Smead Value Year To Date Return vs. One Year Return

SVFKX Fund  USD 84.15  0.10  0.12%   
Based on the measurements of profitability obtained from Smead Value's financial statements, Smead Value Fund 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 Smead Value's ability to earn profits and add value for shareholders.
For Smead Value profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Smead Value to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Smead Value Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Smead Value's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Smead Value Fund 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 Smead Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smead Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smead Value's 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.

Smead Value Fund One Year Return vs. Year To Date Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Smead Value's current stock value. Our valuation model uses many indicators to compare Smead Value value to that of its competitors to determine the firm's financial worth.
Smead Value Fund is rated below average in year to date return among similar funds. It also is rated below average in one year return among similar funds reporting about  2.04  of One Year Return per Year To Date Return. 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 Smead Value's earnings, one of the primary drivers of an investment's value.

Smead One Year Return vs. Year To Date Return

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.

Smead Value

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
9.84 %
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.
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.

Smead Value

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
20.04 %
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.

Smead One Year Return Comparison

Smead Value is currently under evaluation in one year return among similar funds.

Smead Value Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Smead Value, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Smead Value will eventually generate negative long term returns. The profitability progress is the general direction of Smead Value's change in net profit over the period of time. It can combine multiple indicators of Smead Value, 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.
To achieve its investment objective, the fund will maintain approximately 25-30 companies in its portfolio and will invest in the common stocks of large capitalization U.S. companies. The funds manager considers large-cap companies to be those publicly traded U.S. companies with capitalizations exceeding 5 billion. It is non-diversified.

Smead Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Smead Value. 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 Smead Value 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 Smead Value's important profitability drivers and their relationship over time.

Use Smead Value 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 Smead Value 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 Smead Value will appreciate offsetting losses from the drop in the long position's value.

Smead Value Pair Trading

Smead Value Fund Pair Trading Analysis

The ability to find closely correlated positions to Smead Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smead Value 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 Smead Value - 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 Smead Value Fund to buy it.
The correlation of Smead Value 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 Smead Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smead Value Fund 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 Smead Value 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 Smead Value position

In addition to having Smead Value 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.

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Hybrid Mix Funds
Hybrid Mix Funds Theme
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 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 Hybrid Mix Funds Theme or any other thematic opportunities.
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Other Information on Investing in Smead Mutual Fund

To fully project Smead Value's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Smead Value Fund 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 Smead Value's income statement, its balance sheet, and the statement of cash flows.
Potential Smead Value investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Smead Value investors may work on each financial statement separately, they are all related. The changes in Smead Value's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Smead Value'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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