Madison Covered Year To Date Return vs. Five Year Return

MCN Etf  USD 6.43  0.01  0.16%   
Based on the measurements of profitability obtained from Madison Covered's financial statements, Madison Covered Call may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in April. Profitability indicators assess Madison Covered's ability to earn profits and add value for shareholders.
For Madison Covered profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Madison Covered to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Madison Covered Call utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Madison Covered's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Madison Covered Call over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
The market value of Madison Covered Call is measured differently than its book value, which is the value of Madison that is recorded on the company's balance sheet. Investors also form their own opinion of Madison Covered's value that differs from its market value or its book value, called intrinsic value, which is Madison Covered's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Madison Covered's market value can be influenced by many factors that don't directly affect Madison Covered's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Madison Covered's value and its price as these two are different measures arrived at by different means. Investors typically determine if Madison Covered is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Madison Covered'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.

Madison Covered Call Five Year Return vs. Year To Date Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Madison Covered's current stock value. Our valuation model uses many indicators to compare Madison Covered value to that of its competitors to determine the firm's financial worth.
Madison Covered Call is rated below average in year to date return as compared to similar ETFs. It is regarded fifth largest ETF in five year return as compared to similar ETFs reporting about  7.22  of Five Year Return per Year To Date Return. 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 Madison Covered's earnings, one of the primary drivers of an investment's value.

Madison Five Year Return 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.

Madison Covered

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
1.37 %
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.
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.

Madison Covered

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
9.86 %
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.

Madison Five Year Return Comparison

Madison Covered is currently under evaluation in five year return as compared to similar ETFs.

Madison Covered Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Madison Covered, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Madison Covered will eventually generate negative long term returns. The profitability progress is the general direction of Madison Covered's change in net profit over the period of time. It can combine multiple indicators of Madison Covered, 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.
XAI Madison Equity Premium Income Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios , financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE SP 500 BuyWrite Index. The fund conducts in-house research to make its investments. It was formerly known as MadisonClaymore Covered Call Equity Strategy Fund. XAI Madison Equity Premium Income Fund was formed on May 6, 2004 and is domiciled in the United States.

Madison Profitability Driver Comparison

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

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Madison Covered without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Stock Screener Now

   

Stock Screener

Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
All  Next Launch Module

Use Investing Themes to Complement your Madison Covered position

In addition to having Madison Covered 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 Machinery Thematic Idea Now

Machinery
Machinery Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 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 Machinery Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Madison Etf

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