Westcore Global Cash Position Weight vs. Price To Book
| WTMVX Fund | USD 12.37 0.02 0.16% |
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.
Westcore |
Westcore Global Large Price To Book 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 presently regarded as number one fund in cash position weight among similar funds. It also is presently regarded as number one fund in price to book among similar funds fabricating about 0.83 of Price To Book per Cash Position Weight. The ratio of Cash Position Weight to Price To Book for Westcore Global Large Cap is roughly 1.20 . 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 Book 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 |
| = | 3.26 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Westcore Global |
| = | 2.71 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Westcore Price To Book Comparison
Westcore Global is currently under evaluation in price to book among similar funds.
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.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.Did You Try This Idea?
Run Emerging Markets ETFs Thematic Idea Now
Emerging Markets ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 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 Emerging Markets ETFs 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.
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