IEMA Fundamental Relationships

IEMA -- Ireland Fund  

USD 24.92  0.00  0.00%

The Drivers Module shows relationships between IEMA's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of IEMA over time as well as its relative position and ranking within its peers. Please also check Risk vs Return Analysis.

IEMA Holdings Turnover vs. Price to Book Fundamental Analysis

IEMA is currently considered the top fund in price to book among similar funds. It is currently considered the top fund in holdings turnover among similar funds reporting about  42.26  of Holdings Turnover per Price to Book.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
IEMA 
P/B 
 = 
MV Per Share 
BV Per Share 
=
1.38X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the fund total holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
IEMA 
Holding Turnover 
 = 
Year Cash Flow 
Net Asset 
X
100 
=
58.32%
Investor can think of Holding Turnover as percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.

IEMA Holdings Turnover Comparison

IEMA Fundamental Comparison

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