Guidepath(r) Absolute Financial Statements From 2010 to 2024

GPARX Fund  USD 9.79  0.05  0.51%   
Guidepath(r) Absolute financial statements provide useful quarterly and yearly information to potential Guidepath Absolute Return investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Guidepath(r) Absolute financial statements helps investors assess Guidepath(r) Absolute's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Guidepath(r) Absolute's valuation are summarized below:
Guidepath Absolute Return does not presently have any fundamental trends for analysis.
Check Guidepath(r) Absolute financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guidepath(r) Absolute's main balance sheet or income statement drivers, such as , as well as many indicators such as . Guidepath(r) financial statements analysis is a perfect complement when working with Guidepath(r) Absolute Valuation or Volatility modules.
  
This module can also supplement various Guidepath(r) Absolute Technical models . Check out the analysis of Guidepath(r) Absolute Correlation against competitors.

Guidepath Absolute Return Mutual Fund Price To Sales Analysis

Guidepath(r) Absolute'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.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Guidepath(r) Absolute Price To Sales

    
  1.37 X  
Most of Guidepath(r) Absolute'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, Guidepath Absolute Return 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, Guidepath Absolute Return has a Price To Sales of 1.37 times. This is much higher than that of the GuidePath family and significantly higher than that of the Short-Term Bond category. The price to sales for all United States funds is notably lower than that of the firm.

Guidepath Absolute Return Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Guidepath(r) Absolute's current stock value. Our valuation model uses many indicators to compare Guidepath(r) Absolute value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Guidepath(r) Absolute competition to find correlations between indicators driving Guidepath(r) Absolute's intrinsic value. More Info.
Guidepath Absolute Return is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about  0.12  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Guidepath Absolute Return is roughly  8.36 . 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 Guidepath(r) Absolute's earnings, one of the primary drivers of an investment's value.

About Guidepath(r) Absolute Financial Statements

Guidepath(r) Absolute investors use historical fundamental indicators, such as Guidepath(r) Absolute'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 Guidepath(r) Absolute. Please read more on our technical analysis and fundamental analysis pages.
The fund operates as a fund of funds, investing primarily in registered mutual funds, including exchange-traded funds . The funds in which the fund may invest are referred to herein as the underlying funds. The Advisor believes that investing in underlying funds provides the fund with an efficient means of creating a portfolio that provides investors with indirect exposure to a broad range of 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 Guidepath(r) Mutual Fund

Guidepath(r) Absolute financial ratios help investors to determine whether Guidepath(r) 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 Guidepath(r) with respect to the benefits of owning Guidepath(r) Absolute security.
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