Classic Value One Year Return vs. Cash Position Weight
| JCVIX Fund | USD 38.48 0.10 0.26% |
For Classic Value profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Classic Value to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Classic Value Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Classic Value's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Classic Value Fund over time as well as its relative position and ranking within its peers.
Classic |
Classic Value Cash Position Weight vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Classic Value's current stock value. Our valuation model uses many indicators to compare Classic Value value to that of its competitors to determine the firm's financial worth. Classic Value Fund is currently considered the top fund in one year return among similar funds. It also is currently considered the top fund in cash position weight among similar funds creating about 0.09 of Cash Position Weight per One Year Return. The ratio of One Year Return to Cash Position Weight for Classic Value Fund is roughly 11.04 . 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 Classic Value's earnings, one of the primary drivers of an investment's value.Classic Cash Position Weight 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.
Classic Value |
| = | 19.10 % |
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.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Classic Value |
| = | 1.73 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Classic Cash Position Weight Comparison
Classic Value is currently under evaluation in cash position weight among similar funds.
Classic Value Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Classic Value, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Classic Value will eventually generate negative long term returns. The profitability progress is the general direction of Classic Value's change in net profit over the period of time. It can combine multiple indicators of Classic Value, 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 normally invests at least 80 percent of its net assets in domestic equity securities. The manager seeks to identify companies that the advisor believes are currently undervalued relative to the market, based on estimated future earnings and cash flow. These companies generally have market values at valuation ratios, such as price to book, below the market average defined by the SP 500 Index. It may also invest up to 20 percent of its net assets in securities of foreign issuers that are not publicly traded in the United States, including depositary receipts.
Classic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Classic Value. 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 Classic Value 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 Classic Value's important profitability drivers and their relationship over time.
Use Classic Value 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 Classic Value 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 Classic Value will appreciate offsetting losses from the drop in the long position's value.Classic Value Pair Trading
Classic Value Fund Pair Trading Analysis
The ability to find closely correlated positions to Classic Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Classic Value 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 Classic Value - 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 Classic Value Fund to buy it.
The correlation of Classic Value 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 Classic Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Classic Value 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 Classic Value 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 Classic Value position
In addition to having Classic Value 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 Stores Thematic Idea Now
Stores
Companies providing different types of retail and wholesale services. The Stores theme has 41 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 Stores Theme or any other thematic opportunities.
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Other Information on Investing in Classic Mutual Fund
To fully project Classic Value's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Classic Value 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 Classic Value's income statement, its balance sheet, and the statement of cash flows.
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