Astonanchor Capital Enhanced Fund Price To Book
Astonanchor Capital Enhanced fundamentals help investors to digest information that contributes to Astonanchor Capital's financial success or failures. It also enables traders to predict the movement of Astonanchor Mutual Fund. The fundamental analysis module provides a way to measure Astonanchor Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Astonanchor Capital mutual fund.
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Astonanchor Capital Enhanced Mutual Fund Price To Book Analysis
Astonanchor Capital's 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 the accounting value of assets minus liabilities.
Current Astonanchor Capital Price To Book | 1.98 X |
Most of Astonanchor Capital's fundamental indicators, such as Price To Book, 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, Astonanchor Capital Enhanced is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Astonanchor Capital Enhanced has a Price To Book of 1.98 times. This is much higher than that of the Category family and notably higher than that of the Family category. The price to book for all United States funds is 167.57% lower than that of the firm.
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Fund Asset Allocation for Astonanchor Capital
The fund consists of 97.74% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Astonanchor Capital's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Astonanchor Fundamentals
| Price To Earning | 13.59 X | |||
| Price To Book | 1.98 X | |||
| Price To Sales | 0.88 X | |||
| Annual Yield | 2.79 % | |||
| Year To Date Return | 7.96 % | |||
| One Year Return | 4.60 % | |||
| Three Year Return | 18.17 % | |||
| Five Year Return | 3.50 % | |||
| Net Asset | 56.35 M | |||
| Minimum Initial Investment | 100 K | |||
| Last Dividend Paid | 0.05 | |||
| Holdings Turnover | 35.00 % | |||
| Cash Position Weight | 2.66 % | |||
| Equity Positions Weight | 97.74 % |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Astonanchor Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Astonanchor Capital's short interest history, or implied volatility extrapolated from Astonanchor Capital options trading.
Pair Trading with Astonanchor Capital
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 Astonanchor Capital 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 Astonanchor Capital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Snap On could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Snap On 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 Snap On - 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 Snap On to buy it.
The correlation of Snap On is a statistical measure of how it moves in relation to other instruments. 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 Snap On moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Snap On 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 Snap On 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 Trending Equities to better understand how to build diversified portfolios. 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 state. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Astonanchor Mutual Fund
If you are still planning to invest in Astonanchor Capital check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Astonanchor Capital's history and understand the potential risks before investing.
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