Scottish Mortgage Net Income vs. Beta
| SMT Etf | 922.40 15.60 1.72% |
For Scottish Mortgage profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Scottish Mortgage to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Scottish Mortgage Investment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Scottish Mortgage's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Scottish Mortgage Investment over time as well as its relative position and ranking within its peers.
Scottish |
Scottish Mortgage Beta vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Scottish Mortgage's current stock value. Our valuation model uses many indicators to compare Scottish Mortgage value to that of its competitors to determine the firm's financial worth.Scottish Beta vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Scottish Mortgage |
| = | 1.37 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Scottish Mortgage |
| = | 0.75 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Scottish Beta Comparison
Scottish Mortgage is rated third largest ETF in beta as compared to similar ETFs.
Beta Analysis
As returns on the market increase, Scottish Mortgage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scottish Mortgage is expected to be smaller as well.
Scottish Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Scottish Mortgage. 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 Scottish Mortgage 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 Scottish Mortgage's important profitability drivers and their relationship over time.
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| Net Income vs Last Dividend Paid |
Use Scottish Mortgage 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 Scottish Mortgage 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 Scottish Mortgage will appreciate offsetting losses from the drop in the long position's value.Scottish Mortgage Pair Trading
Scottish Mortgage Investment Pair Trading Analysis
The ability to find closely correlated positions to Scottish Mortgage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Scottish Mortgage 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 Scottish Mortgage - 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 Scottish Mortgage Investment to buy it.
The correlation of Scottish Mortgage 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 Scottish Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Scottish Mortgage 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 Scottish Mortgage 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 Scottish Mortgage position
In addition to having Scottish Mortgage 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 Recycling Thematic Idea Now
Recycling
West management companies as well as entities specializing in pollution control and recycling. The Recycling theme has 46 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 Recycling Theme or any other thematic opportunities.
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Other Information on Investing in Scottish Etf
To fully project Scottish Mortgage's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Scottish Mortgage 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 Scottish Mortgage's income statement, its balance sheet, and the statement of cash flows.