Steward Ered Net Asset vs. Year To Date Return
| SCJAX Fund | USD 8.33 0.02 0.24% |
For Steward Ered profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Steward Ered to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Steward Ered Call utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Steward Ered's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Steward Ered Call over time as well as its relative position and ranking within its peers.
Steward |
Steward Ered Call Year To Date Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Steward Ered's current stock value. Our valuation model uses many indicators to compare Steward Ered value to that of its competitors to determine the firm's financial worth. Steward Ered Call is rated top fund in net asset among similar funds. It also is rated top fund in year to date return among similar funds . The ratio of Net Asset to Year To Date Return for Steward Ered Call is about 3,406,846 . 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 Steward Ered's earnings, one of the primary drivers of an investment's value.Steward Year To Date 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.
Steward Ered |
| = | 57.08 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.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Steward Ered |
| = | 16.75 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Steward Year To Date Return Comparison
Steward Ered is currently under evaluation in year to date return among similar funds.
Steward Ered Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Steward Ered, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Steward Ered will eventually generate negative long term returns. The profitability progress is the general direction of Steward Ered's change in net profit over the period of time. It can combine multiple indicators of Steward Ered, 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 in a portfolio of large cap, dividend paying, equity securities that are listed on U.S. exchanges and to write covered call options on those securities with the overall goal of providing options premium income and lowering volatility of the funds portfolio when compared to the broader uncovered large cap securities market.
Steward Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Steward Ered. 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 Steward Ered 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 Steward Ered's important profitability drivers and their relationship over time.
Use Steward Ered 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 Steward Ered 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 Steward Ered will appreciate offsetting losses from the drop in the long position's value.Steward Ered Pair Trading
Steward Ered Call Pair Trading Analysis
The ability to find closely correlated positions to Steward Ered could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steward Ered 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 Steward Ered - 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 Steward Ered Call to buy it.
The correlation of Steward Ered 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 Steward Ered moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steward Ered Call 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 Steward Ered 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 Steward Ered position
In addition to having Steward Ered 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 Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 24 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 Long/short ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Steward Mutual Fund
To fully project Steward Ered's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Steward Ered Call 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 Steward Ered's income statement, its balance sheet, and the statement of cash flows.
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