Small Midcap Three Year Return vs. Five Year Return

PMDIX Fund  USD 18.64  0.20  1.08%   
Considering Small Midcap's profitability and operating efficiency indicators, Small Midcap Dividend Income may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Small Midcap's ability to earn profits and add value for shareholders.
For Small Midcap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Small Midcap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Small Midcap Dividend Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Small Midcap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Small Midcap Dividend Income over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Small Midcap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Small Midcap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Small Midcap's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Small Midcap Dividend Five Year Return vs. Three Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Small Midcap's current stock value. Our valuation model uses many indicators to compare Small Midcap value to that of its competitors to determine the firm's financial worth.
Small Midcap Dividend Income is rated top fund in three year return among similar funds. It also is rated top fund in five year return among similar funds reporting about  1.09  of Five Year Return per Three Year Return. 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 Small Midcap's earnings, one of the primary drivers of an investment's value.

Small Five Year Return vs. Three Year Return

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.

Small Midcap

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
8.09 %
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.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Small Midcap

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
8.83 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

Small Five Year Return Comparison

Small Midcap is currently under evaluation in five year return among similar funds.

Small Midcap Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Small Midcap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Small Midcap will eventually generate negative long term returns. The profitability progress is the general direction of Small Midcap's change in net profit over the period of time. It can combine multiple indicators of Small Midcap, 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 at least 80 percent of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities of companies with small-to-medium market capitalizations at the time of purchase. Its investments include the securities of foreign issuers and real estate investment trusts.

Small Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Small Midcap. 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 Small Midcap 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 Small Midcap's important profitability drivers and their relationship over time.

Use Small Midcap 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 Small Midcap 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 Small Midcap will appreciate offsetting losses from the drop in the long position's value.

Small Midcap Pair Trading

Small Midcap Dividend Income Pair Trading Analysis

The ability to find closely correlated positions to Small Midcap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Small Midcap 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 Small Midcap - 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 Small Midcap Dividend Income to buy it.
The correlation of Small Midcap 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 Small Midcap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Small Midcap Dividend 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 Small Midcap 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Small Midcap position

In addition to having Small Midcap 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 Mid Cap ETFs Thematic Idea Now

Mid Cap ETFs
Mid Cap ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Mid Cap ETFs theme has 70 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 Mid Cap ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Small Mutual Fund

To fully project Small Midcap's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Small Midcap Dividend 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 Small Midcap's income statement, its balance sheet, and the statement of cash flows.
Potential Small Midcap investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Small Midcap investors may work on each financial statement separately, they are all related. The changes in Small Midcap's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Small Midcap's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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