Comstock Capital Financial Statements From 2010 to 2024
COMVX Fund | USD 3.93 0.01 0.26% |
Check Comstock Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comstock main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Comstock financial statements analysis is a perfect complement when working with Comstock Capital Valuation or Volatility modules.
Comstock |
Comstock Capital Value Mutual Fund Annual Yield Analysis
Comstock Capital's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Comstock Capital Annual Yield | 0.02 % |
Most of Comstock Capital's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Comstock Capital Value is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Competition |
In accordance with the recently published financial statements, Comstock Capital Value has an Annual Yield of 0.0169%. This is much higher than that of the Gabelli family and significantly higher than that of the Trading--Inverse Equity category. The annual yield for all United States funds is notably lower than that of the firm.
Comstock Capital Value Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Comstock Capital's current stock value. Our valuation model uses many indicators to compare Comstock Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Comstock Capital competition to find correlations between indicators driving Comstock Capital's intrinsic value. More Info.Comstock Capital Value is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Comstock Capital Value is roughly 17.31 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Comstock Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Comstock Capital's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Comstock Capital's earnings, one of the primary drivers of an investment's value.About Comstock Capital Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Comstock Capital income statement, its balance sheet, and the statement of cash flows. Comstock Capital investors use historical funamental indicators, such as Comstock Capital's revenue or net income, to determine how well the company is positioned to perform in the future. Although Comstock Capital investors may use each financial statement separately, they are all related. The changes in Comstock Capital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Comstock Capital'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. We offer a historical overview of the basic patterns found on Comstock Capital Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Comstock Capital. Please read more on our technical analysis and fundamental analysis pages.
The fund follows a value oriented strategy and seeks to achieve its investment objective by investing in equity and debt securities, money market instruments, and derivatives. It may invest in, and may shift frequently among, a wide range of asset classes and market sectors. The fund may invest up to 65 percent of its assets in equity and debt securities of foreign issuers, including those in emerging markets. It may invest without limit in high yield debt securities, but currently the advisor intends to limit such investments to 35 percent of its assets.
Pair Trading with Comstock Capital
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 Comstock Capital 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 Comstock Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Comstock Mutual Fund
0.83 | GCFSX | Gabelli Global Financial | PairCorr |
0.84 | GCIEX | Gabelli Equity | PairCorr |
0.86 | EMAAX | Enterprise Mergers And | PairCorr |
0.67 | GGCIX | Gabelli Growth | PairCorr |
Moving against Comstock Mutual Fund
0.86 | GRZZX | Grizzly Short | PairCorr |
0.79 | PBRIX | Federated Prudent Bear | PairCorr |
0.79 | BEARX | Federated Prudent Bear | PairCorr |
0.79 | PBRCX | Federated Prudent Bear | PairCorr |
0.78 | RYURX | Inverse Sp 500 | PairCorr |
The ability to find closely correlated positions to Comstock Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comstock Capital 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 Comstock Capital - 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 Comstock Capital Value to buy it.
The correlation of Comstock Capital 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 Comstock Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comstock Capital Value 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 Comstock Capital 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.Check out the analysis of Comstock Capital Correlation against competitors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.