Spectrum Fund Financial Statements From 2010 to 2024
FLSPX Fund | USD 14.95 0.09 0.61% |
Check Spectrum Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spectrum Fund's main balance sheet or income statement drivers, such as , as well as many indicators such as . Spectrum financial statements analysis is a perfect complement when working with Spectrum Fund Valuation or Volatility modules.
Spectrum |
Spectrum Fund Retail Mutual Fund Price To Sales Analysis
Spectrum Fund's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Spectrum Fund Price To Sales | 1.10 X |
Most of Spectrum Fund's fundamental indicators, such as Price To Sales, 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, Spectrum Fund Retail is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Based on the latest financial disclosure, Spectrum Fund Retail has a Price To Sales of 1.1 times. This is much higher than that of the Meeder Funds family and significantly higher than that of the Long-Short Equity category. The price to sales for all United States funds is notably lower than that of the firm.
Spectrum Fund Retail Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spectrum Fund's current stock value. Our valuation model uses many indicators to compare Spectrum Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spectrum Fund competition to find correlations between indicators driving Spectrum Fund's intrinsic value. More Info.Spectrum Fund Retail is rated # 5 fund in price to earning among similar funds. It also is rated # 5 fund in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Spectrum Fund Retail is roughly 7.64 . 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 Spectrum Fund's earnings, one of the primary drivers of an investment's value.About Spectrum Fund Financial Statements
Spectrum Fund investors use historical fundamental indicators, such as Spectrum Fund's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Spectrum Fund. Please read more on our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by taking long and short positions in the global securities markets. It primarily invests long in common and preferred stocks and in investment companies , which include domestic and foreign mutual funds, as well as in exchange traded funds , closed-end funds, and unit investment trusts. The fund may invest up to 100 percent of its net assets in fixed income securities of any maturity and of any credit rating and cash equivalent securities.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Spectrum Mutual Fund
Spectrum Fund financial ratios help investors to determine whether Spectrum Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spectrum with respect to the benefits of owning Spectrum Fund security.
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