Rock Oak One Year Return vs. Price To Book
| RCKSX Fund | USD 20.49 0.15 0.73% |
For Rock Oak profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rock Oak to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rock Oak E utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rock Oak's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rock Oak E over time as well as its relative position and ranking within its peers.
Rock |
Rock Oak E Price To Book vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Rock Oak's current stock value. Our valuation model uses many indicators to compare Rock Oak value to that of its competitors to determine the firm's financial worth. Rock Oak E is rated top fund in one year return among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.09 of Price To Book per One Year Return. The ratio of One Year Return to Price To Book for Rock Oak E is roughly 11.30 . 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 Rock Oak's earnings, one of the primary drivers of an investment's value.Rock 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.
Rock Oak |
| = | 30.07 % |
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.
Rock Oak |
| = | 2.66 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.
Rock Price To Book Comparison
Rock Oak is currently under evaluation in price to book among similar funds.
Rock Oak Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Rock Oak, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rock Oak will eventually generate negative long term returns. The profitability progress is the general direction of Rock Oak's change in net profit over the period of time. It can combine multiple indicators of Rock Oak, 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 common stocks of mid capitalization companies, though the fund may also hold positions in large market capitalization companies. It invests primarily in common stocks of U.S. companies, but may, to a lesser extent, invest in equity REITs, common stocks of foreign companies and American Depositary Receipts .
Rock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Rock Oak. 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 Rock Oak 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 Rock Oak's important profitability drivers and their relationship over time.
Use Rock Oak 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 Rock Oak 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 Rock Oak will appreciate offsetting losses from the drop in the long position's value.Rock Oak Pair Trading
Rock Oak E Pair Trading Analysis
The ability to find closely correlated positions to Rock Oak could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rock Oak 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 Rock Oak - 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 Rock Oak E to buy it.
The correlation of Rock Oak 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 Rock Oak moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rock Oak E 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 Rock Oak 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 Rock Oak position
In addition to having Rock Oak 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 Obamacare Thematic Idea Now
Obamacare
Health care services and providers including hospitals, clinics and nursing homes that hope to benefit from Obamacare program. The Obamacare theme has 37 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 Obamacare Theme or any other thematic opportunities.
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Other Information on Investing in Rock Mutual Fund
To fully project Rock Oak's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Rock Oak E 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 Rock Oak's income statement, its balance sheet, and the statement of cash flows.
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