Nicholas Equity Price To Earning vs. Five Year Return
| NSEIX Fund | USD 22.78 0.19 0.84% |
For Nicholas Equity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nicholas Equity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nicholas Equity Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nicholas Equity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nicholas Equity Income over time as well as its relative position and ranking within its peers.
Nicholas |
Nicholas Equity Income Five Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nicholas Equity's current stock value. Our valuation model uses many indicators to compare Nicholas Equity value to that of its competitors to determine the firm's financial worth. Nicholas Equity Income is rated below average in price to earning among similar funds. It is rated below average in five year return among similar funds reporting about 0.57 of Five Year Return per Price To Earning. The ratio of Price To Earning to Five Year Return for Nicholas Equity Income is roughly 1.76 . 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 Equity's earnings, one of the primary drivers of an investment's value.Nicholas Five Year Return 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 Equity |
| = | 17.25 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.
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.
Nicholas Equity |
| = | 9.79 % |
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.
Nicholas Five Year Return Comparison
Nicholas Equity is rated below average in five year return among similar funds.
Nicholas Equity Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nicholas Equity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nicholas Equity will eventually generate negative long term returns. The profitability progress is the general direction of Nicholas Equity's change in net profit over the period of time. It can combine multiple indicators of Nicholas Equity, 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.
To achieve moderate long-term growth, the fund seeks a five-year return which approximates three-fourths of the average total return achieved over a five-year period on the SP 500 Index. It invests in a diversified portfolio of income-producing equity securities and corporate and government fixed income investments . The fund invests, under normal market conditions, at least 80 percent of its net assets in equity securities.
Nicholas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nicholas Equity. 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 Equity 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 Equity's important profitability drivers and their relationship over time.
Use Nicholas Equity 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 Equity 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 Equity will appreciate offsetting losses from the drop in the long position's value.Nicholas Equity Pair Trading
Nicholas Equity Income Pair Trading Analysis
The ability to find closely correlated positions to Nicholas Equity 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 Equity 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 Equity - 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 Equity Income to buy it.
The correlation of Nicholas Equity 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 Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nicholas Equity Income 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 Equity 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 Equity position
In addition to having Nicholas Equity 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 Asset Allocation ETFs Thematic Idea Now
Asset Allocation ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 144 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 Asset Allocation ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Nicholas Mutual Fund
To fully project Nicholas Equity's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nicholas Equity Income 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 Equity's income statement, its balance sheet, and the statement of cash flows.
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