Kinetics Paradigm One Year Return vs. Price To Sales
| KNPYX Fund | USD 149.86 0.33 0.22% |
For Kinetics Paradigm profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kinetics Paradigm to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kinetics Paradigm Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kinetics Paradigm's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kinetics Paradigm Fund over time as well as its relative position and ranking within its peers.
Kinetics |
Kinetics Paradigm Price To Sales vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kinetics Paradigm's current stock value. Our valuation model uses many indicators to compare Kinetics Paradigm value to that of its competitors to determine the firm's financial worth. Kinetics Paradigm Fund is currently considered the top fund in one year return among similar funds. It also is currently considered the top fund in price to sales among similar funds fabricating about 0.01 of Price To Sales per One Year Return. The ratio of One Year Return to Price To Sales for Kinetics Paradigm Fund is roughly 76.92 . 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 Kinetics Paradigm's earnings, one of the primary drivers of an investment's value.Kinetics Price To Sales vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Kinetics Paradigm |
| = | 100.00 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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.
Kinetics Paradigm |
| = | 1.30 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.
Kinetics Price To Sales Comparison
Kinetics Paradigm is currently under evaluation in price to sales among similar funds.
Kinetics Paradigm Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kinetics Paradigm, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kinetics Paradigm will eventually generate negative long term returns. The profitability progress is the general direction of Kinetics Paradigm's change in net profit over the period of time. It can combine multiple indicators of Kinetics Paradigm, 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 is a non-diversified fund that invests all of its investable assets in the Paradigm Portfolio, a series of Kinetics Portfolios Trust. The Paradigm Portfolio invests at least 65 percent of its net assets in common stocks, ETFs, convertible securities, warrants, and other equity securities having the characteristics of common stocks , Global Depositary Receipts and International Depositary Receipts of U.S. and foreign companies that the Investment Adviser believes are undervalued. The fund is non-diversified.
Kinetics Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kinetics Paradigm. 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 Kinetics Paradigm 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 Kinetics Paradigm's important profitability drivers and their relationship over time.
Use Kinetics Paradigm 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 Kinetics Paradigm 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 Kinetics Paradigm will appreciate offsetting losses from the drop in the long position's value.Kinetics Paradigm Pair Trading
Kinetics Paradigm Fund Pair Trading Analysis
The ability to find closely correlated positions to Kinetics Paradigm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinetics Paradigm 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 Kinetics Paradigm - 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 Kinetics Paradigm Fund to buy it.
The correlation of Kinetics Paradigm 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 Kinetics Paradigm moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinetics Paradigm 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 Kinetics Paradigm 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 Kinetics Paradigm position
In addition to having Kinetics Paradigm 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 Utilities Thematic Idea Now
Utilities
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 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 Utilities Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Kinetics Mutual Fund
To fully project Kinetics Paradigm's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kinetics Paradigm 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 Kinetics Paradigm's income statement, its balance sheet, and the statement of cash flows.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |