Probabilities Fund One Year Return vs. Price To Book
| PROAXDelisted Fund | USD 9.21 0.00 0.00% |
For Probabilities Fund profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Probabilities Fund to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Probabilities Fund Probabilities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Probabilities Fund's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Probabilities Fund Probabilities over time as well as its relative position and ranking within its peers.
Probabilities |
Probabilities Fund Price To Book vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Probabilities Fund's current stock value. Our valuation model uses many indicators to compare Probabilities Fund value to that of its competitors to determine the firm's financial worth. Probabilities Fund Probabilities is rated top fund in one year return among similar funds. It also is rated top fund in price to book among similar funds . 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 Probabilities Fund's earnings, one of the primary drivers of an investment's value.Probabilities Price To Book vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Probabilities Fund |
| = | (3.64) % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Probabilities Fund |
| = | 2.64 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Probabilities Fund Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Probabilities Fund, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Probabilities Fund will eventually generate negative long term returns. The profitability progress is the general direction of Probabilities Fund's change in net profit over the period of time. It can combine multiple indicators of Probabilities 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 utilizes a fund of funds structure to invest primarily in exchange-traded funds , including inverse ETFs and leveraged ETFs. Probabilities Fund is traded on NASDAQ Exchange in the United States.
Probabilities Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Probabilities 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 Probabilities 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 Probabilities Fund's important profitability drivers and their relationship over time.
Use Probabilities 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 Probabilities 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 Probabilities Fund will appreciate offsetting losses from the drop in the long position's value.Probabilities Fund Pair Trading
Probabilities Fund Probabilities Pair Trading Analysis
The ability to find closely correlated positions to Probabilities 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 Probabilities 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 Probabilities 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 Probabilities Fund Probabilities to buy it.
The correlation of Probabilities 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 Probabilities Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Probabilities 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 Probabilities 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 Probabilities Fund position
In addition to having Probabilities 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 Consumer Funds Thematic Idea Now
Consumer Funds
Funds or Etfs that invest in consumer products such as packaged goods, clothing, food, beverages and retail services. The Consumer Funds theme has 48 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 Consumer Funds Theme or any other thematic opportunities.
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Check out Your Equity Center 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 nation. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Probabilities Mutual Fund
If you are still planning to invest in Probabilities Fund 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 Probabilities Fund's history and understand the potential risks before investing.
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