Strengthening Dollar Net Asset vs. Five Year Return
| RYSDX Fund | USD 66.86 0.24 0.36% |
For Strengthening Dollar profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Strengthening Dollar to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Strengthening Dollar 2x utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Strengthening Dollar's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Strengthening Dollar 2x over time as well as its relative position and ranking within its peers.
Strengthening |
Strengthening Dollar Five Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Strengthening Dollar's current stock value. Our valuation model uses many indicators to compare Strengthening Dollar value to that of its competitors to determine the firm's financial worth. Strengthening Dollar 2x is rated below average in net asset among similar funds. It is rated third largest fund in five year return among similar funds . The ratio of Net Asset to Five Year Return for Strengthening Dollar 2x is about 1,482,408 . 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 Strengthening Dollar's earnings, one of the primary drivers of an investment's value.Strengthening Five Year Return vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Strengthening Dollar |
| = | 6.99 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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.
Strengthening Dollar |
| = | 4.72 % |
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.
Strengthening Five Year Return Comparison
Strengthening Dollar is rated second largest fund in five year return among similar funds.
Strengthening Dollar Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Strengthening Dollar, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Strengthening Dollar will eventually generate negative long term returns. The profitability progress is the general direction of Strengthening Dollar's change in net profit over the period of time. It can combine multiple indicators of Strengthening Dollar, 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 employs as its investment strategy a program of investing in derivative instruments, which primarily consist of index swaps, futures contracts, and options on securities, securities indices, and futures contracts. The U.S. Dollar Index measures the performance of the U.S. dollar against a basket of foreign currencies that include the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. The fund is non-diversified.
Strengthening Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Strengthening Dollar. 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 Strengthening Dollar 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 Strengthening Dollar's important profitability drivers and their relationship over time.
Use Strengthening Dollar 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 Strengthening Dollar 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 Strengthening Dollar will appreciate offsetting losses from the drop in the long position's value.Strengthening Dollar Pair Trading
Strengthening Dollar 2x Pair Trading Analysis
The ability to find closely correlated positions to Strengthening Dollar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strengthening Dollar 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 Strengthening Dollar - 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 Strengthening Dollar 2x to buy it.
The correlation of Strengthening Dollar 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 Strengthening Dollar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strengthening Dollar 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 Strengthening Dollar 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 Strengthening Dollar position
In addition to having Strengthening Dollar 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 Strategy ETFs Thematic Idea Now
Strategy ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1282 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 Strategy ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Strengthening Mutual Fund
To fully project Strengthening Dollar's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Strengthening Dollar 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 Strengthening Dollar's income statement, its balance sheet, and the statement of cash flows.
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