Global Absolute Financial Statements From 2010 to 2024
| JHASX Fund | USD 10.85 0.03 0.28% |
Check Global Absolute financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Absolute's main balance sheet or income statement drivers, such as , as well as many indicators such as . Global financial statements analysis is a perfect complement when working with Global Absolute Valuation or Volatility modules.
Global |
Global Absolute Return Mutual Fund Price To Book Analysis
Global Absolute's 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 the accounting value of assets minus liabilities.
Current Global Absolute Price To Book | 1.75 X |
Most of Global Absolute's fundamental indicators, such as Price To Book, 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, Global Absolute Return is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Global Absolute Return has a Price To Book of 1.75 times. This is 29.63% higher than that of the John Hancock family and significantly higher than that of the Tactical Allocation category. The price to book for all United States funds is notably lower than that of the firm.
Global Absolute Return Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Global Absolute's current stock value. Our valuation model uses many indicators to compare Global Absolute value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Global Absolute competition to find correlations between indicators driving Global Absolute's intrinsic value. More Info.Global Absolute Return is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Global Absolute Return is roughly 9.33 . 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 Global Absolute's earnings, one of the primary drivers of an investment's value.About Global Absolute Financial Statements
Global Absolute investors use historical fundamental indicators, such as Global 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 Global Absolute. Please read more on our technical analysis and fundamental analysis pages.
The fund may use an extensive range of investment strategies and invest in a wide spectrum of equity and fixed-income securities, as well as derivative instruments, in pursuing its investment objective. It may invest in equity and fixed-income securities of companies and government and supranational entities around the world, including in emerging markets. The fund is not subject to any maturity, market capitalization, or credit quality restrictions and may invest in high-yield below-investment-grade bonds without limitation. It may invest significantly in particular economic sectors.
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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 Global Mutual Fund
Global Absolute financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Absolute security.
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