PINNACLE SHERMAN Financial Statements From 2010 to 2023
| APSHX Fund | USD 10.95 0.03 0.27% |
Check PINNACLE SHERMAN financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PINNACLE main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . PINNACLE financial statements analysis is a perfect complement when working with PINNACLE SHERMAN Valuation or Volatility modules.
PINNACLE |
PINNACLE Equity Positions Weight Analysis
PINNACLE SHERMAN's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | | in the fund |
Current PINNACLE SHERMAN Equity Positions Weight | 49.15 % |
Most of PINNACLE SHERMAN's fundamental indicators, such as Equity Positions Weight, 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, PINNACLE SHERMAN MULTI STRATEGY is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
PINNACLE SHERMAN Equity Positions Weight Component Assessment
According to the company disclosure, PINNACLE SHERMAN MULTI STRATEGY has an Equity Positions Weight of 49.15%. This is much higher than that of the Pinnacle family and significantly higher than that of the Tactical Allocation category. The equity positions weight for all United States funds is notably lower than that of the firm.
PINNACLE SHERMAN MUL Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PINNACLE SHERMAN's current stock value. Our valuation model uses many indicators to compare PINNACLE SHERMAN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PINNACLE SHERMAN competition to find correlations between indicators driving PINNACLE SHERMAN's intrinsic value. More Info.PINNACLE SHERMAN MULTI STRATEGY is the top fund in cash position weight among similar funds. It is the top fund in equity positions weight among similar funds making about 0.97 of Equity Positions Weight per Cash Position Weight. The ratio of Cash Position Weight to Equity Positions Weight for PINNACLE SHERMAN MULTI STRATEGY is roughly 1.03 . Comparative valuation analysis is a catch-all model that can be used if you cannot value PINNACLE SHERMAN by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PINNACLE SHERMAN'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 PINNACLE SHERMAN's earnings, one of the primary drivers of an investment's value.About PINNACLE SHERMAN Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include PINNACLE SHERMAN income statement, its balance sheet, and the statement of cash flows. PINNACLE SHERMAN investors use historical funamental indicators, such as PINNACLE SHERMAN's revenue or net income, to determine how well the company is positioned to perform in the future. Although PINNACLE SHERMAN investors may use each financial statement separately, they are all related. The changes in PINNACLE SHERMAN's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on PINNACLE SHERMAN'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. We offer a historical overview of the basic patterns found on PINNACLE SHERMAN Financial Statements. Understanding these patterns can help to make the right decision on long term investment in PINNACLE SHERMAN. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to meet its investment objective by investing, under normal market conditions, in all major asset classes including, but not limited to, foreign and domestic equity securities of all market capitalizations, fixed income securities of any credit quality, and cash and cash equivalents. Pinnacle Sherman is traded on NASDAQ Exchange in the United States.
Be your own money manager
Our tools can tell you how much better you can do entering a position in PINNACLE SHERMAN without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Competition Analyzer Now
Competition AnalyzerAnalyze and compare many basic indicators for a group of related or unrelated entities |
| All Next | Launch Module |
Pair Trading with PINNACLE SHERMAN
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 PINNACLE SHERMAN 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 PINNACLE SHERMAN will appreciate offsetting losses from the drop in the long position's value.Moving together with PINNACLE Mutual Fund
| + | 0.84 | PAAIX | ALL ASSET FUND | PairCorr | ||
| + | 0.9 | PATRX | PIMCO ALL ASSET | PairCorr | ||
| + | 0.9 | PAALX | ALL ASSET FUND | PairCorr | ||
| + | 0.84 | PALPX | PIMCO ALL ASSET | PairCorr | ||
| + | 0.9 | PAANX | PIMCO All Asset | PairCorr |
Moving against PINNACLE Mutual Fund
The ability to find closely correlated positions to PINNACLE SHERMAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PINNACLE SHERMAN 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 PINNACLE SHERMAN - 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 PINNACLE SHERMAN MULTI STRATEGY to buy it.
The correlation of PINNACLE SHERMAN 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 PINNACLE SHERMAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PINNACLE SHERMAN MUL 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 PINNACLE SHERMAN 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 the analysis of PINNACLE SHERMAN Correlation against competitors. Note that the PINNACLE SHERMAN MUL information on this page should be used as a complementary analysis to other PINNACLE SHERMAN'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for PINNACLE Mutual Fund analysis
When running PINNACLE SHERMAN's price analysis, check to measure PINNACLE SHERMAN'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 PINNACLE SHERMAN is operating at the current time. Most of PINNACLE SHERMAN's value examination focuses on studying past and present price action to predict the probability of PINNACLE SHERMAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PINNACLE SHERMAN's price. Additionally, you may evaluate how the addition of PINNACLE SHERMAN to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |