PINNACLE Fundamentals
| APSHX Fund | USD 11.15 0.12 1.06% |
PINNACLE SHERMAN MULTI STRATEGY fundamentals help investors to digest information that contributes to PINNACLE SHERMAN's financial success or failures. It also enables traders to predict the movement of PINNACLE Mutual Fund. The fundamental analysis module provides a way to measure PINNACLE SHERMAN'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 PINNACLE SHERMAN mutual fund.
PINNACLE |
PINNACLE Equity Positions Weight Analysis
PINNACLE SHERMAN's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | | in the fund |
Current PINNACLE SHERMAN Equity Positions Weight | 49.15 % |
Most of PINNACLE SHERMAN's fundamental indicators, such as Equity Positions Weight, 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, PINNACLE SHERMAN MULTI STRATEGY is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
PINNACLE SHERMAN Equity Positions Weight Component Assessment
According to the company disclosure, PINNACLE SHERMAN MULTI STRATEGY has an Equity Positions Weight of 49.15%. This is much higher than that of the Pinnacle family and significantly higher than that of the Tactical Allocation category. The equity positions weight for all United States funds is notably lower than that of the firm.
PINNACLE SHERMAN MUL Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PINNACLE SHERMAN's current stock value. Our valuation model uses many indicators to compare PINNACLE SHERMAN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PINNACLE SHERMAN competition to find correlations between indicators driving PINNACLE SHERMAN's intrinsic value. More Info.PINNACLE SHERMAN MULTI STRATEGY is the top fund in one year return among similar funds. It is the top fund in cash position weight among similar funds creating about 5.89 of Cash Position Weight per One Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value PINNACLE SHERMAN by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PINNACLE SHERMAN'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 PINNACLE SHERMAN's earnings, one of the primary drivers of an investment's value.PINNACLE Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PINNACLE SHERMAN's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of PINNACLE SHERMAN could also be used in its relative valuation, which is a method of valuing PINNACLE SHERMAN by comparing valuation metrics of similar companies.PINNACLE SHERMAN is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for PINNACLE SHERMAN
The fund invests 49.15% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (50.85%) .Asset allocation divides PINNACLE SHERMAN'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.
PINNACLE Fundamentals
| Total Asset | 37.02 M | |||
| One Year Return | 8.64 % | |||
| Three Year Return | 1.98 % | |||
| Net Asset | 37.02 M | |||
| Last Dividend Paid | 0.05 | |||
| Cash Position Weight | 50.85 % | |||
| Equity Positions Weight | 49.15 % |
About PINNACLE SHERMAN Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PINNACLE SHERMAN MULTI STRATEGY's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PINNACLE SHERMAN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PINNACLE SHERMAN MULTI STRATEGY 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 fund seeks to meet its investment objective by investing, under normal market conditions, in all major asset classes including, but not limited to, foreign and domestic equity securities of all market capitalizations, fixed income securities of any credit quality, and cash and cash equivalents. Pinnacle Sherman is traded on NASDAQ Exchange in the United States.
Be your own money manager
Our tools can tell you how much better you can do entering a position in PINNACLE SHERMAN without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Pair Trading with PINNACLE SHERMAN
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 PINNACLE SHERMAN 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 PINNACLE SHERMAN will appreciate offsetting losses from the drop in the long position's value.Moving together with PINNACLE Mutual Fund
| + | 0.8 | PAAIX | ALL ASSET FUND | PairCorr | ||
| + | 0.84 | PATRX | PIMCO ALL ASSET | PairCorr | ||
| + | 0.84 | PAALX | ALL ASSET FUND | PairCorr | ||
| + | 0.8 | PALPX | PIMCO ALL ASSET | PairCorr | ||
| + | 0.85 | PAANX | PIMCO All Asset | PairCorr |
The ability to find closely correlated positions to PINNACLE SHERMAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PINNACLE SHERMAN 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 PINNACLE SHERMAN - 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 PINNACLE SHERMAN MULTI STRATEGY to buy it.
The correlation of PINNACLE SHERMAN is a statistical measure of how it moves in relation to other equities. 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 PINNACLE SHERMAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PINNACLE SHERMAN MUL 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 PINNACLE SHERMAN 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 PINNACLE SHERMAN Piotroski F Score and PINNACLE SHERMAN Altman Z Score analysis. Note that the PINNACLE SHERMAN MUL information on this page should be used as a complementary analysis to other PINNACLE SHERMAN'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for PINNACLE Mutual Fund analysis
When running PINNACLE SHERMAN's price analysis, check to measure PINNACLE SHERMAN'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 PINNACLE SHERMAN is operating at the current time. Most of PINNACLE SHERMAN's value examination focuses on studying past and present price action to predict the probability of PINNACLE SHERMAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PINNACLE SHERMAN's price. Additionally, you may evaluate how the addition of PINNACLE SHERMAN to your portfolios can decrease your overall portfolio volatility.
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