GLCN Ten Year Return vs. Three Year Return
| GLCN Etf | USD 23.07 0.09 0.39% |
For GLCN profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GLCN to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GLCN utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GLCN's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GLCN over time as well as its relative position and ranking within its peers.
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The market value of GLCN is measured differently than its book value, which is the value of GLCN that is recorded on the company's balance sheet. Investors also form their own opinion of GLCN's value that differs from its market value or its book value, called intrinsic value, which is GLCN's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GLCN's market value can be influenced by many factors that don't directly affect GLCN's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GLCN's value and its price as these two are different measures arrived at by different means. Investors typically determine if GLCN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GLCN's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
GLCN Three Year Return vs. Ten Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GLCN's current stock value. Our valuation model uses many indicators to compare GLCN value to that of its competitors to determine the firm's financial worth. GLCN is one of the top ETFs in ten year return as compared to similar ETFs. It also is one of the top ETFs in three year return as compared to similar ETFs . 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 GLCN's earnings, one of the primary drivers of an investment's value.GLCN Three Year Return 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.
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| = | 0.97 % |
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.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
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| = | (11.28) % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
GLCN Three Year Return Comparison
GLCN is currently under evaluation in three year return as compared to similar ETFs.
GLCN Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GLCN, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GLCN will eventually generate negative long term returns. The profitability progress is the general direction of GLCN's change in net profit over the period of time. It can combine multiple indicators of GLCN, 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 total assets in securities that comprise the funds benchmark index andor in investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise its benchmark index. Vaneck China is traded on NYSEARCA Exchange in the United States.
GLCN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GLCN. 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 GLCN 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 GLCN's important profitability drivers and their relationship over time.
| Ten Year Return vs One Year Return | ||
| Five Year Return vs Three Year Return | ||
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| Ten Year Return vs Equity Positions Weight |
Use GLCN 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 GLCN 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 GLCN will appreciate offsetting losses from the drop in the long position's value.GLCN Pair Trading
GLCN Pair Trading Analysis
The ability to find closely correlated positions to GLCN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GLCN 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 GLCN - 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 GLCN to buy it.
The correlation of GLCN 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 GLCN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GLCN 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 GLCN 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 GLCN position
In addition to having GLCN 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 ESG Investing Thematic Idea Now
ESG Investing
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 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 ESG Investing Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project GLCN's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GLCN 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 GLCN's income statement, its balance sheet, and the statement of cash flows.