Global Multi-strategy Net Asset vs. Year To Date Return
| PGLSX Fund | USD 11.37 0.02 0.18% |
For Global Multi-strategy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Multi-strategy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Multi Strategy Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Multi-strategy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Multi Strategy Fund over time as well as its relative position and ranking within its peers.
Global |
Global Multi Strategy Year To Date Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Global Multi-strategy's current stock value. Our valuation model uses many indicators to compare Global Multi-strategy value to that of its competitors to determine the firm's financial worth. Global Multi Strategy Fund is rated top fund in net asset among similar funds. It also is rated top fund in year to date return among similar funds . The ratio of Net Asset to Year To Date Return for Global Multi Strategy Fund is about 282,995,464 . 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 Global Multi-strategy's earnings, one of the primary drivers of an investment's value.Global Year To Date 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.
Global Multi-strategy |
| = | 2.59 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.
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.
Global Multi-strategy |
| = | 9.13 % |
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.
Global Year To Date Return Comparison
Global Multi is currently under evaluation in year to date return among similar funds.
Global Multi-strategy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Global Multi-strategy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Global Multi-strategy will eventually generate negative long term returns. The profitability progress is the general direction of Global Multi-strategy's change in net profit over the period of time. It can combine multiple indicators of Global Multi-strategy, 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 invests in a broad range of instruments including, but not limited to, equities, bonds, currencies, commodities, convertible securities, and bank loans. Under normal market conditions, it invests in securities of issuers located throughout the world, including the U.S., invests at least 30 percent of its net assets in foreign and emerging market securities, and holds investments tied economically to at least twenty countries.
Global Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Global Multi-strategy. 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 Global Multi-strategy 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 Global Multi-strategy's important profitability drivers and their relationship over time.
Use Global Multi-strategy 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 Global Multi-strategy 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 Global Multi-strategy will appreciate offsetting losses from the drop in the long position's value.Global Multi-strategy Pair Trading
Global Multi Strategy Fund Pair Trading Analysis
The ability to find closely correlated positions to Global Multi-strategy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Multi-strategy 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 Global Multi-strategy - 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 Global Multi Strategy Fund to buy it.
The correlation of Global Multi-strategy 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 Global Multi-strategy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Multi Strategy 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 Global Multi-strategy 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 Global Multi-strategy position
In addition to having Global Multi-strategy 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 38 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 Railroads Theme or any other thematic opportunities.
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Other Information on Investing in Global Mutual Fund
To fully project Global Multi-strategy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Global Multi Strategy 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 Global Multi-strategy's income statement, its balance sheet, and the statement of cash flows.
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