Great Lakes One Year Return vs. Price To Book
| GLLIXDelisted Fund | USD 13.07 0.00 0.00% |
For Great Lakes profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Great Lakes to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Great Lakes Large utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Great Lakes's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Great Lakes Large over time as well as its relative position and ranking within its peers.
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Great Lakes Large Price To Book vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Great Lakes's current stock value. Our valuation model uses many indicators to compare Great Lakes value to that of its competitors to determine the firm's financial worth. Great Lakes Large is one of the top funds in one year return among similar funds. It also is one of the top funds in price to book among similar funds . 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 Great Lakes' earnings, one of the primary drivers of an investment's value.Great Price To Book vs. One Year Return
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.
Great Lakes |
| = | (2.35) % |
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.
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.
Great Lakes |
| = | 1.88 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.
Great Price To Book Comparison
Great Lakes is currently under evaluation in price to book among similar funds.
Great Lakes Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Great Lakes, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Great Lakes will eventually generate negative long term returns. The profitability progress is the general direction of Great Lakes' change in net profit over the period of time. It can combine multiple indicators of Great Lakes, 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 at least 80 percent of its net assets in equity securities issued by large-capitalization companies, including common and preferred stocks and convertible securities. Great Lakes is traded on NASDAQ Exchange in the United States.
Great Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Great Lakes. 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 Great Lakes 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 Great Lakes' important profitability drivers and their relationship over time.
Use Great Lakes 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 Great Lakes 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 Great Lakes will appreciate offsetting losses from the drop in the long position's value.Great Lakes Pair Trading
Great Lakes Large Pair Trading Analysis
The ability to find closely correlated positions to Great Lakes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great Lakes 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 Great Lakes - 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 Great Lakes Large to buy it.
The correlation of Great Lakes 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 Great Lakes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great Lakes Large 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 Great Lakes 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 Great Lakes position
In addition to having Great Lakes 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 Sector ETFs Thematic Idea Now
Sector ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sector ETFs theme has 439 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 Sector ETFs 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 mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Great Mutual Fund
If you are still planning to invest in Great Lakes Large check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Great Lakes' history and understand the potential risks before investing.
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