Kinetics Small Cash Position Weight vs. Five Year Return

KSOCX Fund  USD 182.16  13.96  7.12%   
Taking into consideration Kinetics Small's profitability measurements, Kinetics Small Cap 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 Kinetics Small's ability to earn profits and add value for shareholders.
For Kinetics Small profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kinetics Small to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kinetics Small Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kinetics Small's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kinetics Small Cap over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Kinetics Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinetics Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinetics Small'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.

Kinetics Small Cap Five Year Return vs. Cash Position Weight Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Kinetics Small's current stock value. Our valuation model uses many indicators to compare Kinetics Small value to that of its competitors to determine the firm's financial worth.
Kinetics Small Cap is currently considered the top fund in cash position weight among similar funds. It also is currently considered the top fund in five year return among similar funds reporting about  3.95  of Five Year Return per Cash Position Weight. 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 Kinetics Small's earnings, one of the primary drivers of an investment's value.

Kinetics Five Year Return vs. Cash Position Weight

Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.

Kinetics Small

Cash Percentage

 = 

% of Cash

in the fund

 = 
7.56 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Kinetics Small

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
29.88 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

Kinetics Five Year Return Comparison

Kinetics Small is currently under evaluation in five year return among similar funds.

Kinetics Small Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Kinetics Small, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kinetics Small will eventually generate negative long term returns. The profitability progress is the general direction of Kinetics Small's change in net profit over the period of time. It can combine multiple indicators of Kinetics Small, 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 a non-diversified fund that invests all of its investable assets in the Small Cap Portfolio, a series of Kinetics Portfolios Trust. The Small Cap Portfolio invests at least 80 percent of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign small capitalization companies that provide attractive valuation opportunities. The fund is non-diversified.

Kinetics Profitability Driver Comparison

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

Use Kinetics Small 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 Kinetics Small 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 Kinetics Small will appreciate offsetting losses from the drop in the long position's value.

Kinetics Small Pair Trading

Kinetics Small Cap Pair Trading Analysis

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

In addition to having Kinetics Small 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 Coal Thematic Idea Now

Coal
Coal Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 12 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 Coal Theme or any other thematic opportunities.
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Other Information on Investing in Kinetics Mutual Fund

To fully project Kinetics Small's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kinetics Small Cap 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 Kinetics Small's income statement, its balance sheet, and the statement of cash flows.
Potential Kinetics Small investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Kinetics Small investors may work on each financial statement separately, they are all related. The changes in Kinetics Small's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kinetics Small'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.
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