Gotham Index One Year Return vs. Three Year Return
| GNNDX Fund | USD 28.88 0.18 0.62% |
For Gotham Index profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gotham Index to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gotham Index Plus utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gotham Index's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gotham Index Plus over time as well as its relative position and ranking within its peers.
Gotham |
Gotham Index Plus Three Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gotham Index's current stock value. Our valuation model uses many indicators to compare Gotham Index value to that of its competitors to determine the firm's financial worth. Gotham Index Plus is rated # 4 fund in one year return among similar funds. It also is rated # 4 fund in three year return among similar funds reporting about 0.42 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Gotham Index Plus is roughly 2.38 . 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 Gotham Index's earnings, one of the primary drivers of an investment's value.Gotham Three Year Return 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.
Gotham Index |
| = | 35.42 % |
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.
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.
Gotham Index |
| = | 14.91 % |
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.
Gotham Three Year Return Comparison
Gotham Index is currently under evaluation in three year return among similar funds.
Gotham Index Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gotham Index, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gotham Index will eventually generate negative long term returns. The profitability progress is the general direction of Gotham Index's change in net profit over the period of time. It can combine multiple indicators of Gotham Index, 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 in long and short positions of equity and equity-related securities. The Adviser will invest a portion of the assets in securities intended to track the performance of the SP 500 Index and additional exposure to a longshort portfolio, consisting of long and short positions, generally selected from the largest 500 to 700 U.S. companies by market capitalization. The fund is not a passive index fund, but instead utilizes an enhanced index or index plus strategy.
Gotham Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gotham Index. 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 Gotham Index 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 Gotham Index's important profitability drivers and their relationship over time.
Use Gotham Index 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 Gotham Index 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 Gotham Index will appreciate offsetting losses from the drop in the long position's value.Gotham Index Pair Trading
Gotham Index Plus Pair Trading Analysis
The ability to find closely correlated positions to Gotham Index could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gotham Index 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 Gotham Index - 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 Gotham Index Plus to buy it.
The correlation of Gotham Index 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 Gotham Index moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gotham Index Plus 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 Gotham Index 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 Gotham Index position
In addition to having Gotham Index 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 Tech Growth Thematic Idea Now
Tech Growth
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
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Other Information on Investing in Gotham Mutual Fund
To fully project Gotham Index's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gotham Index Plus 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 Gotham Index's income statement, its balance sheet, and the statement of cash flows.
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