Aegis Value Price To Earning vs. Year To Date Return
| AVALX Fund | USD 41.10 0.23 0.56% |
For Aegis Value profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aegis Value to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aegis Value Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aegis Value's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aegis Value Fund over time as well as its relative position and ranking within its peers.
Aegis |
Aegis Value Fund Year To Date Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aegis Value's current stock value. Our valuation model uses many indicators to compare Aegis Value value to that of its competitors to determine the firm's financial worth. Aegis Value Fund is the top fund in price to earning among similar funds. It also is the top fund in year to date return among similar funds creating about 2.94 of Year To Date Return per Price To Earning. 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 Aegis Value's earnings, one of the primary drivers of an investment's value.Aegis Year To Date Return vs. Price To Earning
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.
Aegis Value |
| = | 5.55 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.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Aegis Value |
| = | 16.32 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Aegis Year To Date Return Comparison
Aegis Value is currently under evaluation in year to date return among similar funds.
Aegis Value Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aegis Value, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aegis Value will eventually generate negative long term returns. The profitability progress is the general direction of Aegis Value's change in net profit over the period of time. It can combine multiple indicators of Aegis Value, 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 primarily in common stocks that the funds investment advisor believes are significantly undervalued relative to the market based on fundamental accounting measures including book value , revenues, or cash flow. It has no percentage allocation for investments in small- or mid-capitalization companies, and the fund may invest up to 100 percent of its portfolio in the securities of these companies.
Aegis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aegis Value. 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 Aegis Value 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 Aegis Value's important profitability drivers and their relationship over time.
Use Aegis Value 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 Aegis Value 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 Aegis Value will appreciate offsetting losses from the drop in the long position's value.Aegis Value Pair Trading
Aegis Value Fund Pair Trading Analysis
The ability to find closely correlated positions to Aegis Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aegis Value 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 Aegis Value - 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 Aegis Value Fund to buy it.
The correlation of Aegis Value 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 Aegis Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aegis Value Fund 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 Aegis Value 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 Aegis Value position
In addition to having Aegis Value 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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Obamacare
Health care services and providers including hospitals, clinics and nursing homes that hope to benefit from Obamacare program. The Obamacare theme has 37 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 Obamacare Theme or any other thematic opportunities.
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Other Information on Investing in Aegis Mutual Fund
To fully project Aegis Value's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aegis Value Fund 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 Aegis Value's income statement, its balance sheet, and the statement of cash flows.
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