KINETICS GLOBAL Price to Earning vs. Five Year Return

For KINETICS GLOBAL profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KINETICS GLOBAL to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KINETICS GLOBAL FUND utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KINETICS GLOBAL's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KINETICS GLOBAL FUND over time as well as its relative position and ranking within its peers. Check out Your Current Watchlist.
  
Please note, there is a significant difference between KINETICS GLOBAL's value and its price as these two are different measures arrived at by different means. Investors typically determine KINETICS GLOBAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KINETICS GLOBAL's 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.

KINETICS GLOBAL FUND Five Year Return vs. Price to Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining KINETICS GLOBAL's current stock value. Our valuation model uses many indicators to compare KINETICS GLOBAL value to that of its competitors to determine the firm's financial worth.
KINETICS GLOBAL FUND is presently regarded as number one fund in price to earning among similar funds. It is presently regarded as number one fund in five year return among similar funds reporting about  0.33  of Five Year Return per Price to Earning. The ratio of Price to Earning to Five Year Return for KINETICS GLOBAL FUND is roughly  3.02 . Comparative valuation analysis is a catch-all model that can be used if you cannot value KINETICS GLOBAL by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for KINETICS GLOBAL'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 KINETICS GLOBAL's earnings, one of the primary drivers of an investment's value.

KINETICS Five Year Return vs. Price to Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
KINETICS GLOBAL 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
14.64 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
KINETICS GLOBAL 
Five Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
4.84 %
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.

KINETICS Five Year Return Comparison

KINETICS GLOBAL is currently under evaluation in five year return among similar funds.

KINETICS GLOBAL Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in KINETICS GLOBAL, profitability is also one of the essential criteria for including it into their portfolios because, without profit, KINETICS GLOBAL will eventually generate negative long term returns. The profitability progress is the general direction of KINETICS GLOBAL's change in net profit over the period of time. It can combine multiple indicators of KINETICS GLOBAL, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund is a diversified fund that invests all of its investable assets in the Global Portfolio, a series of Kinetics Portfolios Trust. Kinetics Global is traded on NASDAQ Exchange in the United States.

KINETICS Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on KINETICS GLOBAL. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of KINETICS GLOBAL position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the KINETICS GLOBAL's important profitability drivers and their relationship over time.

Use KINETICS GLOBAL 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 KINETICS GLOBAL 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 KINETICS GLOBAL will appreciate offsetting losses from the drop in the long position's value.

KINETICS GLOBAL Pair Trading

KINETICS GLOBAL FUND Pair Trading Analysis

The ability to find closely correlated positions to KINETICS GLOBAL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KINETICS GLOBAL 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 KINETICS GLOBAL - 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 KINETICS GLOBAL FUND to buy it.
The correlation of KINETICS GLOBAL is a statistical measure of how it moves in relation to other equities. 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 KINETICS GLOBAL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KINETICS GLOBAL FUND 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 KINETICS GLOBAL 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 KINETICS GLOBAL position

In addition to having KINETICS GLOBAL 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 Climate Change Thematic Idea Now

Climate Change
Climate Change Theme
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. The Climate Change theme has 34 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 Climate Change Theme or any other thematic opportunities.
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Check out Your Current Watchlist. Note that the KINETICS GLOBAL FUND information on this page should be used as a complementary analysis to other KINETICS GLOBAL'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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running KINETICS GLOBAL FUND price analysis, check to measure KINETICS GLOBAL's 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 KINETICS GLOBAL is operating at the current time. Most of KINETICS GLOBAL's value examination focuses on studying past and present price action to predict the probability of KINETICS GLOBAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move KINETICS GLOBAL's price. Additionally, you may evaluate how the addition of KINETICS GLOBAL to your portfolios can decrease your overall portfolio volatility.
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To fully project KINETICS GLOBAL's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of KINETICS GLOBAL FUND 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 KINETICS GLOBAL's income statement, its balance sheet, and the statement of cash flows.
Potential KINETICS GLOBAL investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although KINETICS GLOBAL investors may work on each financial statement separately, they are all related. The changes in KINETICS GLOBAL's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on KINETICS GLOBAL'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.