Medical Equipment Cash Position Weight vs. Ten Year Return
| FSMEX Fund | USD 69.18 0.00 0.00% |
For Medical Equipment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Medical Equipment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Medical Equipment And utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Medical Equipment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Medical Equipment And over time as well as its relative position and ranking within its peers.
Medical |
Medical Equipment And Ten Year Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Medical Equipment's current stock value. Our valuation model uses many indicators to compare Medical Equipment value to that of its competitors to determine the firm's financial worth. Medical Equipment And is one of the top funds in cash position weight among similar funds. It also is one of the top funds in ten year return among similar funds reporting about 99.72 of Ten 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 Medical Equipment's earnings, one of the primary drivers of an investment's value.Medical Ten 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.
Medical Equipment |
| = | 0.18 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Medical Equipment |
| = | 17.95 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Medical Ten Year Return Comparison
Medical Equipment is currently under evaluation in ten year return among similar funds.
Medical Equipment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Medical Equipment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Medical Equipment will eventually generate negative long term returns. The profitability progress is the general direction of Medical Equipment's change in net profit over the period of time. It can combine multiple indicators of Medical Equipment, 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 normally invests at least 80 percent of its assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment, devices, and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. The fund is non-diversified.
Medical Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Medical Equipment. 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 Medical Equipment 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 Medical Equipment's important profitability drivers and their relationship over time.
Use Medical Equipment 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 Medical Equipment 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 Medical Equipment will appreciate offsetting losses from the drop in the long position's value.Medical Equipment Pair Trading
Medical Equipment And Pair Trading Analysis
The ability to find closely correlated positions to Medical Equipment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medical Equipment 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 Medical Equipment - 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 Medical Equipment And to buy it.
The correlation of Medical Equipment 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 Medical Equipment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medical Equipment And 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 Medical Equipment 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 Medical Equipment position
In addition to having Medical Equipment 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 Pharmaceutical Products Thematic Idea Now
Pharmaceutical Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products 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 Pharmaceutical Products Theme or any other thematic opportunities.
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Other Information on Investing in Medical Mutual Fund
To fully project Medical Equipment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Medical Equipment And 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 Medical Equipment's income statement, its balance sheet, and the statement of cash flows.
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