Perritt Ultra Equity Positions Weight vs. One Year Return
| PREOXDelisted Fund | USD 15.63 0.00 0.00% |
For Perritt Ultra profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Perritt Ultra to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Perritt Ultra Microcap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Perritt Ultra's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Perritt Ultra Microcap over time as well as its relative position and ranking within its peers.
Perritt |
Perritt Ultra Microcap One Year Return vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Perritt Ultra's current stock value. Our valuation model uses many indicators to compare Perritt Ultra value to that of its competitors to determine the firm's financial worth. Perritt Ultra Microcap is rated top fund in equity positions weight among similar funds. It also is rated top fund in one year return among similar funds reporting about 0.18 of One Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to One Year Return for Perritt Ultra Microcap is roughly 5.59 . 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 Perritt Ultra's earnings, one of the primary drivers of an investment's value.Perritt One Year Return vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Perritt Ultra |
| = | 97.57 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Perritt Ultra |
| = | 17.46 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Perritt One Year Return Comparison
Perritt Ultra is currently under evaluation in one year return among similar funds.
Perritt Ultra Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Perritt Ultra, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Perritt Ultra will eventually generate negative long term returns. The profitability progress is the general direction of Perritt Ultra's change in net profit over the period of time. It can combine multiple indicators of Perritt Ultra, 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 net assets in the common stocks of United States companies with market capitalizations that are below 300 million at the time of initial purchase, which the funds investment adviser refers to as micro-cap companies. Perritt Ultra is traded on NASDAQ Exchange in the United States.
Perritt Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Perritt Ultra. 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 Perritt Ultra 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 Perritt Ultra's important profitability drivers and their relationship over time.
Use Perritt Ultra 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 Perritt Ultra 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 Perritt Ultra will appreciate offsetting losses from the drop in the long position's value.Perritt Ultra Pair Trading
Perritt Ultra Microcap Pair Trading Analysis
The ability to find closely correlated positions to Perritt Ultra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perritt Ultra 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 Perritt Ultra - 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 Perritt Ultra Microcap to buy it.
The correlation of Perritt Ultra 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 Perritt Ultra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perritt Ultra Microcap 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 Perritt Ultra 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 Perritt Ultra position
In addition to having Perritt Ultra 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?
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Stocks that have significantly increased in valuation since Trump was elected president of the United States. The Trump Equities theme has 42 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 Trump Equities Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Perritt Mutual Fund
If you are still planning to invest in Perritt Ultra Microcap check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Perritt Ultra's history and understand the potential risks before investing.
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