1290 Doubleline One Year Return vs. Cash Position Weight
| TNYRX Fund | USD 11.01 0.01 0.09% |
For 1290 Doubleline profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 1290 Doubleline to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 1290 Doubleline Dynamic utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 1290 Doubleline's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 1290 Doubleline Dynamic over time as well as its relative position and ranking within its peers.
1290 |
1290 Doubleline Dynamic Cash Position Weight vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining 1290 Doubleline's current stock value. Our valuation model uses many indicators to compare 1290 Doubleline value to that of its competitors to determine the firm's financial worth. 1290 Doubleline Dynamic is rated top fund in one year return among similar funds. It also is rated top fund in cash position weight among similar funds creating about 6.98 of Cash Position Weight per One Year 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 1290 Doubleline's earnings, one of the primary drivers of an investment's value.1290 Cash Position Weight vs. One Year Return
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.
1290 Doubleline |
| = | 13.12 % |
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.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
1290 Doubleline |
| = | 91.61 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
1290 Cash Position Weight Comparison
1290 Doubleline is currently under evaluation in cash position weight among similar funds.
1290 Doubleline Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in 1290 Doubleline, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 1290 Doubleline will eventually generate negative long term returns. The profitability progress is the general direction of 1290 Doubleline's change in net profit over the period of time. It can combine multiple indicators of 1290 Doubleline, 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 fund normally invests in a diversified range of income generating equity and fixed income securities of issuers and other financial instruments, including derivatives, which provide investment exposure to such securities. Its equity allocation will typically range from 25 percent to 70 percent of the funds net assets, and its fixed income allocation will typically range from 20 percent to 75 percent of its net assets, although the fund may invest up to 100 percent of its total assets in either equity or fixed income securities.
1290 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 1290 Doubleline. 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 1290 Doubleline 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 1290 Doubleline's important profitability drivers and their relationship over time.
Use 1290 Doubleline 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 1290 Doubleline 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 1290 Doubleline will appreciate offsetting losses from the drop in the long position's value.1290 Doubleline Pair Trading
1290 Doubleline Dynamic Pair Trading Analysis
The ability to find closely correlated positions to 1290 Doubleline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 1290 Doubleline 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 1290 Doubleline - 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 1290 Doubleline Dynamic to buy it.
The correlation of 1290 Doubleline 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 1290 Doubleline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 1290 Doubleline Dynamic 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 1290 Doubleline 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 1290 Doubleline position
In addition to having 1290 Doubleline 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 Financials ETFs Thematic Idea Now
Financials ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Financials ETFs theme has 45 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 Financials ETFs Theme or any other thematic opportunities.
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Other Information on Investing in 1290 Mutual Fund
To fully project 1290 Doubleline's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of 1290 Doubleline Dynamic 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 1290 Doubleline's income statement, its balance sheet, and the statement of cash flows.
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