Empiric 2500 Fund Fundamentals
| EMCAX Fund | USD 59.36 0.76 1.30% |
Empiric 2500 Fund fundamentals help investors to digest information that contributes to Empiric 2500's financial success or failures. It also enables traders to predict the movement of Empiric Mutual Fund. The fundamental analysis module provides a way to measure Empiric 2500'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 Empiric 2500 mutual fund.
Empiric |
Empiric 2500 Fund Mutual Fund Year To Date Return Analysis
Empiric 2500's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Empiric 2500 Year To Date Return | 0.88 % |
Most of Empiric 2500's fundamental indicators, such as Year To Date 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, Empiric 2500 Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
According to the company's disclosures, Empiric 2500 Fund has a Year To Date Return of 0.8837%. This is much higher than that of the Empiric Funds family and significantly higher than that of the Small Growth category. The year to date return for all United States funds is notably lower than that of the firm.
Empiric 2500 Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Empiric 2500's current stock value. Our valuation model uses many indicators to compare Empiric 2500 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Empiric 2500 competition to find correlations between indicators driving Empiric 2500's intrinsic value. More Info.Empiric 2500 Fund is one of the top funds in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.20 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Empiric 2500 Fund is roughly 4.95 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Empiric 2500 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Empiric 2500'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 Empiric 2500's earnings, one of the primary drivers of an investment's value.Empiric Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Empiric 2500's direct or indirect competition against its Year To Date 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 Empiric 2500 could also be used in its relative valuation, which is a method of valuing Empiric 2500 by comparing valuation metrics of similar companies.Empiric 2500 is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Empiric 2500
The fund consists of 91.44% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Empiric 2500'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.
Empiric Fundamentals
| Price To Earning | 14.95 X | ||||
| Price To Book | 3.02 X | ||||
| Price To Sales | 0.90 X | ||||
| Total Asset | 23.64 M | ||||
| Year To Date Return | 0.88 % | ||||
| One Year Return | 11.55 % | ||||
| Three Year Return | (1.45) % | ||||
| Five Year Return | 8.11 % | ||||
| Ten Year Return | 6.72 % | ||||
| Net Asset | 24.88 M | ||||
| Cash Position Weight | 8.56 % | ||||
| Equity Positions Weight | 91.44 % |
About Empiric 2500 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Empiric 2500 Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Empiric 2500 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Empiric 2500 Fund 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 achieve its objective by primarily investing in the equity securities of domestic small and mid-capitalization growth companies. It seeks capital appreciation by investing in companies that the Advisor believes are undervalued and that have characteristics the Advisor deems will likely cause those stocks to appreciate in the near future.
Pair Trading with Empiric 2500
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 Empiric 2500 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 Empiric 2500 will appreciate offsetting losses from the drop in the long position's value.Moving together with Empiric Mutual Fund
| 1.0 | EMCCX | Empiric 2500 | PairCorr |
| 0.97 | VSGAX | Vanguard Small Cap | PairCorr |
| 0.97 | VSGIX | Vanguard Small Cap | PairCorr |
| 0.97 | VISGX | Vanguard Small Cap | PairCorr |
Moving against Empiric Mutual Fund
| 0.63 | XPPRX | Voya Prime Rate | PairCorr |
The ability to find closely correlated positions to Empiric 2500 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empiric 2500 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 Empiric 2500 - 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 Empiric 2500 Fund to buy it.
The correlation of Empiric 2500 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 Empiric 2500 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empiric 2500 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 Empiric 2500 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empiric 2500 Fund. 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 nation. Note that the Empiric 2500 information on this page should be used as a complementary analysis to other Empiric 2500'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.