Gnma Fund Net Asset vs. Three Year Return
| PAGNX Fund | USD 9.27 0.03 0.32% |
For Gnma Fund profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gnma Fund to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gnma Fund A utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gnma Fund's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gnma Fund A over time as well as its relative position and ranking within its peers.
Gnma |
Gnma Fund A Three Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gnma Fund's current stock value. Our valuation model uses many indicators to compare Gnma Fund value to that of its competitors to determine the firm's financial worth. Gnma Fund A is rated top fund in net asset among similar funds. It also is rated top fund in three year return among similar funds . 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 Gnma Fund's earnings, one of the primary drivers of an investment's value.Gnma Three Year Return vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Gnma Fund |
| = | 1.32 B |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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.
Gnma Fund |
| = | (1.81) % |
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.
Gnma Three Year Return Comparison
Gnma Fund is currently under evaluation in three year return among similar funds.
Gnma Fund Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gnma Fund, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gnma Fund will eventually generate negative long term returns. The profitability progress is the general direction of Gnma Fund's change in net profit over the period of time. It can combine multiple indicators of Gnma Fund, 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 normally invests at least 80 percent of its assets in a diversified portfolio of securities of varying maturities issued by the GNMA, and of securities issued or guaranteed by the U.S. government, its agencies or government-sponsored enterprises, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities.
Gnma Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gnma Fund. 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 Gnma Fund 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 Gnma Fund's important profitability drivers and their relationship over time.
Use Gnma Fund 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 Gnma Fund 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 Gnma Fund will appreciate offsetting losses from the drop in the long position's value.Gnma Fund Pair Trading
Gnma Fund A Pair Trading Analysis
The ability to find closely correlated positions to Gnma Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gnma Fund 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 Gnma Fund - 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 Gnma Fund A to buy it.
The correlation of Gnma Fund 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 Gnma Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gnma Fund A 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 Gnma Fund 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 Gnma Fund position
In addition to having Gnma Fund 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 SRI Sustainable Growth Thematic Idea Now
SRI Sustainable Growth
Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact. The SRI Sustainable Growth 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 SRI Sustainable Growth Theme or any other thematic opportunities.
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Other Information on Investing in Gnma Mutual Fund
To fully project Gnma Fund's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gnma Fund A 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 Gnma Fund's income statement, its balance sheet, and the statement of cash flows.
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