Special Opportunities Annual Yield vs. Beta
| SPE Fund | USD 15.35 0.07 0.45% |
For Special Opportunities profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Special Opportunities to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Special Opportunities Closed utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Special Opportunities's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Special Opportunities Closed over time as well as its relative position and ranking within its peers.
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Special Opportunities Beta vs. Annual Yield Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Special Opportunities's current stock value. Our valuation model uses many indicators to compare Special Opportunities value to that of its competitors to determine the firm's financial worth. Special Opportunities Closed is rated fifth largest fund in annual yield among similar funds. It is rated top fund in beta among similar funds totaling about 214.00 of Beta per Annual Yield. Comparative valuation analysis is a catch-all technique that is used if you cannot value Special Opportunities 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.Special Beta vs. Annual Yield
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Special Opportunities |
| = | 0.01 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
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.
Special Opportunities |
| = | 1.07 |
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.
Special Beta Comparison
Special Opportunities is currently under evaluation in beta among similar funds.
Beta Analysis
Special Opportunities returns are very sensitive to returns on the market. As the market goes up or down, Special Opportunities is expected to follow.
Special Opportunities Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Special Opportunities, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Special Opportunities will eventually generate negative long term returns. The profitability progress is the general direction of Special Opportunities' change in net profit over the period of time. It can combine multiple indicators of Special Opportunities, 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.
Special Opportunities Fund, Inc. is a close-ended balanced fund of funds launched and managed by Bulldog Investors, LLC. Special Opportunities Fund, Inc. was formed on February 18, 1993 and is domiciled in the United States. Special Opportunities operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
Special Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Special Opportunities. 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 Special Opportunities 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 Special Opportunities' important profitability drivers and their relationship over time.
Use Special Opportunities 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 Special Opportunities 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 Special Opportunities will appreciate offsetting losses from the drop in the long position's value.Special Opportunities Pair Trading
Special Opportunities Closed Pair Trading Analysis
The ability to find closely correlated positions to Special Opportunities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Special Opportunities 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 Special Opportunities - 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 Special Opportunities Closed to buy it.
The correlation of Special Opportunities 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 Special Opportunities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Special Opportunities 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 Special Opportunities 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 Special Opportunities position
In addition to having Special Opportunities 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 Single Stock ETFs Thematic Idea Now
Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs 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 Single Stock ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Special Fund
To fully project Special Opportunities' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Special Opportunities 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 Special Opportunities' income statement, its balance sheet, and the statement of cash flows.
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