Multifactor Three Year Return vs. One Year Return
| RTDCX Fund | USD 20.59 0.10 0.49% |
For Multifactor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Multifactor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Multifactor Equity Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Multifactor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Multifactor Equity Fund over time as well as its relative position and ranking within its peers.
Multifactor |
Multifactor Equity One Year Return vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Multifactor's current stock value. Our valuation model uses many indicators to compare Multifactor value to that of its competitors to determine the firm's financial worth. Multifactor Equity Fund is rated top fund in three year return among similar funds. It also is rated top fund in one year return among similar funds reporting about 3.53 of One Year Return per Three 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 Multifactor's earnings, one of the primary drivers of an investment's value.Multifactor One Year Return vs. Three Year Return
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.
Multifactor |
| = | 8.77 % |
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.
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.
Multifactor |
| = | 30.95 % |
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.
Multifactor One Year Return Comparison
Multifactor Equity is currently under evaluation in one year return among similar funds.
Multifactor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Multifactor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Multifactor will eventually generate negative long term returns. The profitability progress is the general direction of Multifactor's change in net profit over the period of time. It can combine multiple indicators of Multifactor, 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 has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net assets plus borrowings for investment purposes in equity securities economically tied to the U.S. It invests principally in common stocks of large and medium capitalization U.S. companies but may also invest in small capitalization U.S. companies. The manager defines large and medium capitalization stocks as stocks of those companies represented by the Russell 1000 Index or within the capitalization range of the Russell 1000 Index.
Multifactor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Multifactor. 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 Multifactor 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 Multifactor's important profitability drivers and their relationship over time.
| Three Year Return vs Year To Date Return | ||
| Five Year Return vs One Year Return | ||
| Three Year Return vs Net Asset | ||
| Cash Position Weight vs One Year Return | ||
| Three Year Return vs Equity Positions Weight |
Use Multifactor 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 Multifactor 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 Multifactor will appreciate offsetting losses from the drop in the long position's value.Multifactor Pair Trading
Multifactor Equity Fund Pair Trading Analysis
The ability to find closely correlated positions to Multifactor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Multifactor 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 Multifactor - 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 Multifactor Equity Fund to buy it.
The correlation of Multifactor 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 Multifactor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Multifactor Equity 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 Multifactor 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 Multifactor position
In addition to having Multifactor 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds 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 Junk Bonds Funds Theme or any other thematic opportunities.
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Other Information on Investing in Multifactor Mutual Fund
To fully project Multifactor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Multifactor Equity 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 Multifactor's income statement, its balance sheet, and the statement of cash flows.
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