Paydenkravitz Cash Year To Date Return vs. Price To Book
| PKCBX Fund | USD 10.34 0.02 0.19% |
For Paydenkravitz Cash profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Paydenkravitz Cash to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Paydenkravitz Cash Balance utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Paydenkravitz Cash's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Paydenkravitz Cash Balance over time as well as its relative position and ranking within its peers.
Paydenkravitz |
Paydenkravitz Cash Price To Book vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Paydenkravitz Cash's current stock value. Our valuation model uses many indicators to compare Paydenkravitz Cash value to that of its competitors to determine the firm's financial worth. Paydenkravitz Cash Balance is rated top fund in year to date return among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.62 of Price To Book per Year To Date Return. The ratio of Year To Date Return to Price To Book for Paydenkravitz Cash Balance is roughly 1.60 . 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 Paydenkravitz Cash's earnings, one of the primary drivers of an investment's value.Paydenkravitz Price To Book vs. Year To Date Return
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.
Paydenkravitz Cash |
| = | 7.61 % |
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.
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.
Paydenkravitz Cash |
| = | 4.75 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.
Paydenkravitz Price To Book Comparison
Paydenkravitz Cash is currently under evaluation in price to book among similar funds.
Paydenkravitz Cash Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Paydenkravitz Cash, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Paydenkravitz Cash will eventually generate negative long term returns. The profitability progress is the general direction of Paydenkravitz Cash's change in net profit over the period of time. It can combine multiple indicators of Paydenkravitz Cash, 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 designed as an investment vehicle for cash balance pension plans. It seeks to earn a total return, net of fees and expenses, that is equivalent to the interest crediting rate established by the Internal Revenue Service for cash balance pension plans using the 30-year U.S. Treasury Bond Yield. The fund seeks to earn this rate each calendar year. It invests in a wide variety of debt instruments and income-producing securities.
Paydenkravitz Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Paydenkravitz Cash. 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 Paydenkravitz Cash 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 Paydenkravitz Cash's important profitability drivers and their relationship over time.
Use Paydenkravitz Cash 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 Paydenkravitz Cash 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 Paydenkravitz Cash will appreciate offsetting losses from the drop in the long position's value.Paydenkravitz Cash Pair Trading
Paydenkravitz Cash Balance Pair Trading Analysis
The ability to find closely correlated positions to Paydenkravitz Cash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paydenkravitz Cash 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 Paydenkravitz Cash - 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 Paydenkravitz Cash Balance to buy it.
The correlation of Paydenkravitz Cash 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 Paydenkravitz Cash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paydenkravitz Cash 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 Paydenkravitz Cash 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 Paydenkravitz Cash position
In addition to having Paydenkravitz Cash 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 Global Macro ETFs Thematic Idea Now
Global Macro ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 26 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 Global Macro ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Paydenkravitz Mutual Fund
To fully project Paydenkravitz Cash's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Paydenkravitz Cash 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 Paydenkravitz Cash's income statement, its balance sheet, and the statement of cash flows.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |