Sp Smallcap Price To Earning vs. Three Year Return
| SMLKX Fund | USD 24.76 0.22 0.88% |
For Sp Smallcap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sp Smallcap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sp Smallcap Index utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sp Smallcap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sp Smallcap Index over time as well as its relative position and ranking within its peers.
SMLKX |
Sp Smallcap Index Three Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sp Smallcap's current stock value. Our valuation model uses many indicators to compare Sp Smallcap value to that of its competitors to determine the firm's financial worth. Sp Smallcap Index is rated top fund in price to earning among similar funds. It also is rated top fund in three year return among similar funds reporting about 0.13 of Three Year Return per Price To Earning. The ratio of Price To Earning to Three Year Return for Sp Smallcap Index is roughly 7.98 . 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 Sp Smallcap's earnings, one of the primary drivers of an investment's value.SMLKX Three Year Return vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Sp Smallcap |
| = | 21.34 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Sp Smallcap |
| = | 2.67 % |
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.
SMLKX Three Year Return Comparison
Sp Smallcap is currently under evaluation in three year return among similar funds.
Sp Smallcap Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sp Smallcap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sp Smallcap will eventually generate negative long term returns. The profitability progress is the general direction of Sp Smallcap's change in net profit over the period of time. It can combine multiple indicators of Sp Smallcap, 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 SP SmallCap 600 Index includes common stocks of 600 small U.S. companies from a broad range of industries. The fund is passively managed. It invests primarily in the stocks that make up the SP SmallCap 600 Index so that the weighting of each stock in the portfolio approximates the index. The funds policy to invest at least 80 percent of its total assets in the underlying stocks.
SMLKX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sp Smallcap. 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 Sp Smallcap 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 Sp Smallcap's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Sp Smallcap without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Sp Smallcap position
In addition to having Sp Smallcap 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?
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Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 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 Hedge Favorites Theme or any other thematic opportunities.
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Other Information on Investing in SMLKX Mutual Fund
To fully project Sp Smallcap's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sp Smallcap Index 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 Sp Smallcap's income statement, its balance sheet, and the statement of cash flows.
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