Siit Screened Three Year Return vs. Price to Earning
SSEAX Fund | USD 11.11 0.07 0.63% |
For Siit Screened profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Siit Screened to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Siit Screened World utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Siit Screened's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Siit Screened World over time as well as its relative position and ranking within its peers.
Siit |
Siit Screened World Price to Earning vs. Three Year Return Fundamental Analysis
Siit Price to Earning vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Siit Screened |
| = | 0.36 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Siit Screened | = | null |
Use Siit Screened 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 Siit Screened 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 Siit Screened will appreciate offsetting losses from the drop in the long position's value.Siit Screened Pair Trading
Siit Screened World Pair Trading Analysis
The ability to find closely correlated positions to Siit Screened could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Siit Screened 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 Siit Screened - 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 Siit Screened World to buy it.
The correlation of Siit Screened 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 Siit Screened moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Siit Screened World 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 Siit Screened 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 Siit Screened position
In addition to having Siit Screened 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 Cannabis Thematic Idea Now
Cannabis
Equities that are involved in production and delivery of legal cannabis. This theme is designed for investors that are willing to accept higher levels of market risk inherited by cannabis production and distribution globally. The Cannabis theme has 30 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 Cannabis Theme or any other thematic opportunities.
View All Next | Launch |
Check out World Market Map. Note that the Siit Screened World information on this page should be used as a complementary analysis to other Siit Screened's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
To fully project Siit Screened's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Siit Screened World 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 Siit Screened's income statement, its balance sheet, and the statement of cash flows.