Evaluator Growth Rms Fund Fundamentals
| EVGLX Fund | USD 10.85 0.03 0.28% |
Evaluator Growth Rms fundamentals help investors to digest information that contributes to Evaluator Growth's financial success or failures. It also enables traders to predict the movement of Evaluator Mutual Fund. The fundamental analysis module provides a way to measure Evaluator Growth'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 Evaluator Growth mutual fund.
Evaluator |
Evaluator Growth Rms Mutual Fund Three Year Return Analysis
Evaluator Growth'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 Evaluator Growth Three Year Return | 1.88 % |
Most of Evaluator Growth'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, Evaluator Growth Rms 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, Evaluator Growth Rms has a Three Year Return of 1.8793%. This is much higher than that of the E-Valuator funds family and significantly higher than that of the Allocation--70% to 85% Equity category. The three year return for all United States funds is notably lower than that of the firm.
Evaluator Growth Rms Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Evaluator Growth's current stock value. Our valuation model uses many indicators to compare Evaluator Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Evaluator Growth competition to find correlations between indicators driving Evaluator Growth's intrinsic value. More Info.Evaluator Growth Rms is rated # 3 fund in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about 161.74 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Evaluator Growth by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Evaluator Growth'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 Evaluator Growth's earnings, one of the primary drivers of an investment's value.Evaluator Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evaluator Growth'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 Evaluator Growth could also be used in its relative valuation, which is a method of valuing Evaluator Growth by comparing valuation metrics of similar companies.Evaluator Growth is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Evaluator Growth
The fund invests 65.73% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (6.08%) , cash (3.84%) and various exotic instruments.Asset allocation divides Evaluator Growth'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.
Evaluator Fundamentals
| Total Asset | 241.04 M | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 3.48 % | |||
| One Year Return | 13.88 % | |||
| Three Year Return | 1.88 % | |||
| Five Year Return | 7.34 % | |||
| Net Asset | 249.71 M | |||
| Last Dividend Paid | 0.07 | |||
| Cash Position Weight | 3.84 % | |||
| Equity Positions Weight | 65.73 % | |||
| Bond Positions Weight | 6.08 % |
About Evaluator Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Evaluator Growth Rms's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evaluator Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evaluator Growth Rms 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 in the securities of other unaffiliated investment companies, including open-end funds, ETFs and closed-end funds. It will generally allocate 15-30 percent of its assets into a variety of underlying funds that focus on investments in debt that possess varying qualities of credit and duration. The remaining 70-85 percent of the funds assets will generally be allocated to underlying funds that invest in equities that have the potential of providing dividends and growth on an annual basis.
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 Evaluator Growth 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, Evaluator Growth's short interest history, or implied volatility extrapolated from Evaluator Growth options trading.
Pair Trading with Evaluator Growth
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 Evaluator Growth 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 Evaluator Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with Evaluator Mutual Fund
| 1.0 | EVAGX | Evaluator Aggressive Rms | PairCorr |
| 0.96 | EVFTX | Evaluator Tactically | PairCorr |
| 1.0 | EVFMX | Evaluator Moderate Rms | PairCorr |
| 1.0 | EVFGX | Evaluator Aggressive Rms | PairCorr |
| 0.97 | EVFCX | Evaluator Conservative | PairCorr |
The ability to find closely correlated positions to Evaluator Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evaluator Growth 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 Evaluator Growth - 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 Evaluator Growth Rms to buy it.
The correlation of Evaluator Growth 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 Evaluator Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evaluator Growth Rms 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 Evaluator Growth 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 Evaluator Growth Rms. 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 bureau of economic analysis. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.