New York Bond Positions Weight vs. Five Year Return
| UNYBX Fund | USD 10.01 0.01 0.10% |
For New York profitability analysis, we use financial ratios and fundamental drivers that measure the ability of New York to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well New York Bond utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between New York's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of New York Bond over time as well as its relative position and ranking within its peers.
New |
New York Bond Five Year Return vs. Bond Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining New York's current stock value. Our valuation model uses many indicators to compare New York value to that of its competitors to determine the firm's financial worth. New York Bond is presently regarded as number one fund in bond positions weight among similar funds. It also is presently regarded as number one fund in five year return among similar funds reporting about 0.18 of Five Year Return per Bond Positions Weight. The ratio of Bond Positions Weight to Five Year Return for New York Bond is roughly 5.53 . 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 New York's earnings, one of the primary drivers of an investment's value.New Five Year Return vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
New York |
| = | 5.49 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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.
New York |
| = | 0.99 % |
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.
New Five Year Return Comparison
New York is currently under evaluation in five year return among similar funds.
New York Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in New York, profitability is also one of the essential criteria for including it into their portfolios because, without profit, New York will eventually generate negative long term returns. The profitability progress is the general direction of New York's change in net profit over the period of time. It can combine multiple indicators of New York, 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 long-term investment-grade securities issued by the state of New York, its political subdivisions, municipalities and public authorities, instrumentalities, and by other government entities. At least 80 percent of the funds net assets will consist of New York tax-exempt securities. The funds dollar-weighted average portfolio maturity is not restricted, but is expected to be greater than 10 years.
New Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on New York. 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 New York 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 New York's important profitability drivers and their relationship over time.
Use New York 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 New York 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 New York will appreciate offsetting losses from the drop in the long position's value.New York Pair Trading
New York Bond Pair Trading Analysis
The ability to find closely correlated positions to New York could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New York 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 New York - 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 New York Bond to buy it.
The correlation of New York 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 New York moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New York Bond 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 New York 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 New York position
In addition to having New York 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 Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 42 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 Banks Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in New Mutual Fund
To fully project New York's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of New York Bond 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 New York's income statement, its balance sheet, and the statement of cash flows.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |