Grandeur Peak One Year Return vs. Five Year Return
| GPGCX Etf | USD 17.75 0.02 0.11% |
For Grandeur Peak profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grandeur Peak to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grandeur Peak Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grandeur Peak's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grandeur Peak Global over time as well as its relative position and ranking within its peers.
Grandeur |
The market value of Grandeur Peak Global is measured differently than its book value, which is the value of Grandeur that is recorded on the company's balance sheet. Investors also form their own opinion of Grandeur Peak's value that differs from its market value or its book value, called intrinsic value, which is Grandeur Peak'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 Grandeur Peak's market value can be influenced by many factors that don't directly affect Grandeur Peak'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 Grandeur Peak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grandeur Peak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grandeur Peak'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.
Grandeur Peak Global Five Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Grandeur Peak's current stock value. Our valuation model uses many indicators to compare Grandeur Peak value to that of its competitors to determine the firm's financial worth. Grandeur Peak Global is rated below average in one year return as compared to similar ETFs. It is rated # 2 ETF in five year return as compared to similar ETFs reporting about 0.54 of Five Year Return per One Year Return. The ratio of One Year Return to Five Year Return for Grandeur Peak Global is roughly 1.86 . 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 Grandeur Peak's earnings, one of the primary drivers of an investment's value.Grandeur Five 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.
Grandeur Peak |
| = | 25.73 % |
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.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Grandeur Peak |
| = | 13.81 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Grandeur Peak Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Grandeur Peak, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Grandeur Peak will eventually generate negative long term returns. The profitability progress is the general direction of Grandeur Peak's change in net profit over the period of time. It can combine multiple indicators of Grandeur Peak, 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 primarily in foreign and domestic small- and micro-cap companies. It will invest a significant portion of its total assets at the time of purchase in securities issued by companies that are economically tied to multiple countries outside the United States. The fund may invest a significant amount of its total assets at the time of purchase in securities issued by companies that are economically tied to emerging and frontier markets.
Grandeur Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grandeur Peak. 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 Grandeur Peak 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 Grandeur Peak's important profitability drivers and their relationship over time.
Use Grandeur Peak 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 Grandeur Peak 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 Grandeur Peak will appreciate offsetting losses from the drop in the long position's value.Grandeur Peak Pair Trading
Grandeur Peak Global Pair Trading Analysis
The ability to find closely correlated positions to Grandeur Peak could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grandeur Peak 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 Grandeur Peak - 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 Grandeur Peak Global to buy it.
The correlation of Grandeur Peak 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 Grandeur Peak moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grandeur Peak Global 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 Grandeur Peak 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 Grandeur Peak position
In addition to having Grandeur Peak 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Other Information on Investing in Grandeur Etf
To fully project Grandeur Peak's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Grandeur Peak Global 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 Grandeur Peak's income statement, its balance sheet, and the statement of cash flows.