Heritage Fund Financials
| TWHIX Fund | USD 23.58 0.41 1.77% |
Heritage |
Please note that past performance is not an indicator of the future performance of Heritage Fund, 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.
Heritage Fund Fund Summary
Heritage Fund competes with Champlain Small, T Rowe, Jpmorgan, HUMANA, and Barloworld. The fund normally invests in stocks of medium-sized companies that the adviser believes will increase in value over time, using an investment strategy developed by the funds investment advisor. In implementing this strategy, the portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. Management of the fund is based on the belief that durable franchises in a growing industry can sustain above average earnings growth.Specialization | Mid-Cap Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US0250837913 |
| Business Address | American Century Mutual |
| Mutual Fund Family | American Century Investments |
| Mutual Fund Category | Mid-Cap Growth |
| Benchmark | NYSE Composite |
| Phone | 800 345 2021 |
| Currency | USD - US Dollar |
Heritage Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Heritage Fund's current stock value. Our valuation model uses many indicators to compare Heritage Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Heritage Fund competition to find correlations between indicators driving Heritage Fund's intrinsic value. More Info.Heritage Fund Investor is rated top fund in price to earning among similar funds. It is rated second largest fund in price to book among similar funds fabricating about 0.20 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Heritage Fund Investor is roughly 5.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Heritage Fund by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Heritage Fund'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 Heritage Fund's earnings, one of the primary drivers of an investment's value.Heritage Fund Investor Systematic Risk
Heritage Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Heritage Fund 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Heritage Fund Investor correlated with the market. If Beta is less than 0 Heritage Fund generally moves in the opposite direction as compared to the market. If Heritage Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Heritage Fund Investor is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Heritage Fund is generally in the same direction as the market. If Beta > 1 Heritage Fund moves generally in the same direction as, but more than the movement of the benchmark.
Heritage Fund April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Heritage Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Heritage Fund Investor. We use our internally-developed statistical techniques to arrive at the intrinsic value of Heritage Fund Investor based on widely used predictive technical indicators. In general, we focus on analyzing Heritage Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Heritage Fund's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.0228 | |||
| Maximum Drawdown | 4.24 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.64 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Heritage Fund Investor. 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 gross domestic product. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.