Bullfinch Western Ny Fund Fundamentals
| BWNYX Fund | USD 25.15 0.14 0.55% |
Bullfinch Western Ny fundamentals help investors to digest information that contributes to Bullfinch Western's financial success or failures. It also enables traders to predict the movement of Bullfinch Mutual Fund. The fundamental analysis module provides a way to measure Bullfinch Western'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 Bullfinch Western mutual fund.
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Bullfinch Western Ny Mutual Fund Three Year Return Analysis
Bullfinch Western's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Bullfinch Western Three Year Return | 0.98 % |
Most of Bullfinch Western's fundamental indicators, such as Three 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, Bullfinch Western Ny is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, Bullfinch Western Ny has a Three Year Return of 0.9842%. This is much higher than that of the Bullfinch family and significantly higher than that of the Mid-Cap Blend category. The three year return for all United States funds is notably lower than that of the firm.
Bullfinch Western Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bullfinch Western's current stock value. Our valuation model uses many indicators to compare Bullfinch Western value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bullfinch Western competition to find correlations between indicators driving Bullfinch Western's intrinsic value. More Info.Bullfinch Western Ny is rated below average in annual yield among similar funds. It is rated below average in year to date return among similar funds creating about 324.40 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Bullfinch Western by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bullfinch Western'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 Bullfinch Western's earnings, one of the primary drivers of an investment's value.Bullfinch Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bullfinch Western's direct or indirect competition against its Three 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 Bullfinch Western could also be used in its relative valuation, which is a method of valuing Bullfinch Western by comparing valuation metrics of similar companies.Bullfinch Western is rated below average in three year return among similar funds.
Fund Asset Allocation for Bullfinch Western
The fund consists of 80.75% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.Asset allocation divides Bullfinch Western'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.
Bullfinch Fundamentals
| Total Asset | 727.64 K | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 2.01 % | ||||
| One Year Return | 10.51 % | ||||
| Three Year Return | 0.98 % | ||||
| Five Year Return | 4.38 % | ||||
| Ten Year Return | 7.01 % | ||||
| Net Asset | 727.64 K | ||||
| Minimum Initial Investment | 2.5 K | ||||
| Cash Position Weight | 2.18 % | ||||
| Equity Positions Weight | 80.75 % | ||||
| Bond Positions Weight | 16.88 % |
About Bullfinch Western Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bullfinch Western Ny's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bullfinch Western using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bullfinch Western Ny 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 uses a value approach in its securities selection process. The adviser emphasizes fundamental corporate considerations related to the prospects of the issuer and its industry. Under normal conditions, the adviser invests at least 80 percent of the funds net assets plus amounts borrowed for investment purposes in securities of companies with an important economic presence in the Greater Western New York Region of New York. The fund is non-diversified.
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 Bullfinch Western 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, Bullfinch Western's short interest history, or implied volatility extrapolated from Bullfinch Western options trading.
Pair Trading with Bullfinch Western
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 Bullfinch Western 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 Bullfinch Western will appreciate offsetting losses from the drop in the long position's value.Moving together with Bullfinch Mutual Fund
| 0.91 | VIMAX | Vanguard Mid Cap | PairCorr |
| 0.91 | VIMSX | Vanguard Mid Cap | PairCorr |
| 0.96 | VMCPX | Vanguard Mid Cap | PairCorr |
| 0.91 | VMCIX | Vanguard Mid Cap | PairCorr |
Moving against Bullfinch Mutual Fund
| 0.67 | BXECX | Barings Emerging Markets | PairCorr |
| 0.52 | BXEIX | Barings Emerging Markets | PairCorr |
The ability to find closely correlated positions to Bullfinch Western could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bullfinch Western 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 Bullfinch Western - 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 Bullfinch Western Ny to buy it.
The correlation of Bullfinch Western 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 Bullfinch Western moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bullfinch Western 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 Bullfinch Western 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 Bullfinch Western Ny. 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 manufacturing. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.