Nicholas Fund Price To Earning vs. Equity Positions Weight
| NICSX Fund | USD 100.16 0.64 0.64% |
For Nicholas Fund profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nicholas Fund to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nicholas Fund Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nicholas Fund's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nicholas Fund Inc over time as well as its relative position and ranking within its peers.
Nicholas |
Nicholas Fund Equity Positions Weight vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nicholas Fund's current stock value. Our valuation model uses many indicators to compare Nicholas Fund value to that of its competitors to determine the firm's financial worth. Nicholas Fund Inc is regarded fourth largest fund in price to earning among similar funds. It also is regarded fourth largest fund in equity positions weight among similar funds making about 5.32 of Equity Positions Weight per Price To Earning. 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 Nicholas Fund's earnings, one of the primary drivers of an investment's value.Nicholas Equity Positions Weight vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Nicholas Fund |
| = | 18.55 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Nicholas Fund |
| = | 98.65 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Nicholas Equity Positions Weight Comparison
Nicholas Fund is regarded third largest fund in equity positions weight among similar funds.
Nicholas Fund Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nicholas Fund, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nicholas Fund will eventually generate negative long term returns. The profitability progress is the general direction of Nicholas Fund's change in net profit over the period of time. It can combine multiple indicators of Nicholas Fund, 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 primarily invests in common stocks of domestic small, medium- and large-sized companies believed to have growth potential. The adviser believes a companys annual sales volume and market capitalization are the factors most illustrative of a companys size. In distinguishing company size in terms of sales volume, the adviser considers a companys sales volume relative to peer companies in the companys industry.
Nicholas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nicholas Fund. 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 Nicholas Fund 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 Nicholas Fund's important profitability drivers and their relationship over time.
Use Nicholas Fund 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 Nicholas Fund 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 Nicholas Fund will appreciate offsetting losses from the drop in the long position's value.Nicholas Fund Pair Trading
Nicholas Fund Inc Pair Trading Analysis
The ability to find closely correlated positions to Nicholas Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nicholas Fund 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 Nicholas Fund - 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 Nicholas Fund Inc to buy it.
The correlation of Nicholas Fund 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 Nicholas Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nicholas Fund 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 Nicholas Fund 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 Nicholas Fund position
In addition to having Nicholas Fund 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 Preferred Stock ETFs Thematic Idea Now
Preferred Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Preferred Stock ETFs theme has 16 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 Preferred Stock ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Nicholas Mutual Fund
To fully project Nicholas Fund's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nicholas Fund 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 Nicholas Fund's income statement, its balance sheet, and the statement of cash flows.
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