Massmutual Retiresmart Price To Book vs. Three Year Return
| MRYTX Fund | USD 11.46 0.05 0.44% |
For Massmutual Retiresmart profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Massmutual Retiresmart to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Massmutual Retiresmart 2030 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Massmutual Retiresmart's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Massmutual Retiresmart 2030 over time as well as its relative position and ranking within its peers.
Massmutual |
Massmutual Retiresmart Three Year Return vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Massmutual Retiresmart's current stock value. Our valuation model uses many indicators to compare Massmutual Retiresmart value to that of its competitors to determine the firm's financial worth. Massmutual Retiresmart 2030 is number one fund in price to book among similar funds. It also is number one fund in three year return among similar funds reporting about 1.45 of Three Year Return per Price To Book. 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 Massmutual Retiresmart's earnings, one of the primary drivers of an investment's value.Massmutual Three Year Return vs. Price To Book
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.
Massmutual Retiresmart |
| = | 1.90 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.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Massmutual Retiresmart |
| = | 2.76 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Massmutual Three Year Return Comparison
Massmutual Retiresmart is currently under evaluation in three year return among similar funds.
Massmutual Retiresmart Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Massmutual Retiresmart, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Massmutual Retiresmart will eventually generate negative long term returns. The profitability progress is the general direction of Massmutual Retiresmart's change in net profit over the period of time. It can combine multiple indicators of Massmutual Retiresmart, 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 fund of funds that seeks to achieve its investment objective by investing in a combination of U.S. domestic and international mutual funds using an asset allocation strategy designed for investors who plan to retire around the year 2030 and then withdraw their investment in the fund over time throughout retirement.
Massmutual Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Massmutual Retiresmart. 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 Massmutual Retiresmart 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 Massmutual Retiresmart's important profitability drivers and their relationship over time.
Use Massmutual Retiresmart 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 Massmutual Retiresmart 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 Massmutual Retiresmart will appreciate offsetting losses from the drop in the long position's value.Massmutual Retiresmart Pair Trading
Massmutual Retiresmart 2030 Pair Trading Analysis
The ability to find closely correlated positions to Massmutual Retiresmart could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Massmutual Retiresmart 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 Massmutual Retiresmart - 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 Massmutual Retiresmart 2030 to buy it.
The correlation of Massmutual Retiresmart 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 Massmutual Retiresmart moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Massmutual Retiresmart 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 Massmutual Retiresmart 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 Massmutual Retiresmart position
In addition to having Massmutual Retiresmart 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 Banks - Regional Thematic Idea Now
Banks - Regional
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 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 Banks - Regional Theme or any other thematic opportunities.
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Other Information on Investing in Massmutual Mutual Fund
To fully project Massmutual Retiresmart's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Massmutual Retiresmart 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 Massmutual Retiresmart's income statement, its balance sheet, and the statement of cash flows.
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