Heritage Fund R6 Fund One Year Return
| ATHDX Fund | USD 21.25 0.53 1.21% |
Heritage Fund R6 fundamentals help investors to digest information that contributes to Heritage Fund's financial success or failures. It also enables traders to predict the movement of Heritage Mutual Fund. The fundamental analysis module provides a way to measure Heritage Fund's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Heritage Fund mutual fund.
Heritage |
Heritage Fund R6 Mutual Fund One Year Return Analysis
Heritage Fund's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Heritage Fund One Year Return | 26.01 % |
Most of Heritage Fund's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heritage Fund R6 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Heritage Fund R6 has an One Year Return of 26.0058%. This is 7128.59% lower than that of the American Century Investments family and significantly higher than that of the Mid-Cap Growth category. The one year return for all United States funds is notably lower than that of the firm.
Heritage One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heritage Fund's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Heritage Fund could also be used in its relative valuation, which is a method of valuing Heritage Fund by comparing valuation metrics of similar companies.Heritage Fund is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Heritage Fund
The fund consists of 98.09% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Heritage Fund's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Heritage Fundamentals
| Total Asset | 5.18 B | ||||
| Year To Date Return | 11.37 % | ||||
| One Year Return | 26.01 % | ||||
| Three Year Return | 3.23 % | ||||
| Five Year Return | 11.40 % | ||||
| Ten Year Return | 12.91 % | ||||
| Net Asset | 5.04 B | ||||
| Cash Position Weight | 1.91 % | ||||
| Equity Positions Weight | 98.09 % |
About Heritage Fund Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heritage Fund R6's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heritage Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heritage Fund R6 based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heritage Fund R6. 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 unemployment. Note that the Heritage Fund R6 information on this page should be used as a complementary analysis to other Heritage Fund'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.