Bright Rock Quality Fund Fundamentals
| BQLCX Fund | USD 21.94 0.01 0.05% |
Bright Rock Quality fundamentals help investors to digest information that contributes to Bright Rock's financial success or failures. It also enables traders to predict the movement of Bright Mutual Fund. The fundamental analysis module provides a way to measure Bright Rock'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 Bright Rock mutual fund.
Bright |
Bright Rock Quality Mutual Fund Annual Yield Analysis
Bright Rock's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Bright Rock Annual Yield | 0.01 % |
Most of Bright Rock's fundamental indicators, such as Annual Yield, 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, Bright Rock Quality is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Bright Rock Quality has an Annual Yield of 0.0056%. This is much higher than that of the Bright Rock family and significantly higher than that of the Large Blend category. The annual yield for all United States funds is notably lower than that of the firm.
Bright Rock Quality Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bright Rock's current stock value. Our valuation model uses many indicators to compare Bright Rock value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bright Rock competition to find correlations between indicators driving Bright Rock's intrinsic value. More Info.Bright Rock Quality 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 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Bright Rock Quality is roughly 6.29 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Bright Rock by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bright Rock'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 Bright Rock's earnings, one of the primary drivers of an investment's value.Bright Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bright Rock's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Bright Rock could also be used in its relative valuation, which is a method of valuing Bright Rock by comparing valuation metrics of similar companies.Bright Rock is currently under evaluation in annual yield among similar funds.
Fund Asset Allocation for Bright Rock
The fund invests 99.74% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.26%) .Asset allocation divides Bright Rock'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.
Bright Fundamentals
| Price To Earning | 18.57 X | ||||
| Price To Book | 2.95 X | ||||
| Price To Sales | 1.50 X | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 5.24 % | ||||
| One Year Return | 18.88 % | ||||
| Three Year Return | 9.19 % | ||||
| Five Year Return | 12.60 % | ||||
| Ten Year Return | 10.92 % | ||||
| Net Asset | 334.12 M | ||||
| Minimum Initial Investment | 100 K | ||||
| Last Dividend Paid | 0.05 | ||||
| Cash Position Weight | 0.26 % | ||||
| Equity Positions Weight | 99.74 % |
About Bright Rock Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bright Rock Quality's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bright Rock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bright Rock Quality 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 invests at least 80 percent of its net assets in equity securities of companies with large-sized market capitalizations. The adviser defines large-cap companies as those companies with market capitalizations within the range of companies in the Russell 1000 Index at the time of investment. The fund may invest up to 25 percent of its net assets in securities of foreign large-cap companies that are traded in the U.S., including companies located in emerging markets, as well as American Depositary Receipts.
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 Bright Rock 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, Bright Rock's short interest history, or implied volatility extrapolated from Bright Rock options trading.
Pair Trading with Bright Rock
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 Bright Rock 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 Bright Rock will appreciate offsetting losses from the drop in the long position's value.Moving together with Bright Mutual Fund
| 0.94 | BQMGX | Bright Rock Mid | PairCorr |
| 0.97 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.97 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.97 | VTSMX | Vanguard Total Stock | PairCorr |
The ability to find closely correlated positions to Bright Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bright Rock 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 Bright Rock - 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 Bright Rock Quality to buy it.
The correlation of Bright Rock 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 Bright Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bright Rock Quality 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 Bright Rock 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 Bright Rock Quality. 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 main economic indicators. Note that the Bright Rock Quality information on this page should be used as a complementary analysis to other Bright Rock'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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.