Special Opportunities Five Year Return vs. Price To Earning

SPE Fund  USD 15.51  0.08  0.52%   
Based on Special Opportunities' profitability indicators, Special Opportunities Closed may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Special Opportunities' ability to earn profits and add value for shareholders.
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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Please note, there is a significant difference between Special Opportunities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Special Opportunities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Special Opportunities' 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.

Special Opportunities Price To Earning vs. Five Year Return 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 top fund in five year return among similar funds. It is rated second largest fund in price to earning among similar funds reporting about  0.89  of Price To Earning per Five Year Return. The ratio of Five Year Return to Price To Earning for Special Opportunities Closed is roughly  1.13 . 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 Price To Earning vs. Five Year Return

Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Special Opportunities

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
11.27 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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.

Special Opportunities

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
9.98 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.

Special Price To Earning Comparison

Special Opportunities is currently under evaluation in price to earning among similar funds.

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. It invests in close-ended funds investing in public equity and fixed income markets. The fund employs a combination of value, opportunistic and special situations strategies to make its investments. It benchmarks the performance of its portfolio against the SP 500 Index. The fund was previously known as Insured Municipal Income Fund, Inc. Special Opportunities Fund, Inc. was formed on February 18, 1993 and is domiciled in the United States.

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.
Pair CorrelationCorrelation Matching

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 Personal Services Thematic Idea Now

Personal Services
Personal Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services 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 Personal Services 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.
Potential Special Opportunities investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Special Opportunities investors may work on each financial statement separately, they are all related. The changes in Special Opportunities's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Special Opportunities's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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