Transamerica Multi Price To Sales vs. Price To Book
Considering the key profitability indicators obtained from Transamerica Multi's historical financial statements, Transamerica Multi Cap Growth 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 Transamerica Multi's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.
Please note, there is a significant difference between Transamerica Multi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transamerica Multi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transamerica Multi'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.
For Transamerica Multi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Transamerica Multi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Transamerica Multi Cap Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Transamerica Multi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Transamerica Multi Cap Growth over time as well as its relative position and ranking within its peers.
Transamerica |
Transamerica Multi Cap Price To Book vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Transamerica Multi's current stock value. Our valuation model uses many indicators to compare Transamerica Multi value to that of its competitors to determine the firm's financial worth. Transamerica Multi Cap Growth is currently considered the top fund in price to sales among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about 1.88 of Price To Book per Price To Sales. 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 Transamerica Multi's earnings, one of the primary drivers of an investment's value.Transamerica Price To Book vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 1.88 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Transamerica Multi |
| = | 3.54 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Transamerica Price To Book Comparison
Transamerica Multi is currently under evaluation in price to book among similar funds.
Transamerica Multi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Transamerica Multi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Transamerica Multi will eventually generate negative long term returns. The profitability progress is the general direction of Transamerica Multi's change in net profit over the period of time. It can combine multiple indicators of Transamerica Multi, 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 sub-adviser invests at least 80 percent of its net assets in equity securities of companies of any size. Transamerica Growth is traded on BATS Exchange in USA.
Transamerica Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Transamerica Multi. 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 Transamerica Multi 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 Transamerica Multi's important profitability drivers and their relationship over time.
Use Transamerica Multi 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 Transamerica Multi 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 Transamerica Multi will appreciate offsetting losses from the drop in the long position's value.Transamerica Multi Pair Trading
Transamerica Multi Cap Growth Pair Trading Analysis
The ability to find closely correlated positions to Alphabet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alphabet 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 Alphabet - 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 Alphabet Inc Class C to buy it.
The correlation of Alphabet 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 Alphabet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alphabet Class C 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 Alphabet 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 Transamerica Multi position
In addition to having Transamerica Multi 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 Strategy ETFs Thematic Idea Now
Strategy ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1286 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 Strategy ETFs Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Transamerica Mutual Fund
If you are still planning to invest in Transamerica Multi Cap check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Transamerica Multi's history and understand the potential risks before investing.
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