Toroso Investments One Year Return vs. Net Asset
| SDEF Etf | USD 17.42 0.10 0.58% |
For Toroso Investments profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Toroso Investments to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Toroso Investments utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Toroso Investments's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Toroso Investments over time as well as its relative position and ranking within its peers.
Toroso |
The market value of Toroso Investments is measured differently than its book value, which is the value of Toroso that is recorded on the company's balance sheet. Investors also form their own opinion of Toroso Investments' value that differs from its market value or its book value, called intrinsic value, which is Toroso Investments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toroso Investments' market value can be influenced by many factors that don't directly affect Toroso Investments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toroso Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Toroso Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toroso Investments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Toroso Investments Net Asset vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Toroso Investments's current stock value. Our valuation model uses many indicators to compare Toroso Investments value to that of its competitors to determine the firm's financial worth. Toroso Investments is rated below average in one year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Toroso Investments by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Toroso Net Asset 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.
Toroso Investments |
| = | (16.94) % |
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.
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.
Toroso Investments |
| = | 20.89 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.
Toroso Net Asset Comparison
Toroso Investments is rated below average in net asset as compared to similar ETFs.
Toroso Investments Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Toroso Investments, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Toroso Investments will eventually generate negative long term returns. The profitability progress is the general direction of Toroso Investments' change in net profit over the period of time. It can combine multiple indicators of Toroso Investments, 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 will invest at least 80 percent of its net assets in fixed income securities. Sound Enhanced is traded on NYSEARCA Exchange in the United States.
Toroso Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Toroso Investments. 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 Toroso Investments 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 Toroso Investments' important profitability drivers and their relationship over time.
Use Toroso Investments 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 Toroso Investments 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 Toroso Investments will appreciate offsetting losses from the drop in the long position's value.Toroso Investments Pair Trading
Toroso Investments Pair Trading Analysis
The ability to find closely correlated positions to Toroso Investments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toroso Investments 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 Toroso Investments - 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 Toroso Investments to buy it.
The correlation of Toroso Investments 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 Toroso Investments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toroso Investments 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 Toroso Investments 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 Toroso Investments position
In addition to having Toroso Investments 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 Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 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 Trading Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
To fully project Toroso Investments' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Toroso Investments 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 Toroso Investments' income statement, its balance sheet, and the statement of cash flows.