Short Term Three Year Return vs. Ten Year Return
| PSHIX Fund | USD 11.96 0.01 0.08% |
For Short Term profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Short Term to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Short Term Income Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Short Term's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Short Term Income Fund over time as well as its relative position and ranking within its peers.
Short |
Short Term Income Ten Year Return vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Short Term's current stock value. Our valuation model uses many indicators to compare Short Term value to that of its competitors to determine the firm's financial worth. Short Term Income Fund is rated top fund in three year return among similar funds. It also is rated top fund in ten year return among similar funds reporting about 1.08 of Ten 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 Short Term's earnings, one of the primary drivers of an investment's value.Short Ten 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.
Short Term |
| = | 2.32 % |
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.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Short Term |
| = | 2.51 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Short Ten Year Return Comparison
Short Term is currently under evaluation in ten year return among similar funds.
Short Term Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Short Term, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Short Term will eventually generate negative long term returns. The profitability progress is the general direction of Short Term's change in net profit over the period of time. It can combine multiple indicators of Short Term, 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 primarily in high quality short-term bonds and other fixed-income securities that, at the time of purchase, are rated BBB- or higher by SP Global or Baa3 or higher by Moodys. It maintains an effective maturity of five years or less and an average portfolio duration that is within 30 percent of the duration of the Bloomberg Credit 1-3 Year Index.
Short Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Short Term. 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 Short Term 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 Short Term's important profitability drivers and their relationship over time.
Use Short Term 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 Short Term 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 Short Term will appreciate offsetting losses from the drop in the long position's value.Short Term Pair Trading
Short Term Income Fund Pair Trading Analysis
The ability to find closely correlated positions to Short Term could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Short Term 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 Short Term - 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 Short Term Income Fund to buy it.
The correlation of Short Term 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 Short Term moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Short Term Income 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 Short Term 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 Short Term position
In addition to having Short Term 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 Aircraft Thematic Idea Now
Aircraft
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 44 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 Aircraft Theme or any other thematic opportunities.
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Other Information on Investing in Short Mutual Fund
To fully project Short Term's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Short Term Income 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 Short Term's income statement, its balance sheet, and the statement of cash flows.
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