Zacks Small-cap One Year Return vs. Five Year Return
| ZSCIX Fund | USD 40.00 0.01 0.03% |
For Zacks Small-cap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zacks Small-cap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zacks Small Cap E utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zacks Small-cap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zacks Small Cap E over time as well as its relative position and ranking within its peers.
Zacks |
Zacks Small Cap Five Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zacks Small-cap's current stock value. Our valuation model uses many indicators to compare Zacks Small-cap value to that of its competitors to determine the firm's financial worth. Zacks Small Cap E is presently regarded as number one fund in one year return among similar funds. It also is presently regarded as number one fund in five year return among similar funds reporting about 0.35 of Five Year Return per One Year Return. The ratio of One Year Return to Five Year Return for Zacks Small Cap E is roughly 2.87 . 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 Zacks Small-cap's earnings, one of the primary drivers of an investment's value.Zacks Five Year Return vs. One Year Return
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.
Zacks Small-cap |
| = | 29.27 % |
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.
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.
Zacks Small-cap |
| = | 10.18 % |
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.
Zacks Five Year Return Comparison
Zacks Small is currently under evaluation in five year return among similar funds.
Zacks Small-cap Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zacks Small-cap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zacks Small-cap will eventually generate negative long term returns. The profitability progress is the general direction of Zacks Small-cap's change in net profit over the period of time. It can combine multiple indicators of Zacks Small-cap, 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 pursues its investment objective by applying a hybrid research process which uses both quantitative and qualitative criteria. It will invest at least 80 percent of its net assets in a diversified portfolio of equity securities of small capitalization companies, with an emphasis on equity securities of U.S. issuers. The fund may engage in short-sale transactions up to 25 percent of its net assets. It also may invest in equity securities of Canadian issuers and American Depository Receipts.
Zacks Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zacks Small-cap. 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 Zacks Small-cap 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 Zacks Small-cap's important profitability drivers and their relationship over time.
Use Zacks Small-cap 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 Zacks Small-cap 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 Zacks Small-cap will appreciate offsetting losses from the drop in the long position's value.Zacks Small-cap Pair Trading
Zacks Small Cap E Pair Trading Analysis
The ability to find closely correlated positions to Zacks Small-cap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zacks Small-cap 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 Zacks Small-cap - 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 Zacks Small Cap E to buy it.
The correlation of Zacks Small-cap 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 Zacks Small-cap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zacks Small Cap 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 Zacks Small-cap 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 Zacks Small-cap position
In addition to having Zacks Small-cap 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 Heavy Metals Thematic Idea Now
Heavy Metals
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 38 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 Heavy Metals Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Zacks Mutual Fund
To fully project Zacks Small-cap's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zacks Small Cap 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 Zacks Small-cap's income statement, its balance sheet, and the statement of cash flows.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |