World Growth Financial Statements From 2010 to 2024
| USAWX Fund | USD 32.10 0.10 0.31% |
Check World Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among World Growth's main balance sheet or income statement drivers, such as , as well as many indicators such as . World financial statements analysis is a perfect complement when working with World Growth Valuation or Volatility modules.
World |
World Growth Fund Mutual Fund Price To Earning Analysis
World Growth's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current World Growth Price To Earning | 19.05 X |
Most of World Growth's fundamental indicators, such as Price To Earning, 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, World Growth Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, World Growth Fund has a Price To Earning of 19.05 times. This is much higher than that of the Victory Capital family and significantly higher than that of the World Large-Stock Blend category. The price to earning for all United States funds is notably lower than that of the firm.
World Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining World Growth's current stock value. Our valuation model uses many indicators to compare World Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across World Growth competition to find correlations between indicators driving World Growth's intrinsic value. More Info.World Growth Fund is presently regarded as number one fund in price to earning among similar funds. It also is presently regarded as number one fund in price to book among similar funds fabricating about 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for World Growth Fund is roughly 6.66 . 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 World Growth's earnings, one of the primary drivers of an investment's value.About World Growth Financial Statements
World Growth investors use historical fundamental indicators, such as World Growth'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 World Growth. Please read more on our technical analysis and fundamental analysis pages.
The fund invests its assets primarily in equity securities of both foreign and domestic issuers. The equity securities in which the fund principally invests are common stocks, depositary receipts, preferred stocks, securities convertible into common stocks, and securities that carry the right to buy common stocks.
Also Currently Popular
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 World Mutual Fund
World Growth financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Growth security.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |