Filter Stocks by Fundamentals
Asset symbol is not found or was delisted
Indicator Description
Year to Date Return In A Nutshell
A more reliable light to use this in is with fundamental analysis because that will shed light on the reasons for the returns being the way they are. You can take a look at items such as earnings per share or revenue to gauge why the year to date return is what it is. Now if you apply this to a technical chart, you may not get the same results. Yes, you can look at historical data and movements, but it doesn’t explain why those movements occurred.
When looking at equities and other return metrics, a popular one many glance as is year to date returns, which is exactly what is says. Year to date returns is quick measurement that you can compare against others across the board. This data point in itself provides value, but it should not be relied upon because it does not tell the whole story. The year to date returns could be slowed or lower for reasons such as acquisition costs hit, which for the short term appears bad but the long term it appears great.
Closer Look at Year to Date Return
Overall, this is a useful tool to begin you search and see what is out there, but it may not be the best decision to put a lot of weight into it. Let it be a filter to identify what is worth you time and go from there. Fundamental analysis with this tool would work the best, giving you the most well rounded answer. If you get stuck and need some help with anything, reach out to an investing and trading community and ask for opinions, that way you can see how it is actually being applied in the finance world.
Other Suggestions
E | Eni SpA ADR | Company |
EFSCP | Enterprise Financial Services | Company |
EAD | Allspring Income Opportunities | Fund |
EU | enCore Energy Corp | ETF |
EVZ | CBOE Euro Currency | Index |
EM | EM | Cryptocurrency |
ESUSD | E Mini SP 500 | Commodity |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
LTC | Litecoin | |
STETH | Staked Ether | |
LINK | Chainlink | |
XLM | Stellar | |
CRO | Cronos |
Generate Optimal Portfolios
Other Complementary Tools
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |