Meridian Contrarian Five Year Return vs. Price To Sales
Considering Meridian Contrarian's profitability and operating efficiency indicators, Meridian Trarian Fund 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 Meridian Contrarian's ability to earn profits and add value for shareholders.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Please note, there is a significant difference between Meridian Contrarian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridian Contrarian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridian Contrarian'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.
For Meridian Contrarian profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Meridian Contrarian to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Meridian Trarian Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Meridian Contrarian's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Meridian Trarian Fund over time as well as its relative position and ranking within its peers.
Meridian |
Meridian Contrarian Price To Sales vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Meridian Contrarian's current stock value. Our valuation model uses many indicators to compare Meridian Contrarian value to that of its competitors to determine the firm's financial worth. Meridian Trarian Fund is number one fund in five year return among similar funds. It also is number one fund in price to sales among similar funds fabricating about 0.15 of Price To Sales per Five Year Return. The ratio of Five Year Return to Price To Sales for Meridian Trarian Fund is roughly 6.71 . 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 Meridian Contrarian's earnings, one of the primary drivers of an investment's value.Meridian Price To Sales vs. Five Year Return
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.
Meridian Contrarian |
| = | 11.00 % |
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.
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.
Meridian Contrarian |
| = | 1.64 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.
Meridian Price To Sales Comparison
Meridian Trarian is currently under evaluation in price to sales among similar funds.
Meridian Contrarian Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Meridian Contrarian, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Meridian Contrarian will eventually generate negative long term returns. The profitability progress is the general direction of Meridian Contrarian's change in net profit over the period of time. It can combine multiple indicators of Meridian Contrarian, 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 Advisor emphasizes stocks which the Investment Adviser believes are undervalued in relation to the business long-term earnings power or asset value, or the stock market in general. Meridian Contrarian is traded on NASDAQ Exchange in the United States.
Meridian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Meridian Contrarian. 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 Meridian Contrarian 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 Meridian Contrarian's important profitability drivers and their relationship over time.
Use Meridian Contrarian 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 Meridian Contrarian 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 Meridian Contrarian will appreciate offsetting losses from the drop in the long position's value.Meridian Contrarian Pair Trading
Meridian Trarian Fund Pair Trading Analysis
The ability to find closely correlated positions to NRG Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NRG Energy 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 NRG Energy - 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 NRG Energy to buy it.
The correlation of NRG Energy 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 NRG Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NRG Energy 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 NRG Energy 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 Meridian Contrarian position
In addition to having Meridian Contrarian 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 ISP Thematic Idea Now
ISP
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 39 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 ISP Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Tools for Meridian Mutual Fund
When running Meridian Contrarian's price analysis, check to measure Meridian Contrarian's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meridian Contrarian is operating at the current time. Most of Meridian Contrarian's value examination focuses on studying past and present price action to predict the probability of Meridian Contrarian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meridian Contrarian's price. Additionally, you may evaluate how the addition of Meridian Contrarian to your portfolios can decrease your overall portfolio volatility.
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