International Discovery Equity Positions Weight vs. Price To Earning
Based on the key profitability measurements obtained from International Discovery's financial statements, International Discovery 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 International Discovery's ability to earn profits and add value for shareholders.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Please note, there is a significant difference between International Discovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Discovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Discovery'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.
For International Discovery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of International Discovery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well International Discovery Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between International Discovery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of International Discovery Fund over time as well as its relative position and ranking within its peers.
International |
International Discovery Price To Earning vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining International Discovery's current stock value. Our valuation model uses many indicators to compare International Discovery value to that of its competitors to determine the firm's financial worth. International Discovery Fund is rated top fund in equity positions weight among similar funds. It also is rated top fund in price to earning among similar funds reporting about 0.23 of Price To Earning per Equity Positions Weight. The ratio of Equity Positions Weight to Price To Earning for International Discovery Fund is roughly 4.31 . 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 International Discovery's earnings, one of the primary drivers of an investment's value.International Price To Earning vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
International Discovery |
| = | 100.00 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
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.
International Discovery |
| = | 23.22 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.
International Price To Earning Comparison
International Discovery is currently under evaluation in price to earning among similar funds.
International Discovery Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in International Discovery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, International Discovery will eventually generate negative long term returns. The profitability progress is the general direction of International Discovery's change in net profit over the period of time. It can combine multiple indicators of International Discovery, 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 invests primarily in equity securities of companies that are small- to medium- sized at the time of purchase and are located in foreign developed countries or emerging market countries. American Century is traded on NASDAQ Stock Exchange in USA.
International Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on International Discovery. 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 International Discovery 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 International Discovery's important profitability drivers and their relationship over time.
Use International Discovery 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 International Discovery 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 International Discovery will appreciate offsetting losses from the drop in the long position's value.International Discovery Pair Trading
International Discovery Fund Pair Trading Analysis
The ability to find closely correlated positions to Republic Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Republic Services 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 Republic Services - 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 Republic Services to buy it.
The correlation of Republic Services 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 Republic Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Republic Services 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 Republic Services 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 International Discovery position
In addition to having International Discovery 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 Climate Change Thematic Idea Now
Climate Change
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. The Climate Change theme has 41 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 Climate Change Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in International Mutual Fund
If you are still planning to invest in International Discovery check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the International Discovery's history and understand the potential risks before investing.
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