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Monetta Holdings Turnover vs. Holdings Turnover

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Relationship of Holdings Turnover to Price to Book for Monetta Young Investor

Monetta Young Investor is number one fund in holdings turnover among similar funds. It is rated below average in price to book among similar funds fabricating about 0.04 of Price to Book per Holdings Turnover. The ratio of Holdings Turnover to Price to Book for Monetta Young Investor is roughly 27.92

Holdings Turnover ( % )

Price to Book ( times )

Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the fund total holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.

Monetta

Holding Turnover

Year Cash Flow

Net Asset

100

61.70 %

Investor can think of Holding Turnover as percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.

Monetta

P/B

MV Per Share

BV Per Share

2.21 times

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.