Apexcm Smallmid Cap Fund Fundamentals
| APSGX Fund | USD 16.67 0.08 0.48% |
Apexcm Smallmid Cap fundamentals help investors to digest information that contributes to Apexcm Smallmid's financial success or failures. It also enables traders to predict the movement of Apexcm Mutual Fund. The fundamental analysis module provides a way to measure Apexcm Smallmid'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 Apexcm Smallmid mutual fund.
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Apexcm Smallmid Cap Mutual Fund One Year Return Analysis
Apexcm Smallmid's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Apexcm Smallmid One Year Return | 21.34 % |
Most of Apexcm Smallmid's fundamental indicators, such as One Year Return, 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, Apexcm Smallmid Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Apexcm Smallmid Cap has an One Year Return of 21.3372%. This is much higher than that of the Fiera Capital family and significantly higher than that of the Mid-Cap Growth category. The one year return for all United States funds is notably lower than that of the firm.
Apexcm Smallmid Cap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Apexcm Smallmid's current stock value. Our valuation model uses many indicators to compare Apexcm Smallmid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Apexcm Smallmid competition to find correlations between indicators driving Apexcm Smallmid's intrinsic value. More Info.Apexcm Smallmid Cap is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Apexcm Smallmid Cap is roughly 5.74 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Apexcm Smallmid by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Apexcm Smallmid'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 Apexcm Smallmid's earnings, one of the primary drivers of an investment's value.Apexcm One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Apexcm Smallmid's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Apexcm Smallmid could also be used in its relative valuation, which is a method of valuing Apexcm Smallmid by comparing valuation metrics of similar companies.Apexcm Smallmid is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Apexcm Smallmid
The fund consists of 96.84% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Apexcm Smallmid'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.
Apexcm Fundamentals
| Price To Earning | 20.60 X | |||
| Price To Book | 3.59 X | |||
| Price To Sales | 2.02 X | |||
| Total Asset | 75.48 M | |||
| Year To Date Return | 1.93 % | |||
| One Year Return | 21.34 % | |||
| Three Year Return | 1.27 % | |||
| Five Year Return | 11.96 % | |||
| Net Asset | 75.61 M | |||
| Equity Positions Weight | 96.84 % |
About Apexcm Smallmid Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Apexcm Smallmid Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Apexcm Smallmid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Apexcm Smallmid Cap based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The Subadvisor seeks to achieve the funds investment objective by investing in a diversified portfolio of common stocks of companies believed to be small- and mid-cap growth-oriented companies that are selected for their long-term capital appreciation potential and which the Subadvisor expects to grow faster than the U.S. economy.
Pair Trading with Apexcm Smallmid
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 Apexcm Smallmid 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 Apexcm Smallmid will appreciate offsetting losses from the drop in the long position's value.Moving together with Apexcm Mutual Fund
| 0.96 | PAMCX | T Rowe Price | PairCorr |
| 0.96 | RRMGX | T Rowe Price | PairCorr |
| 0.96 | TRQZX | T Rowe Price | PairCorr |
| 0.96 | RPMGX | T Rowe Price | PairCorr |
| 0.94 | PRJIX | T Rowe Price | PairCorr |
The ability to find closely correlated positions to Apexcm Smallmid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apexcm Smallmid 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 Apexcm Smallmid - 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 Apexcm Smallmid Cap to buy it.
The correlation of Apexcm Smallmid 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 Apexcm Smallmid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apexcm Smallmid Cap 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 Apexcm Smallmid 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, which includes a position in Apexcm Smallmid Cap. 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 price. Note that the Apexcm Smallmid Cap information on this page should be used as a complementary analysis to other Apexcm Smallmid'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.