Predex Funds Three Year Return vs. Last Dividend Paid
| PRDEX Fund | USD 23.40 0.00 0.00% |
For Predex Funds profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Predex Funds to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Predex Funds utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Predex Funds's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Predex Funds over time as well as its relative position and ranking within its peers.
Predex |
Predex Funds Last Dividend Paid vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Predex Funds's current stock value. Our valuation model uses many indicators to compare Predex Funds value to that of its competitors to determine the firm's financial worth. Predex Funds is rated below average in three year return among similar funds. It is rated top fund in last dividend paid 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 Predex Funds' earnings, one of the primary drivers of an investment's value.Predex Last Dividend Paid 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.
Predex Funds |
| = | (0.37) % |
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.
Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
Predex Funds |
| = | 0.28 |
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
Predex Last Dividend Paid Comparison
Predex Funds is currently under evaluation in last dividend paid among similar funds.
Predex Funds Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Predex Funds, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Predex Funds will eventually generate negative long term returns. The profitability progress is the general direction of Predex Funds' change in net profit over the period of time. It can combine multiple indicators of Predex Funds, 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.
Predex Funds is entity of United States. It is traded as Fund on NASDAQ exchange.
Predex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Predex Funds. 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 Predex Funds 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 Predex Funds' important profitability drivers and their relationship over time.
| Three Year Return vs Annual Yield | ||
| One Year Return vs Last Dividend Paid | ||
| Three Year Return vs Five Year Return |
Use Predex Funds 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 Predex Funds 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 Predex Funds will appreciate offsetting losses from the drop in the long position's value.Predex Funds Pair Trading
Predex Funds Pair Trading Analysis
The ability to find closely correlated positions to Predex Funds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Predex Funds 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 Predex Funds - 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 Predex Funds to buy it.
The correlation of Predex Funds 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 Predex Funds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Predex Funds 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 Predex Funds 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 Predex Funds position
In addition to having Predex Funds 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 Israel Wall Street Thematic Idea Now
Israel Wall Street
Cross-sector collection of best publicly traded Israel entities that are expected to continue growing. The Israel Wall Street theme has 71 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 Israel Wall Street Theme or any other thematic opportunities.
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Other Information on Investing in Predex Mutual Fund
To fully project Predex Funds' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Predex Funds 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 Predex Funds' income statement, its balance sheet, and the statement of cash flows.
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