Perkins Select Year To Date Return vs. Price To Sales

JSVDX Fund  USD 16.75  1.36  7.51%   
Based on Perkins Select's profitability indicators, Perkins Select Value may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Perkins Select's ability to earn profits and add value for shareholders.
For Perkins Select profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Perkins Select to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Perkins Select Value utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Perkins Select's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Perkins Select Value over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Perkins Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perkins Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perkins Select'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.

Perkins Select Value Price To Sales vs. Year To Date Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Perkins Select's current stock value. Our valuation model uses many indicators to compare Perkins Select value to that of its competitors to determine the firm's financial worth.
Perkins Select Value is currently considered the top fund in year to date return among similar funds. It also is currently considered the top fund in price to sales among similar funds fabricating about  0.05  of Price To Sales per Year To Date Return. The ratio of Year To Date Return to Price To Sales for Perkins Select Value is roughly  19.30 . 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 Perkins Select's earnings, one of the primary drivers of an investment's value.

Perkins Price To Sales vs. Year To Date Return

Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

Perkins Select

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
24.71 %
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Perkins Select

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.28 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Perkins Price To Sales Comparison

Perkins Select is currently under evaluation in price to sales among similar funds.

Perkins Select Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Perkins Select, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Perkins Select will eventually generate negative long term returns. The profitability progress is the general direction of Perkins Select's change in net profit over the period of time. It can combine multiple indicators of Perkins Select, 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 pursues its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in common stocks of small- and mid-sized companies whose market capitalization is less than the 12-month average of the maximum market capitalization of companies included in the Russell 2500 tm Value Index. In addition, when the portfolio managers believe that market conditions are unfavorable for investing, or when he is otherwise unable to locate attractive investment opportunities, the funds cash or similar investments may increase.

Perkins Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Perkins Select. 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 Perkins Select 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 Perkins Select's important profitability drivers and their relationship over time.

Use Perkins Select 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 Perkins Select 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 Perkins Select will appreciate offsetting losses from the drop in the long position's value.

Perkins Select Pair Trading

Perkins Select Value Pair Trading Analysis

The ability to find closely correlated positions to Perkins Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perkins Select 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 Perkins Select - 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 Perkins Select Value to buy it.
The correlation of Perkins Select 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 Perkins Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perkins Select 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 Perkins Select 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Perkins Select position

In addition to having Perkins Select 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 Furniture Thematic Idea Now

Furniture
Furniture Theme
Companies producing and selling home and office furniture. The Furniture theme has 42 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 Furniture Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Perkins Mutual Fund

To fully project Perkins Select's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Perkins Select 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 Perkins Select's income statement, its balance sheet, and the statement of cash flows.
Potential Perkins Select investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Perkins Select investors may work on each financial statement separately, they are all related. The changes in Perkins Select's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Perkins Select's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity