Grandeur Peak Five Year Return vs. Cash Position Weight

GPROX Fund  USD 16.51  0.16  0.96%   
Taking into consideration Grandeur Peak's profitability measurements, Grandeur Peak Global may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Grandeur Peak's ability to earn profits and add value for shareholders.
For Grandeur Peak profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grandeur Peak to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grandeur Peak Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grandeur Peak's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grandeur Peak Global over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Grandeur Peak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grandeur Peak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grandeur Peak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Grandeur Peak Global Cash Position Weight vs. Five Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Grandeur Peak's current stock value. Our valuation model uses many indicators to compare Grandeur Peak value to that of its competitors to determine the firm's financial worth.
Grandeur Peak Global is one of the top funds in five year return among similar funds. It also is one of the top funds in cash position weight among similar funds creating about  0.14  of Cash Position Weight per Five Year Return. The ratio of Five Year Return to Cash Position Weight for Grandeur Peak Global is roughly  7.14 . 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 Grandeur Peak's earnings, one of the primary drivers of an investment's value.

Grandeur Cash Position Weight vs. Five Year Return

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.

Grandeur Peak

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
6.42 %
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.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.

Grandeur Peak

Cash Percentage

 = 

% of Cash

in the fund

 = 
0.90 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.

Grandeur Cash Position Weight Comparison

Grandeur Peak is currently under evaluation in cash position weight among similar funds.

Grandeur Peak Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Grandeur Peak, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Grandeur Peak will eventually generate negative long term returns. The profitability progress is the general direction of Grandeur Peak's change in net profit over the period of time. It can combine multiple indicators of Grandeur Peak, 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 foreign and domestic small- and micro-cap companies. Under normal market conditions, the Adviser will invest the funds assets primarily in equity securities of foreign and domestic companies with market capitalizations of less than 5 billion at the time of purchase. The fund will typically invest in securities issued by companies economically tied to at least ten countries, including the United States.

Grandeur Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Grandeur Peak. 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 Grandeur Peak 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 Grandeur Peak's important profitability drivers and their relationship over time.

Use Grandeur Peak 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 Grandeur Peak 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 Grandeur Peak will appreciate offsetting losses from the drop in the long position's value.

Grandeur Peak Pair Trading

Grandeur Peak Global Pair Trading Analysis

The ability to find closely correlated positions to Grandeur Peak could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grandeur Peak 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 Grandeur Peak - 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 Grandeur Peak Global to buy it.
The correlation of Grandeur Peak 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 Grandeur Peak moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grandeur Peak Global 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 Grandeur Peak 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Grandeur Peak position

In addition to having Grandeur Peak 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 Silver Thematic Idea Now

Silver
Silver Theme
Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 45 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 Silver Theme or any other thematic opportunities.
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Other Information on Investing in Grandeur Mutual Fund

To fully project Grandeur Peak's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Grandeur Peak Global 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 Grandeur Peak's income statement, its balance sheet, and the statement of cash flows.
Potential Grandeur Peak investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Grandeur Peak investors may work on each financial statement separately, they are all related. The changes in Grandeur Peak's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Grandeur Peak's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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