Paradigm Micro-cap Price To Earning vs. Three Year Return
| PVIVX Fund | USD 60.12 0.58 0.97% |
For Paradigm Micro-cap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Paradigm Micro-cap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Paradigm Micro Cap Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Paradigm Micro-cap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Paradigm Micro Cap Fund over time as well as its relative position and ranking within its peers.
Paradigm |
Paradigm Micro Cap Three Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Paradigm Micro-cap's current stock value. Our valuation model uses many indicators to compare Paradigm Micro-cap value to that of its competitors to determine the firm's financial worth. Paradigm Micro Cap Fund is regarded second largest fund in price to earning among similar funds. It also is regarded second largest fund in three year return among similar funds reporting about 0.13 of Three Year Return per Price To Earning. The ratio of Price To Earning to Three Year Return for Paradigm Micro Cap Fund is roughly 7.67 . 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 Paradigm Micro-cap's earnings, one of the primary drivers of an investment's value.Paradigm Three 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.
Paradigm Micro-cap |
| = | 18.27 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.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Paradigm Micro-cap |
| = | 2.38 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Paradigm Three Year Return Comparison
Paradigm Micro is currently under evaluation in three year return among similar funds.
Paradigm Micro-cap Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Paradigm Micro-cap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Paradigm Micro-cap will eventually generate negative long term returns. The profitability progress is the general direction of Paradigm Micro-cap's change in net profit over the period of time. It can combine multiple indicators of Paradigm Micro-cap, 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 at least 80 percent of its net assets in the common stocks of U.S. micro-cap companies. The advisor generally considers a company to be a micro-cap company if, at the time of purchase, its market capitalization is within the range of capitalizations of companies in the Russell Microcap Index as of the most recent reconstitution date. It may be overweight in certain sectors at various times. Stocks are sold when they have realized the value anticipated by the Advisor or if new investment opportunities with higher expected returns are acquired.
Paradigm Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Paradigm Micro-cap. 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 Paradigm Micro-cap 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 Paradigm Micro-cap's important profitability drivers and their relationship over time.
Use Paradigm Micro-cap 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 Paradigm Micro-cap 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 Paradigm Micro-cap will appreciate offsetting losses from the drop in the long position's value.Paradigm Micro-cap Pair Trading
Paradigm Micro Cap Fund Pair Trading Analysis
The ability to find closely correlated positions to Paradigm Micro-cap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paradigm Micro-cap 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 Paradigm Micro-cap - 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 Paradigm Micro Cap Fund to buy it.
The correlation of Paradigm Micro-cap 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 Paradigm Micro-cap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paradigm Micro Cap 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 Paradigm Micro-cap 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 Paradigm Micro-cap position
In addition to having Paradigm Micro-cap 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 Iron Thematic Idea Now
Iron
Companies involved in production of steel and iron. The Iron theme has 42 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 Iron Theme or any other thematic opportunities.
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Other Information on Investing in Paradigm Mutual Fund
To fully project Paradigm Micro-cap's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Paradigm Micro Cap 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 Paradigm Micro-cap's income statement, its balance sheet, and the statement of cash flows.
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