Mirae Mutual Fund Financials

MALGX -  USA Fund  

USD 15.00  0.24  1.63%

Understanding current and past Mirae Asset Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mirae Asset's financial statements are interrelated, with each one affecting the others. For example, an increase in Mirae Asset's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Mirae Asset's financials over time to get the whole picture.
You can employ fundamental analysis to find out if Mirae Asset Discovery is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze and collect data for thirteen available fundamentals for Mirae Asset, which can be compared to its peers in the industry. Please exercise Mirae Asset Discovery price to book and five year return to make a decision on whether Mirae Asset Discovery is priced favorably. Use Mirae Asset to enhance returns of your portfolios. The fund experiences a large bullish trend. Check odds of Mirae Asset to be traded at $16.5 in 90 days.

Mirae Fundamentals 

 
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With this module, you can analyze Mirae financials for your investing period. You should be able to track the changes in Mirae Asset individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Chance Of Financial Distress
Less than 37
Mirae Asset Discovery has less than 37 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Mirae Asset mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Mirae Asset's official financial statements usually reflect Mirae Asset's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Mirae Asset Discovery. For example, before you start analyzing numbers published by Mirae accountants, it's critical to develop an understanding of what Mirae Asset's liquidity, profitability, and earnings quality are in the context of the Mirae Asset Global Investments space in which it operates.
Please note that past performance is not an indicator of the future performance of Mirae Asset, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .

Mirae Asset Company Summary

Mirae Asset competes with Vanguard Emerging, American Funds, American Funds, New World, and New World. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities of issuers in emerging markets or that are tied economically to emerging markets, provided that, in either case, the issuers of any such securities are deemed by the Investment Manager to be Sector Leaders. Mirae Asset is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
Business AddressMirae Asset Discovery
Mutual Fund FamilyMirae Asset Global Investments
Mutual Fund CategoryDiversified Emerging Mkts
BenchmarkDOW
Phone888 335 3417
CurrencyUSD - US Dollar
You should never invest in Mirae Asset without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mirae Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Mirae Asset's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Mirae Asset Key Financial Ratios

Generally speaking, Mirae Asset's financial ratios allow both analysts and investors to convert raw data from Mirae Asset's financial statements into concise, actionable information that can be used to evaluate the performance of Mirae Asset over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mirae Asset Discovery reports annually and quarterly.

Mirae Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mirae Asset's current stock value. Our valuation model uses many indicators to compare Mirae Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mirae Asset competition to find correlations between indicators driving Mirae Asset's intrinsic value. More Info.
Mirae Asset Discovery is regarded third largest fund in last dividend paid among similar funds. It is regarded fifth largest fund in five year return among similar funds reporting about  5.22  of Five Year Return per Last Dividend Paid. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mirae Asset by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mirae Asset'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 Mirae Asset's earnings, one of the primary drivers of an investment's value.

Mirae Asset Discovery Systematic Risk

Mirae Asset's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mirae Asset volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-one with a total number of output elements of thirty. The Beta measures systematic risk based on how returns on Mirae Asset Discovery correlated with the market. If Beta is less than 0 Mirae Asset generally moves in the opposite direction as compared to the market. If Mirae Asset Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mirae Asset Discovery is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mirae Asset is generally in the same direction as the market. If Beta > 1 Mirae Asset moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Mirae Asset Financials

What exactly are Mirae Asset Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Mirae Asset's income statement, its balance sheet, and the statement of cash flows. Potential Mirae Asset investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Mirae Asset investors may use each financial statement separately, they are all related. The changes in Mirae Asset's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mirae Asset'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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Mirae Asset is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Mirae grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
Mirae Asset Discovery is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Diversified Emerging Mkts category is currently estimated at about 365.82 Billion. Mirae Asset adds roughly 64.57 Million in net asset claiming only tiny portion of all funds under Diversified Emerging Mkts category.

Mirae Asset December 4, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mirae Asset help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mirae Asset Discovery. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mirae Asset Discovery based on widely used predictive technical indicators. In general, we focus on analyzing Mirae Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mirae Asset's daily price indicators and compare them against related drivers.
Information Ratio(0.08)
Maximum Drawdown5.09
Value At Risk(1.30)
Potential Upside1.35
Additionally, see Stocks Correlation. Note that the Mirae Asset Discovery information on this page should be used as a complementary analysis to other Mirae Asset'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 Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Mirae Asset Discovery price analysis, check to measure Mirae Asset'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 Mirae Asset is operating at the current time. Most of Mirae Asset's value examination focuses on studying past and present price action to predict the probability of Mirae Asset's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mirae Asset's price. Additionally, you may evaluate how the addition of Mirae Asset to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mirae Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine Mirae Asset value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mirae Asset'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.