Hodges Small Five Year Return vs. Price To Earning
| HDPSX Fund | USD 21.11 0.27 1.26% |
For Hodges Small profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hodges Small to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hodges Small Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hodges Small's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hodges Small Cap over time as well as its relative position and ranking within its peers.
Hodges |
Hodges Small Cap Price To Earning vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hodges Small's current stock value. Our valuation model uses many indicators to compare Hodges Small value to that of its competitors to determine the firm's financial worth. Hodges Small Cap is one of the top funds in five year return among similar funds. It also is one of the top funds in price to earning among similar funds reporting about 1.42 of Price To Earning per Five 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 Hodges Small's earnings, one of the primary drivers of an investment's value.Hodges Price To Earning 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.
Hodges Small |
| = | 13.91 % |
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.
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.
Hodges Small |
| = | 19.80 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.
Hodges Price To Earning Comparison
Hodges Small is currently under evaluation in price to earning among similar funds.
Hodges Small Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hodges Small, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hodges Small will eventually generate negative long term returns. The profitability progress is the general direction of Hodges Small's change in net profit over the period of time. It can combine multiple indicators of Hodges Small, 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.
Under normal market conditions, the fund invests at least 80 percent of its net assets in the stocks of small capitalization companies. The adviser defines small cap companies as those whose market capitalization, at the time of purchase, are consistent with the market capitalizations of companies in the Russell 2000 Index.
Hodges Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hodges Small. 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 Hodges Small 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 Hodges Small's important profitability drivers and their relationship over time.
Use Hodges Small 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 Hodges Small 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 Hodges Small will appreciate offsetting losses from the drop in the long position's value.Hodges Small Pair Trading
Hodges Small Cap Pair Trading Analysis
The ability to find closely correlated positions to Hodges Small could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hodges Small 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 Hodges Small - 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 Hodges Small Cap to buy it.
The correlation of Hodges Small 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 Hodges Small moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hodges Small 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 Hodges Small 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 Hodges Small position
In addition to having Hodges Small 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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Other Information on Investing in Hodges Mutual Fund
To fully project Hodges Small's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hodges Small 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 Hodges Small's income statement, its balance sheet, and the statement of cash flows.
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