Price To Book
| GF Fund | USD 8.02 0.05 0.63% |
For New Germany profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New Germany to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New Germany Closed utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New Germany's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New Germany Closed over time as well as its relative position and ranking within its peers.
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New Germany Closed Price To Book vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining New Germany's current stock value. Our valuation model uses many indicators to compare New Germany value to that of its competitors to determine the firm's financial worth. New Germany Closed is rated # 2 fund in beta among similar funds. It is rated below average in price to book among similar funds fabricating about 0.32 of Price To Book per Beta. The ratio of Beta to Price To Book for New Germany Closed is roughly 3.13 . Comparative valuation analysis is a catch-all technique that is used if you cannot value New Germany by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.New Price To Book vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
New Germany |
| = | 1.19 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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.
New Germany |
| = | 0.38 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.
New Price To Book Comparison
New Germany is currently under evaluation in price to book among similar funds.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, New Germany will likely underperform.
New Germany Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in New Germany, profitability is also one of the essential criteria for including it into their portfolios because, without profit, New Germany will eventually generate negative long term returns. The profitability progress is the general direction of New Germany's change in net profit over the period of time. It can combine multiple indicators of New Germany, 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 New Germany Fund Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Germany. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid cap companies. The fund benchmarks the performance of its portfolio against the Midcap Market Performance Index. The New Germany Fund Inc. was formed on January 16, 1990 and is domiciled in Germany.
New Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on New Germany. 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 New Germany 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 New Germany's important profitability drivers and their relationship over time.
Use New Germany 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 New Germany 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 New Germany will appreciate offsetting losses from the drop in the long position's value.New Germany Pair Trading
New Germany Closed Pair Trading Analysis
The ability to find closely correlated positions to New Germany could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Germany 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 New Germany - 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 New Germany Closed to buy it.
The correlation of New Germany 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 New Germany moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Germany Closed 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 New Germany 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 New Germany position
In addition to having New Germany 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 Marketing Thematic Idea Now
Marketing
Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 43 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 Marketing Theme or any other thematic opportunities.
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Other Information on Investing in New Fund
To fully project New Germany's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of New Germany Closed 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 New Germany's income statement, its balance sheet, and the statement of cash flows.
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