Newfound Risk Equity Positions Weight vs. Year To Date Return
| NFDIXDelisted Fund | USD 10.53 0.00 0.00% |
For Newfound Risk profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Newfound Risk to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Newfound Risk Managed utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Newfound Risk's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Newfound Risk Managed over time as well as its relative position and ranking within its peers.
Newfound |
Newfound Risk Managed Year To Date Return vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Newfound Risk's current stock value. Our valuation model uses many indicators to compare Newfound Risk value to that of its competitors to determine the firm's financial worth. Newfound Risk Managed is number one fund in equity positions weight among similar funds. It also is number one fund in year to date return among similar funds creating about 0.07 of Year To Date Return per Equity Positions Weight. The ratio of Equity Positions Weight to Year To Date Return for Newfound Risk Managed is roughly 13.52 . 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 Newfound Risk's earnings, one of the primary drivers of an investment's value.Newfound Year To Date Return vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Newfound Risk |
| = | 97.06 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
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.
Newfound Risk |
| = | 7.18 % |
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.
Newfound Year To Date Return Comparison
Newfound Risk is currently under evaluation in year to date return among similar funds.
Newfound Risk Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Newfound Risk, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Newfound Risk will eventually generate negative long term returns. The profitability progress is the general direction of Newfound Risk's change in net profit over the period of time. It can combine multiple indicators of Newfound Risk, 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 primarily comprised of equity securities of domestic companies of any market capitalization andor ETFs that invest in those companies , 5- and 10-Year U.S. Newfound Risk is traded on NASDAQ Exchange in the United States.
Newfound Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Newfound Risk. 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 Newfound Risk 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 Newfound Risk's important profitability drivers and their relationship over time.
Use Newfound Risk 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 Newfound Risk 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 Newfound Risk will appreciate offsetting losses from the drop in the long position's value.Newfound Risk Pair Trading
Newfound Risk Managed Pair Trading Analysis
The ability to find closely correlated positions to Newfound Risk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newfound Risk 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 Newfound Risk - 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 Newfound Risk Managed to buy it.
The correlation of Newfound Risk 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 Newfound Risk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newfound Risk Managed 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 Newfound Risk 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 Newfound Risk position
In addition to having Newfound Risk 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 Giant Impact Thematic Idea Now
Giant Impact
An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 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 Giant Impact 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 gross domestic product. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Newfound Mutual Fund
If you are still planning to invest in Newfound Risk Managed check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newfound Risk's history and understand the potential risks before investing.
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