Qs Global Equity Fund Net Asset
CFIPX Fund | USD 22.83 0.06 0.26% |
Qs Global Equity fundamentals help investors to digest information that contributes to Qs Global's financial success or failures. It also enables traders to predict the movement of CFIPX Mutual Fund. The fundamental analysis module provides a way to measure Qs Global'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 Qs Global mutual fund.
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Qs Global Equity Mutual Fund Net Asset Analysis
Qs Global's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Qs Global Net Asset | 220.46 M |
Most of Qs Global's fundamental indicators, such as Net Asset, 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, Qs Global Equity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Qs Global Equity has a Net Asset of 220.46 M. This is 94.2% lower than that of the Franklin Templeton Investments family and significantly higher than that of the World Large-Stock Blend category. The net asset for all United States funds is notably lower than that of the firm.
CFIPX Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Qs Global's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Qs Global could also be used in its relative valuation, which is a method of valuing Qs Global by comparing valuation metrics of similar companies.Qs Global is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Qs Global
The fund invests 99.34% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.66%) .Asset allocation divides Qs Global'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.
CFIPX Fundamentals
Price To Earning | 13.93 X | |||
Price To Book | 1.88 X | |||
Price To Sales | 1.06 X | |||
Total Asset | 177.93 M | |||
Annual Yield | 0.01 % | |||
Year To Date Return | 11.59 % | |||
One Year Return | 28.78 % | |||
Three Year Return | 7.35 % | |||
Five Year Return | 12.25 % | |||
Ten Year Return | 9.26 % | |||
Net Asset | 220.46 M | |||
Cash Position Weight | 0.66 % | |||
Equity Positions Weight | 99.34 % |
About Qs Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Qs Global Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qs Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qs Global Equity 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.
Pair Trading with Qs Global
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 Qs 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 Qs Global will appreciate offsetting losses from the drop in the long position's value.Moving together with CFIPX Mutual Fund
0.8 | FCWGX | American Funds Capital | PairCorr |
0.98 | FWCGX | American Funds Capital | PairCorr |
0.98 | CWGIX | Capital World Growth | PairCorr |
0.98 | CWGFX | Capital World Growth | PairCorr |
0.8 | CWGCX | Capital World Growth | PairCorr |
The ability to find closely correlated positions to Qs 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 Qs 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 Qs 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 Qs Global Equity to buy it.
The correlation of Qs Global 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 Qs Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qs Global Equity 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 Qs 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qs Global Equity. 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 american community survey. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.