Pzena Small Five Year Return vs. Equity Positions Weight
| PZVSX Fund | USD 16.19 0.12 0.75% |
For Pzena Small profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pzena Small to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pzena Small Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pzena Small's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pzena Small Cap over time as well as its relative position and ranking within its peers.
Pzena |
Pzena Small Cap Equity Positions Weight vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pzena Small's current stock value. Our valuation model uses many indicators to compare Pzena Small value to that of its competitors to determine the firm's financial worth. Pzena Small Cap is rated top fund in five year return among similar funds. It also is rated top fund in equity positions weight among similar funds making about 8.67 of Equity Positions Weight per Five Year Return. 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 Pzena Small's earnings, one of the primary drivers of an investment's value.Pzena Equity Positions Weight vs. Five Year Return
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.
Pzena Small |
| = | 11.54 % |
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.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Pzena Small |
| = | 100.00 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Pzena Equity Positions Weight Comparison
Pzena Small is currently under evaluation in equity positions weight among similar funds.
Pzena Small Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pzena Small, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pzena Small will eventually generate negative long term returns. The profitability progress is the general direction of Pzena Small's change in net profit over the period of time. It can combine multiple indicators of Pzena Small, 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.
Under normal market conditions, the fund invests at least 80 percent of its net assets in stocks of small-cap companies. The adviser defines a small-cap company as an issuer whose market capitalization at the time of initial purchase is in the range of those found in the Russell 2000 Index during the most recent 11-month period plus the most recent data during the current month .
Pzena Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pzena Small. 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 Pzena Small 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 Pzena Small's important profitability drivers and their relationship over time.
| Five Year Return vs Annual Yield | ||
| Year To Date Return vs Equity Positions Weight | ||
| Five Year Return vs One Year Return | ||
| Three Year Return vs Equity Positions Weight | ||
| Five Year Return vs Net Asset |
Use Pzena Small 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 Pzena Small 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 Pzena Small will appreciate offsetting losses from the drop in the long position's value.Pzena Small Pair Trading
Pzena Small Cap Pair Trading Analysis
The ability to find closely correlated positions to Pzena Small could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pzena Small 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 Pzena Small - 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 Pzena Small Cap to buy it.
The correlation of Pzena Small 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 Pzena Small moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pzena Small 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 Pzena Small 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 Pzena Small position
In addition to having Pzena Small 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 World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 44 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 World Allocation Funds Theme or any other thematic opportunities.
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Other Information on Investing in Pzena Mutual Fund
To fully project Pzena Small's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pzena Small 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 Pzena Small's income statement, its balance sheet, and the statement of cash flows.
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