Sp 500 Price To Book vs. Net Asset
| INDEX Fund | USD 57.63 0.32 0.56% |
For Sp 500 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sp 500 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sp 500 Equal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sp 500's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sp 500 Equal over time as well as its relative position and ranking within its peers.
INDEX |
Sp 500 Equal Net Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sp 500's current stock value. Our valuation model uses many indicators to compare Sp 500 value to that of its competitors to determine the firm's financial worth. Sp 500 Equal is rated below average in price to book among similar funds. It is rated fourth overall fund in net asset among similar funds making up about 167,719,828 of Net Asset per Price To Book. 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 Sp 500's earnings, one of the primary drivers of an investment's value.INDEX Net Asset vs. Price To Book
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.
Sp 500 |
| = | 2.32 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.
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.
Sp 500 |
| = | 389.11 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.
INDEX Net Asset Comparison
Sp 500 is currently under evaluation in net asset among similar funds.
Sp 500 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sp 500, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sp 500 will eventually generate negative long term returns. The profitability progress is the general direction of Sp 500's change in net profit over the period of time. It can combine multiple indicators of Sp 500, 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 will invest, under normal circumstances, at least 80 percent of its net assets and borrowings for investment purposes in securities of issuers included in the index. The index is designed to measure the performance of 500 U.S. companies chosen for market size, liquidity and industry grouping, among other factors. In some instances, one or more of the 500 companies may have more than one share class included in the index.
INDEX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sp 500. 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 Sp 500 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 Sp 500's important profitability drivers and their relationship over time.
Use Sp 500 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 Sp 500 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 Sp 500 will appreciate offsetting losses from the drop in the long position's value.Sp 500 Pair Trading
Sp 500 Equal Pair Trading Analysis
The ability to find closely correlated positions to Sp 500 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sp 500 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 Sp 500 - 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 Sp 500 Equal to buy it.
The correlation of Sp 500 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 Sp 500 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sp 500 Equal 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 Sp 500 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 Sp 500 position
In addition to having Sp 500 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 Macroaxis Picks Thematic Idea Now
Macroaxis Picks
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 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 Macroaxis Picks Theme or any other thematic opportunities.
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Other Information on Investing in INDEX Mutual Fund
To fully project Sp 500's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sp 500 Equal 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 Sp 500's income statement, its balance sheet, and the statement of cash flows.
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