Spectrum Advisors Financials
| SAPEX Fund | USD 16.46 0.09 0.55% |
Spectrum |
Please note that past performance is not an indicator of the future performance of Spectrum Advisors, 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.
Spectrum Advisors Fund Summary
Spectrum Advisors competes with Columbia Income, Ashmore Emerging, Blackrock, and Invesco Limited. The funds adviser delegates execution of its investment strategy to a sub-adviser. The sub-adviser seeks to fulfill the funds investment objective by using proprietary signals to evaluate general equity market conditions. The sub-adviser focuses on equities, and may employ leverage in especially favorable conditions. In unfavorable conditions, the sub-adviser emphasizes capital preservation by decreasing equity exposure and increasing the funds allocation to cash equivalents, fixed income securities, reducing leverage, and hedging depending on the environment.Specialization | Tactical Allocation, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Advisors Preferred Trust |
| Mutual Fund Family | Advisors Preferred |
| Mutual Fund Category | Tactical Allocation |
| Benchmark | NYSE Composite |
| Phone | 866 862 9686 |
| Currency | USD - US Dollar |
You should never invest in Spectrum Advisors Preferred without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Spectrum Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Spectrum Advisors' prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Spectrum Advisors Key Financial Ratios
Generally speaking, Spectrum Advisors' financial ratios allow both analysts and investors to convert raw data from Spectrum Advisors' financial statements into concise, actionable information that can be used to evaluate the performance of Spectrum Advisors 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 Spectrum Advisors reports annually and quarterly.Spectrum Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spectrum Advisors's current stock value. Our valuation model uses many indicators to compare Spectrum Advisors value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spectrum Advisors competition to find correlations between indicators driving Spectrum Advisors's intrinsic value. More Info.Spectrum Advisors Preferred is rated top fund in annual yield among similar funds. It is rated top fund in year to date return among similar funds creating about 45.61 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Spectrum Advisors by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Spectrum Advisors' 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 Spectrum Advisors' earnings, one of the primary drivers of an investment's value.Spectrum Advisors Systematic Risk
Spectrum Advisors' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Spectrum Advisors 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 eight with a total number of output elements of fifty-three. The Beta measures systematic risk based on how returns on Spectrum Advisors correlated with the market. If Beta is less than 0 Spectrum Advisors generally moves in the opposite direction as compared to the market. If Spectrum Advisors Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Spectrum Advisors is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Spectrum Advisors is generally in the same direction as the market. If Beta > 1 Spectrum Advisors moves generally in the same direction as, but more than the movement of the benchmark.
Spectrum Advisors April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Spectrum Advisors help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Spectrum Advisors Preferred. We use our internally-developed statistical techniques to arrive at the intrinsic value of Spectrum Advisors Preferred based on widely used predictive technical indicators. In general, we focus on analyzing Spectrum Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Spectrum Advisors's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 4.28 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.22 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spectrum Advisors Preferred. 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 income. Note that the Spectrum Advisors information on this page should be used as a complementary analysis to other Spectrum Advisors' 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.