Johnson Municipal Cash Position Weight vs. Year To Date Return
| JMUNX Fund | USD 16.63 0.01 0.06% |
For Johnson Municipal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Johnson Municipal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Johnson Municipal Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Johnson Municipal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Johnson Municipal Income over time as well as its relative position and ranking within its peers.
Johnson |
Johnson Municipal Income Year To Date Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Johnson Municipal's current stock value. Our valuation model uses many indicators to compare Johnson Municipal value to that of its competitors to determine the firm's financial worth. Johnson Municipal Income is currently considered the top fund in cash position weight among similar funds. It also is currently considered the top fund in year to date return among similar funds creating about 0.93 of Year To Date Return per Cash Position Weight. The ratio of Cash Position Weight to Year To Date Return for Johnson Municipal Income is roughly 1.08 . 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 Johnson Municipal's earnings, one of the primary drivers of an investment's value.Johnson Year To Date 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.
Johnson Municipal |
| = | 2.46 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Johnson Municipal |
| = | 2.28 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Johnson Year To Date Return Comparison
Johnson Municipal is currently under evaluation in year to date return among similar funds.
Johnson Municipal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Johnson Municipal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Johnson Municipal will eventually generate negative long term returns. The profitability progress is the general direction of Johnson Municipal's change in net profit over the period of time. It can combine multiple indicators of Johnson Municipal, 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 will invest at least 80 percent of its net assets, plus any amount for borrowing, in investment grade municipal securities, the income from which is exempt from regular federal income tax. It does not limit itself to securities of a particular maturity range, however, a majority of its assets will typically be invested in intermediate to long-term maturities .
Johnson Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Johnson Municipal. 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 Johnson Municipal 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 Johnson Municipal's important profitability drivers and their relationship over time.
Use Johnson Municipal 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 Johnson Municipal 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 Johnson Municipal will appreciate offsetting losses from the drop in the long position's value.Johnson Municipal Pair Trading
Johnson Municipal Income Pair Trading Analysis
The ability to find closely correlated positions to Johnson Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Johnson Municipal 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 Johnson Municipal - 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 Johnson Municipal Income to buy it.
The correlation of Johnson Municipal 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 Johnson Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Johnson Municipal Income 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 Johnson Municipal 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 Johnson Municipal position
In addition to having Johnson Municipal 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 Copper Thematic Idea Now
Copper
Companies involved in production of copper. The Copper theme has 47 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 Copper Theme or any other thematic opportunities.
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Other Information on Investing in Johnson Mutual Fund
To fully project Johnson Municipal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Johnson Municipal Income 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 Johnson Municipal's income statement, its balance sheet, and the statement of cash flows.
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