Alps/smith Total One Year Return vs. Year To Date Return
| SMAMX Fund | USD 9.71 0.03 0.31% |
For Alps/smith Total profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alps/smith Total to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alpssmith Total Return utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alps/smith Total's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alpssmith Total Return over time as well as its relative position and ranking within its peers.
Alps/smith |
Alpssmith Total Return Year To Date Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alps/smith Total's current stock value. Our valuation model uses many indicators to compare Alps/smith Total value to that of its competitors to determine the firm's financial worth. Alpssmith Total Return is rated top fund in one year return among similar funds. It also is rated top fund in year to date return among similar funds creating about 0.34 of Year To Date Return per One Year Return. The ratio of One Year Return to Year To Date Return for Alpssmith Total Return is roughly 2.95 . 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 Alps/smith Total's earnings, one of the primary drivers of an investment's value.Alps/smith Year To Date Return 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.
Alps/smith Total |
| = | 7.00 % |
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.
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.
Alps/smith Total |
| = | 2.38 % |
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.
Alps/smith Year To Date Return Comparison
Alpssmith Total is currently under evaluation in year to date return among similar funds.
Alps/smith Total Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alps/smith Total, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alps/smith Total will eventually generate negative long term returns. The profitability progress is the general direction of Alps/smith Total's change in net profit over the period of time. It can combine multiple indicators of Alps/smith Total, 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 pursues its investment objective by primarily investing, under normal circumstances, at least 80 percent of its net assets in bonds. Bonds include, but are not limited to, government notes and bonds, corporate bonds, convertible bonds, commercial and residential mortgage-backed securities, and zero-coupon bonds. It may also invest in asset-backed securities, money market instruments, commercial loans, and foreign debt securities .
Alps/smith Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alps/smith Total. 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 Alps/smith Total 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 Alps/smith Total's important profitability drivers and their relationship over time.
Use Alps/smith Total 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 Alps/smith Total 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 Alps/smith Total will appreciate offsetting losses from the drop in the long position's value.Alps/smith Total Pair Trading
Alpssmith Total Return Pair Trading Analysis
The ability to find closely correlated positions to Alps/smith Total could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alps/smith Total 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 Alps/smith Total - 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 Alpssmith Total Return to buy it.
The correlation of Alps/smith Total 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 Alps/smith Total moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpssmith Total Return 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 Alps/smith Total 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 Alps/smith Total position
In addition to having Alps/smith Total 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 Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 99 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 Gold and Gold Mining Theme or any other thematic opportunities.
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Other Information on Investing in Alps/smith Mutual Fund
To fully project Alps/smith Total's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alpssmith Total Return 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 Alps/smith Total's income statement, its balance sheet, and the statement of cash flows.
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