United States Five Year Return vs. Price to Book

USL Etf  USD 39.48  0.12  0.30%   
Based on United States' profitability indicators, United States 12 may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in April. Profitability indicators assess United States' ability to earn profits and add value for shareholders.
For United States profitability analysis, we use financial ratios and fundamental drivers that measure the ability of United States to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well United States 12 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between United States's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of United States 12 over time as well as its relative position and ranking within its peers.
  
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The market value of United States 12 is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United States' market value can be influenced by many factors that don't directly affect United States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.

United States 12 Price to Book vs. Five Year Return Fundamental Analysis

United Price to Book vs. Five Year Return

Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

United States

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
11.80 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

United States

 = 
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Use United States 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 United States 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 United States will appreciate offsetting losses from the drop in the long position's value.

United States Pair Trading

United States 12 Pair Trading Analysis

The ability to find closely correlated positions to United States could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United States 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 United States - 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 United States 12 to buy it.
The correlation of United States 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 United States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United States 12 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 United States 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your United States position

In addition to having United States 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 Healthcare Thematic Idea Now

Healthcare
Healthcare Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 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 Healthcare Theme or any other thematic opportunities.
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When determining whether United States 12 is a strong investment it is important to analyze United States' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United States' future performance. For an informed investment choice regarding United Etf, refer to the following important reports:
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You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running United States' price analysis, check to measure United States' 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 United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.
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To fully project United States' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of United States 12 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 United States' income statement, its balance sheet, and the statement of cash flows.
Potential United States investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although United States investors may work on each financial statement separately, they are all related. The changes in United States's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on United States's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.