Reaves Utility Five Year Return vs. Beta
| UTG Fund | USD 34.87 0.12 0.34% |
For Reaves Utility profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Reaves Utility to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Reaves Utility If utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Reaves Utility's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Reaves Utility If over time as well as its relative position and ranking within its peers.
Reaves |
Reaves Utility If Beta vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Reaves Utility's current stock value. Our valuation model uses many indicators to compare Reaves Utility value to that of its competitors to determine the firm's financial worth. Reaves Utility If is rated below average in five year return among similar funds. It is rated below average in beta among similar funds totaling about 0.10 of Beta per Five Year Return. The ratio of Five Year Return to Beta for Reaves Utility If is roughly 9.84 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Reaves Utility by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Reaves Beta vs. Five Year Return
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.
Reaves Utility |
| = | 7.08 % |
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Reaves Utility |
| = | 0.72 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Reaves Beta Comparison
Reaves Utility is currently under evaluation in beta among similar funds.
Beta Analysis
As returns on the market increase, Reaves Utility's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reaves Utility is expected to be smaller as well.
Reaves Utility Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Reaves Utility, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Reaves Utility will eventually generate negative long term returns. The profitability progress is the general direction of Reaves Utility's change in net profit over the period of time. It can combine multiple indicators of Reaves Utility, 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.
Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H. Reaves Company, Inc. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the Utilities sector. The fund primarily invests in dividend paying stocks and debt instruments of companies operating across all market capitalizations. It employs a combination of quantitative and fundamental analysis with bottom-up stock picking approach to create its portfolio. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.
Reaves Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Reaves Utility. 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 Reaves Utility 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 Reaves Utility's important profitability drivers and their relationship over time.
Use Reaves Utility 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 Reaves Utility 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 Reaves Utility will appreciate offsetting losses from the drop in the long position's value.Reaves Utility Pair Trading
Reaves Utility If Pair Trading Analysis
The ability to find closely correlated positions to Reaves Utility could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reaves Utility 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 Reaves Utility - 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 Reaves Utility If to buy it.
The correlation of Reaves Utility 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 Reaves Utility moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reaves Utility If 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 Reaves Utility 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 Reaves Utility position
In addition to having Reaves Utility 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?
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Entertainment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment theme has 61 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 Entertainment Theme or any other thematic opportunities.
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Other Information on Investing in Reaves Fund
To fully project Reaves Utility's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Reaves Utility If 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 Reaves Utility's income statement, its balance sheet, and the statement of cash flows.
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