Wasatch Micro One Year Return vs. Net Asset
Considering Wasatch Micro's profitability and operating efficiency indicators, Wasatch Micro Cap 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 Wasatch Micro's ability to earn profits and add value for shareholders.
Check out Your Current Watchlist 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 real.
Please note, there is a significant difference between Wasatch Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wasatch Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wasatch Micro'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.
For Wasatch Micro profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wasatch Micro to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wasatch Micro Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wasatch Micro's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wasatch Micro Cap over time as well as its relative position and ranking within its peers.
Wasatch |
Wasatch Micro Cap Net Asset vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wasatch Micro's current stock value. Our valuation model uses many indicators to compare Wasatch Micro value to that of its competitors to determine the firm's financial worth. Wasatch Micro Cap is presently regarded as number one fund in one year return among similar funds. It also is presently regarded as number one fund in net asset among similar funds making up about 6,672,497 of Net Asset per One 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 Wasatch Micro's earnings, one of the primary drivers of an investment's value.Wasatch Net Asset vs. One Year Return
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.
Wasatch Micro |
| = | 45.28 % |
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.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Wasatch Micro |
| = | 302.11 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Wasatch Net Asset Comparison
Wasatch Micro is currently under evaluation in net asset among similar funds.
Wasatch Micro Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wasatch Micro, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wasatch Micro will eventually generate negative long term returns. The profitability progress is the general direction of Wasatch Micro's change in net profit over the period of time. It can combine multiple indicators of Wasatch Micro, 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.
It will invest at least 80 percent of the funds net assets in the equity securities of micro-capitalization companies. Wasatch Micro is traded on NASDAQ Exchange in the United States.
Wasatch Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wasatch Micro. 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 Wasatch Micro 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 Wasatch Micro's important profitability drivers and their relationship over time.
Use Wasatch Micro 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 Wasatch Micro 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 Wasatch Micro will appreciate offsetting losses from the drop in the long position's value.Wasatch Micro Pair Trading
Wasatch Micro Cap Pair Trading Analysis
The ability to find closely correlated positions to Apartment Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apartment Investment 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 Apartment Investment - 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 Apartment Investment and to buy it.
The correlation of Apartment Investment 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 Apartment Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apartment Investment and 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 Apartment Investment 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 Wasatch Micro position
In addition to having Wasatch Micro 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 Small & Mid Caps ETFs Thematic Idea Now
Small & Mid Caps ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small & Mid Caps ETFs theme has 19 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 Small & Mid Caps ETFs Theme or any other thematic opportunities.
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Check out Your Current Watchlist 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 real. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Tools for Wasatch Mutual Fund
When running Wasatch Micro's price analysis, check to measure Wasatch Micro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wasatch Micro is operating at the current time. Most of Wasatch Micro's value examination focuses on studying past and present price action to predict the probability of Wasatch Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wasatch Micro's price. Additionally, you may evaluate how the addition of Wasatch Micro to your portfolios can decrease your overall portfolio volatility.
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