Conestoga Smid Three Year Return vs. Five Year Return
| CCSMX Fund | USD 27.03 0.29 1.06% |
For Conestoga Smid profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Conestoga Smid to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Conestoga Smid Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Conestoga Smid's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Conestoga Smid Cap over time as well as its relative position and ranking within its peers.
Conestoga |
Conestoga Smid Cap Five Year Return vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Conestoga Smid's current stock value. Our valuation model uses many indicators to compare Conestoga Smid value to that of its competitors to determine the firm's financial worth. Conestoga Smid Cap is second largest fund in three year return among similar funds. It also is second largest fund in five year return among similar funds reporting about 3.67 of Five Year Return per Three Year Return. 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 Conestoga Smid's earnings, one of the primary drivers of an investment's value.Conestoga Five Year Return vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Conestoga Smid |
| = | 2.55 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year 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.
Conestoga Smid |
| = | 9.37 % |
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.
Conestoga Five Year Return Comparison
Conestoga Smid is the top fund in five year return among similar funds.
Conestoga Smid Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Conestoga Smid, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Conestoga Smid will eventually generate negative long term returns. The profitability progress is the general direction of Conestoga Smid's change in net profit over the period of time. It can combine multiple indicators of Conestoga Smid, 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 at least 80 percent of its net assets in equity securities of small-to-mid capitalization companies. Equity securities include American depositary receipts , convertible securities, foreign and domestic common and preferred stocks, rights and warrants.
Conestoga Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Conestoga Smid. 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 Conestoga Smid 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 Conestoga Smid's important profitability drivers and their relationship over time.
Use Conestoga Smid 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 Conestoga Smid 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 Conestoga Smid will appreciate offsetting losses from the drop in the long position's value.Conestoga Smid Pair Trading
Conestoga Smid Cap Pair Trading Analysis
The ability to find closely correlated positions to Conestoga Smid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conestoga Smid 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 Conestoga Smid - 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 Conestoga Smid Cap to buy it.
The correlation of Conestoga Smid 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 Conestoga Smid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conestoga Smid 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 Conestoga Smid 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 Conestoga Smid position
In addition to having Conestoga Smid 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 Automobiles and Trucks Thematic Idea Now
Automobiles and Trucks
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Automobiles and Trucks theme has 61 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 Automobiles and Trucks Theme or any other thematic opportunities.
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Other Information on Investing in Conestoga Mutual Fund
To fully project Conestoga Smid's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Conestoga Smid 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 Conestoga Smid's income statement, its balance sheet, and the statement of cash flows.
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