Toews Tactical Financials
| THHYX Fund | USD 9.91 0.02 0.20% |
Toews |
Please note that past performance is not an indicator of the future performance of Toews Tactical, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Toews Tactical Fund Summary
Toews Tactical competes with Siit Emerging, Pnc Emerging, Ep Emerging, Rbc Emerging, and Locorr Market. The funds adviser seeks to achieve its investment objectives by investing primarily in ETFs and open-end investment companies that primarily invest in or are otherwise exposed to domestic and foreign high-yield debt instruments futures total return swaps or credit default swaps other U.S. or foreign fixed-income securities of any rating iBoxx IShares High Yield Corporate Bond Futures contracts or other futures contracts and U.S. or foreign cash equivalents. Toews Tactical is traded on NASDAQ Exchange in the United States.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US66537V6175 |
| Business Address | Northern Lights |
| Mutual Fund Family | Toews Funds |
| Mutual Fund Category | Nontraditional Bond |
| Benchmark | NYSE Composite |
| Phone | 877 558 6397 |
| Currency | USD - US Dollar |
You should never invest in Toews Tactical Income without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Toews Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Toews Tactical's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Toews Tactical Key Financial Ratios
Generally speaking, Toews Tactical's financial ratios allow both analysts and investors to convert raw data from Toews Tactical's financial statements into concise, actionable information that can be used to evaluate the performance of Toews Tactical over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Toews Tactical Me reports annually and quarterly.Toews Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Toews Tactical's current stock value. Our valuation model uses many indicators to compare Toews Tactical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Toews Tactical competition to find correlations between indicators driving Toews Tactical's intrinsic value. More Info.Toews Tactical Income is rated top fund in price to earning among similar funds. It is rated top fund in price to book among similar funds fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Toews Tactical Income is roughly 21.22 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Toews Tactical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Toews Tactical'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 Toews Tactical's earnings, one of the primary drivers of an investment's value.Toews Tactical Me Systematic Risk
Toews Tactical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Toews Tactical volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Toews Tactical Me correlated with the market. If Beta is less than 0 Toews Tactical generally moves in the opposite direction as compared to the market. If Toews Tactical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Toews Tactical Me is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Toews Tactical is generally in the same direction as the market. If Beta > 1 Toews Tactical moves generally in the same direction as, but more than the movement of the benchmark.
Toews Tactical May 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Toews Tactical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Toews Tactical Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Toews Tactical Income based on widely used predictive technical indicators. In general, we focus on analyzing Toews Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Toews Tactical's daily price indicators and compare them against related drivers.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 1.01 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.303 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toews Tactical Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.