Jennison Natural Ten Year Return vs. Price To Book
| JNRRX Fund | USD 52.22 0.45 0.85% |
For Jennison Natural profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jennison Natural to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jennison Natural Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jennison Natural's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jennison Natural Resources over time as well as its relative position and ranking within its peers.
Jennison |
Jennison Natural Res Price To Book vs. Ten Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Jennison Natural's current stock value. Our valuation model uses many indicators to compare Jennison Natural value to that of its competitors to determine the firm's financial worth. Jennison Natural Resources is currently considered the top fund in ten year return among similar funds. It also is currently considered the top fund in price to book among similar funds . 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 Jennison Natural's earnings, one of the primary drivers of an investment's value.Jennison Price To Book vs. Ten Year Return
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Jennison Natural |
| = | (5.40) % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
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.
Jennison Natural |
| = | 1.67 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.
Jennison Price To Book Comparison
Jennison Natural is currently under evaluation in price to book among similar funds.
Jennison Natural Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Jennison Natural, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jennison Natural will eventually generate negative long term returns. The profitability progress is the general direction of Jennison Natural's change in net profit over the period of time. It can combine multiple indicators of Jennison Natural, 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 investable assets in equity and equity-related securities of natural resource companies and in asset-based securities. Natural resource companies are U.S. and foreign companies that own, explore, mine, process or otherwise develop, or provide goods and services with respect to, natural resources. Asset-based securities are securities, the values of which are related to the market value of a natural resource. The principal type of equity in which the fund invests is common stock.
Jennison Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Jennison Natural. 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 Jennison Natural 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 Jennison Natural's important profitability drivers and their relationship over time.
Use Jennison Natural 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 Jennison Natural 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 Jennison Natural will appreciate offsetting losses from the drop in the long position's value.Jennison Natural Pair Trading
Jennison Natural Resources Pair Trading Analysis
The ability to find closely correlated positions to Jennison Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jennison Natural 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 Jennison Natural - 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 Jennison Natural Resources to buy it.
The correlation of Jennison Natural 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 Jennison Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jennison Natural Res 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 Jennison Natural 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 Jennison Natural position
In addition to having Jennison Natural 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 Jennison Mutual Fund
To fully project Jennison Natural's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jennison Natural Res 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 Jennison Natural's income statement, its balance sheet, and the statement of cash flows.
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