Eic Value Cash Position Weight vs. Three Year Return
| EICVX Fund | USD 16.89 0.09 0.54% |
For Eic Value profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eic Value to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eic Value Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eic Value's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eic Value Fund over time as well as its relative position and ranking within its peers.
Eic |
Eic Value Fund Three Year Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eic Value's current stock value. Our valuation model uses many indicators to compare Eic Value value to that of its competitors to determine the firm's financial worth. Eic Value Fund is one of the top funds in cash position weight among similar funds. It also is one of the top funds in three year return among similar funds reporting about 1.99 of Three Year Return 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 Eic Value's earnings, one of the primary drivers of an investment's value.Eic Three Year Return 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.
Eic Value |
| = | 4.45 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
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.
Eic Value |
| = | 8.83 % |
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.
Eic Three Year Return Comparison
Eic Value is currently under evaluation in three year return among similar funds.
Eic Value Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eic Value, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eic Value will eventually generate negative long term returns. The profitability progress is the general direction of Eic Value's change in net profit over the period of time. It can combine multiple indicators of Eic 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 primarily invests in common stocks of U.S. companies. It invests in companies the Adviser believes are well-managed, structurally sound and selling at a discount to their value as an ongoing business entity. The fund may invest in the stocks of companies of all capitalization sizes.
Eic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eic 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 Eic 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 Eic Value's important profitability drivers and their relationship over time.
Use Eic 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 Eic 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 Eic Value will appreciate offsetting losses from the drop in the long position's value.Eic Value Pair Trading
Eic Value Fund Pair Trading Analysis
The ability to find closely correlated positions to Eic 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 Eic 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 Eic 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 Eic Value Fund to buy it.
The correlation of Eic 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 Eic Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eic 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 Eic 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 Eic Value position
In addition to having Eic 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?
Run Basic Utilities Thematic Idea Now
Basic Utilities
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 46 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 Basic Utilities Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Eic Mutual Fund
To fully project Eic Value's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eic 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 Eic Value's income statement, its balance sheet, and the statement of cash flows.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Transaction History View history of all your transactions and understand their impact on performance |