Teton Convertible Equity Positions Weight vs. One Year Return

WEIAX Fund  USD 13.79  0.12  0.86%   
Based on the measurements of profitability obtained from Teton Convertible's financial statements, Teton Vertible Securities 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 Teton Convertible's ability to earn profits and add value for shareholders.
For Teton Convertible profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Teton Convertible to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Teton Vertible Securities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Teton Convertible's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Teton Vertible Securities over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Teton Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teton Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teton Convertible'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.

Teton Vertible Securities One Year Return vs. Equity Positions Weight Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Teton Convertible's current stock value. Our valuation model uses many indicators to compare Teton Convertible value to that of its competitors to determine the firm's financial worth.
Teton Vertible Securities is presently regarded as number one fund in equity positions weight among similar funds. It also is presently regarded as number one fund in one year return among similar funds reporting about  8.65  of One Year Return per Equity Positions Weight. 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 Teton Convertible's earnings, one of the primary drivers of an investment's value.

Teton One Year Return 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.

Teton Convertible

Stock Percentage

 = 

% of Equities

in the fund

 = 
2.53 %
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
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.

Teton Convertible

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
21.88 %
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.

Teton One Year Return Comparison

Teton Vertible is currently under evaluation in one year return among similar funds.

Teton Convertible Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Teton Convertible, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Teton Convertible will eventually generate negative long term returns. The profitability progress is the general direction of Teton Convertible's change in net profit over the period of time. It can combine multiple indicators of Teton Convertible, 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, under normal circumstances, at least 80 percent of its net assets in convertible securities, and in derivatives and other instruments that have economic characteristics similar to such securities. It may invest in securities of any market capitalization or credit quality, and may from time to time invest a significant amount of its assets in securities of smaller companies. The fund may invest up to 20 percent of its net assets in common stocks, non-convertible preferred stocks, and non-convertible fixed income securities.

Teton Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Teton Convertible. 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 Teton Convertible 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 Teton Convertible's important profitability drivers and their relationship over time.

Use Teton Convertible 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 Teton Convertible 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 Teton Convertible will appreciate offsetting losses from the drop in the long position's value.

Teton Convertible Pair Trading

Teton Vertible Securities Pair Trading Analysis

The ability to find closely correlated positions to Teton Convertible could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Teton Convertible 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 Teton Convertible - 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 Teton Vertible Securities to buy it.
The correlation of Teton Convertible 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 Teton Convertible moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teton Vertible Securities 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 Teton Convertible 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Teton Convertible position

In addition to having Teton Convertible 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 Social Domain Thematic Idea Now

Social Domain
Social Domain Theme
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 39 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 Social Domain Theme or any other thematic opportunities.
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Other Information on Investing in Teton Mutual Fund

To fully project Teton Convertible's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Teton Vertible Securities 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 Teton Convertible's income statement, its balance sheet, and the statement of cash flows.
Potential Teton Convertible investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Teton Convertible investors may work on each financial statement separately, they are all related. The changes in Teton Convertible's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Teton Convertible's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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