Primecap Odyssey Price To Earning vs. Cash Position Weight
| POSKX Fund | USD 41.22 0.24 0.59% |
For Primecap Odyssey profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Primecap Odyssey to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Primecap Odyssey Stock utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Primecap Odyssey's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Primecap Odyssey Stock over time as well as its relative position and ranking within its peers.
Primecap |
Primecap Odyssey Stock Cash Position Weight vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Primecap Odyssey's current stock value. Our valuation model uses many indicators to compare Primecap Odyssey value to that of its competitors to determine the firm's financial worth. Primecap Odyssey Stock is rated top fund in price to earning among similar funds. It also is rated top fund in cash position weight among similar funds creating about 0.19 of Cash Position Weight per Price To Earning. The ratio of Price To Earning to Cash Position Weight for Primecap Odyssey Stock is roughly 5.28 . 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 Primecap Odyssey's earnings, one of the primary drivers of an investment's value.Primecap Cash Position 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.
Primecap Odyssey |
| = | 17.00 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 cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Primecap Odyssey |
| = | 3.22 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Primecap Cash Position Weight Comparison
Primecap Odyssey is currently under evaluation in cash position weight among similar funds.
Primecap Odyssey Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Primecap Odyssey, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Primecap Odyssey will eventually generate negative long term returns. The profitability progress is the general direction of Primecap Odyssey's change in net profit over the period of time. It can combine multiple indicators of Primecap Odyssey, 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 invests primarily in the common stocks of U.S. companies. It invests at least 80 percent of its assets in stocks. The fund may invest in stocks across all market sectors and market capitalizations, though it has historically invested primarily in large- and mid-capitalization companies.
Primecap Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Primecap Odyssey. 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 Primecap Odyssey 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 Primecap Odyssey's important profitability drivers and their relationship over time.
Use Primecap Odyssey 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 Primecap Odyssey 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 Primecap Odyssey will appreciate offsetting losses from the drop in the long position's value.Primecap Odyssey Pair Trading
Primecap Odyssey Stock Pair Trading Analysis
The ability to find closely correlated positions to Primecap Odyssey could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Primecap Odyssey 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 Primecap Odyssey - 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 Primecap Odyssey Stock to buy it.
The correlation of Primecap Odyssey 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 Primecap Odyssey moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Primecap Odyssey Stock 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 Primecap Odyssey 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 Primecap Odyssey position
In addition to having Primecap Odyssey 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda Theme or any other thematic opportunities.
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Other Information on Investing in Primecap Mutual Fund
To fully project Primecap Odyssey's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Primecap Odyssey Stock 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 Primecap Odyssey's income statement, its balance sheet, and the statement of cash flows.
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