LifeGoal Investments One Year Return vs. Net Asset
| HOM Etf | USD 8.64 0.00 0.00% |
For LifeGoal Investments profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LifeGoal Investments to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LifeGoal Investments utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LifeGoal Investments's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LifeGoal Investments over time as well as its relative position and ranking within its peers.
LifeGoal |
The market value of LifeGoal Investments is measured differently than its book value, which is the value of LifeGoal that is recorded on the company's balance sheet. Investors also form their own opinion of LifeGoal Investments' value that differs from its market value or its book value, called intrinsic value, which is LifeGoal Investments' 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 LifeGoal Investments' market value can be influenced by many factors that don't directly affect LifeGoal Investments' 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 LifeGoal Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if LifeGoal Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LifeGoal Investments' 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.
LifeGoal Investments Net Asset vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining LifeGoal Investments's current stock value. Our valuation model uses many indicators to compare LifeGoal Investments value to that of its competitors to determine the firm's financial worth. LifeGoal Investments is one of the top ETFs in one year return as compared to similar ETFs. It also is one of the top ETFs in net asset as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value LifeGoal Investments 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.LifeGoal Net Asset 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.
LifeGoal Investments |
| = | (16.34) % |
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.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
LifeGoal Investments |
| = | 1.21 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
LifeGoal Net Asset Comparison
LifeGoal Investments is currently under evaluation in net asset as compared to similar ETFs.
LifeGoal Investments Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in LifeGoal Investments, profitability is also one of the essential criteria for including it into their portfolios because, without profit, LifeGoal Investments will eventually generate negative long term returns. The profitability progress is the general direction of LifeGoal Investments' change in net profit over the period of time. It can combine multiple indicators of LifeGoal Investments, 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 is designed to assist investors in saving for a home down payment. Lifegoal Homeowner is traded on NYSEARCA Exchange in the United States.
LifeGoal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on LifeGoal Investments. 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 LifeGoal Investments 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 LifeGoal Investments' important profitability drivers and their relationship over time.
Use LifeGoal Investments 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 LifeGoal Investments 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 LifeGoal Investments will appreciate offsetting losses from the drop in the long position's value.LifeGoal Investments Pair Trading
LifeGoal Investments Pair Trading Analysis
The ability to find closely correlated positions to LifeGoal Investments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LifeGoal Investments 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 LifeGoal Investments - 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 LifeGoal Investments to buy it.
The correlation of LifeGoal Investments 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 LifeGoal Investments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LifeGoal Investments 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 LifeGoal Investments 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 LifeGoal Investments position
In addition to having LifeGoal Investments 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 High Yield ETFs Thematic Idea Now
High Yield ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Yield ETFs theme has 105 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 High Yield 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 etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
To fully project LifeGoal Investments' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of LifeGoal Investments 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 LifeGoal Investments' income statement, its balance sheet, and the statement of cash flows.