DNB OBX Ten Year Return vs. Five Year Return

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

DNB OBX Five Year Return vs. Ten Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining DNB OBX's current stock value. Our valuation model uses many indicators to compare DNB OBX value to that of its competitors to determine the firm's financial worth.
DNB OBX is rated number one ETF in ten year return as compared to similar ETFs. It is rated number one ETF in five year return as compared to similar ETFs reporting about  1.39  of Five Year Return per Ten Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value DNB OBX by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DNB OBX's Etf . 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 DNB OBX's earnings, one of the primary drivers of an investment's value.

DNB OBX Five Year Return vs. Ten Year Return

Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
DNB OBX 
Ten Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
8.39 %
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
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.
DNB OBX 
Five Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
11.65 %
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.

DNB OBX Five Year Return Comparison

DNB OBX is currently under evaluation in five year return as compared to similar ETFs.

DNB OBX Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in DNB OBX, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DNB OBX will eventually generate negative long term returns. The profitability progress is the general direction of DNB OBX's change in net profit over the period of time. It can combine multiple indicators of DNB OBX, 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 has a passive investment strategy, which involves copying the composition and yield of the OBX index as closely as possible. OBXEDNB is traded on Oslo Stock Exchange in Norway.

DNB OBX Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on DNB OBX. 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 DNB OBX 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 DNB OBX's important profitability drivers and their relationship over time.

Use DNB OBX 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 DNB OBX 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 DNB OBX will appreciate offsetting losses from the drop in the long position's value.

DNB OBX Pair Trading

DNB OBX Pair Trading Analysis

The ability to find closely correlated positions to Automatic Data could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Automatic Data 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 Automatic Data - 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 Automatic Data Processing to buy it.
The correlation of Automatic Data 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 Automatic Data moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Automatic Data Processing 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 Automatic Data 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 DNB OBX position

In addition to having DNB OBX 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 ESG Investing Thematic Idea Now

ESG Investing
ESG Investing Theme
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 49 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 ESG Investing Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Tools for DNB OBX Etf

When running DNB OBX price analysis, check to measure DNB OBX'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 DNB OBX is operating at the current time. Most of DNB OBX's value examination focuses on studying past and present price action to predict the probability of DNB OBX's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DNB OBX's price. Additionally, you may evaluate how the addition of DNB OBX to your portfolios can decrease your overall portfolio volatility.
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