Towpath Focus Cash Position Weight vs. Three Year Return
| TOWFX Fund | USD 16.11 0.05 0.31% |
For Towpath Focus profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Towpath Focus to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Towpath Focus utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Towpath Focus's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Towpath Focus over time as well as its relative position and ranking within its peers.
Towpath |
Towpath Focus Three Year Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Towpath Focus's current stock value. Our valuation model uses many indicators to compare Towpath Focus value to that of its competitors to determine the firm's financial worth. Towpath Focus is rated top fund in cash position weight among similar funds. It also is rated top fund in three year return among similar funds reporting about 0.54 of Three Year Return per Cash Position Weight. The ratio of Cash Position Weight to Three Year Return for Towpath Focus is roughly 1.85 . 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 Towpath Focus' earnings, one of the primary drivers of an investment's value.Towpath Three Year Return vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Towpath Focus |
| = | 16.18 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Towpath Focus |
| = | 8.75 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Towpath Three Year Return Comparison
Towpath Focus is currently under evaluation in three year return among similar funds.
Towpath Focus Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Towpath Focus, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Towpath Focus will eventually generate negative long term returns. The profitability progress is the general direction of Towpath Focus' change in net profit over the period of time. It can combine multiple indicators of Towpath Focus, 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 advisor seeks to achieve the funds investment objective by investing primarily in U.S. equity securities but may also hold shares of foreign companies either directly or through American Depository Receipts . Companies in which the fund invests may be of any capitalization size. Under normal circumstances, it will invest at least 80 percent of its assets in equity securities. It is non-diversified.
Towpath Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Towpath Focus. 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 Towpath Focus 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 Towpath Focus' important profitability drivers and their relationship over time.
Use Towpath Focus 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 Towpath Focus 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 Towpath Focus will appreciate offsetting losses from the drop in the long position's value.Towpath Focus Pair Trading
Towpath Focus Pair Trading Analysis
The ability to find closely correlated positions to Towpath Focus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Towpath Focus 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 Towpath Focus - 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 Towpath Focus to buy it.
The correlation of Towpath Focus 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 Towpath Focus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Towpath Focus 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 Towpath Focus 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 Towpath Focus position
In addition to having Towpath Focus 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 Preferred Stock ETFs Thematic Idea Now
Preferred Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Preferred Stock ETFs theme has 16 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 Preferred Stock ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Towpath Mutual Fund
To fully project Towpath Focus' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Towpath Focus 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 Towpath Focus' income statement, its balance sheet, and the statement of cash flows.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |