Westcore Global Cash Position Weight vs. Price To Earning

WIMVX Fund  USD 11.78  0.07  0.59%   
Taking into consideration Westcore Global's profitability measurements, Westcore Global Large Cap 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 Westcore Global's ability to earn profits and add value for shareholders.
For Westcore Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Westcore Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Westcore Global Large Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Westcore Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Westcore Global Large Cap 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 Westcore Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westcore Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westcore Global'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.

Westcore Global Large Price To Earning vs. Cash Position Weight Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Westcore Global's current stock value. Our valuation model uses many indicators to compare Westcore Global value to that of its competitors to determine the firm's financial worth.
Westcore Global Large Cap is rated below average in cash position weight among similar funds. It is rated second in price to earning among similar funds reporting about  8.97  of Price To Earning per Cash Position 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 Westcore Global's earnings, one of the primary drivers of an investment's value.

Westcore Price To Earning 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.

Westcore Global

Cash Percentage

 = 

% of Cash

in the fund

 = 
1.94 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
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.

Westcore Global

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
17.41 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.

Westcore Global Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Westcore Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Westcore Global will eventually generate negative long term returns. The profitability progress is the general direction of Westcore Global's change in net profit over the period of time. It can combine multiple indicators of Westcore Global, 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.
Under normal circumstances, the fund will invest at least 80 percent of the value of its net assets in equity securities of companies of any size, including small- and mid-capitalization companies. It will invest at least 40 percent of its net assets in stocks of foreign companies drawn from at least three different countries .

Westcore Profitability Driver Comparison

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

Use Westcore Global 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 Westcore Global 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 Westcore Global will appreciate offsetting losses from the drop in the long position's value.

Westcore Global Pair Trading

Westcore Global Large Cap Pair Trading Analysis

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

In addition to having Westcore Global 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.

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Run Large Blend Funds Thematic Idea Now

Large Blend Funds
Large Blend Funds Theme
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 44 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 Large Blend Funds Theme or any other thematic opportunities.
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Other Information on Investing in Westcore Mutual Fund

To fully project Westcore Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Westcore Global Large 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 Westcore Global's income statement, its balance sheet, and the statement of cash flows.
Potential Westcore Global investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Westcore Global investors may work on each financial statement separately, they are all related. The changes in Westcore Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Westcore Global'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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