RNLC Three Year Return vs. One Year Return
| RNLCDelisted Etf | USD 33.30 0.10 0.30% |
For RNLC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RNLC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RNLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RNLC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RNLC over time as well as its relative position and ranking within its peers.
RNLC |
RNLC One Year Return vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining RNLC's current stock value. Our valuation model uses many indicators to compare RNLC value to that of its competitors to determine the firm's financial worth. RNLC is presently regarded as number one ETF in three year return as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 2.27 of One 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 RNLC's earnings, one of the primary drivers of an investment's value.RNLC One 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.
RNLC |
| = | 9.40 % |
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.
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.
RNLC |
| = | 21.30 % |
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.
RNLC One Year Return Comparison
RNLC is currently under evaluation in one year return as compared to similar ETFs.
RNLC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in RNLC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RNLC will eventually generate negative long term returns. The profitability progress is the general direction of RNLC's change in net profit over the period of time. It can combine multiple indicators of RNLC, 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 will normally invest at least 90 percent of its net assets in the common stocks and real estate investment trusts that comprise the index. Large Cap is traded on NASDAQ Exchange in the United States.
RNLC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on RNLC. 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 RNLC 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 RNLC's important profitability drivers and their relationship over time.
| Three Year Return vs Beta | ||
| Five Year Return vs One Year Return | ||
| Three Year Return vs Net Asset | ||
| Last Dividend Paid vs One Year Return | ||
| Three Year Return vs Equity Positions Weight |
Use RNLC 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 RNLC 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 RNLC will appreciate offsetting losses from the drop in the long position's value.RNLC Pair Trading
RNLC Pair Trading Analysis
The ability to find closely correlated positions to RNLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RNLC 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 RNLC - 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 RNLC to buy it.
The correlation of RNLC 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 RNLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RNLC 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 RNLC 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 RNLC position
In addition to having RNLC 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 Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks 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 Banks 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 etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in RNLC Etf
If you are still planning to invest in RNLC 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 RNLC's history and understand the potential risks before investing.
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