Heritage Fund Financials
| ATHAX Fund | USD 24.46 0.37 1.54% |
Heritage |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Heritage Fund Fund Summary
Heritage Fund competes with Growth Fund, Select Fund, Emerging Markets, Ultra Fund, and International Growth. The fund normally invests in stocks of medium-sized companies that the adviser believes will increase in value over time, using an investment strategy developed by the funds investment advisor. In implementing this strategy, the portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. Management of the fund is based on the belief that durable franchises in a growing industry can sustain above average earnings growth.Specialization | Mid-Cap Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US0250837673 |
| Business Address | American Century Mutual |
| Mutual Fund Family | American Century Investments |
| Mutual Fund Category | Mid-Cap Growth |
| Benchmark | Dow Jones Industrial |
| Phone | 800 345 2021 |
| Currency | USD - US Dollar |
Heritage Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Heritage Fund's current stock value. Our valuation model uses many indicators to compare Heritage Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Heritage Fund competition to find correlations between indicators driving Heritage Fund's intrinsic value. More Info.Heritage Fund A is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.20 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Heritage Fund A is roughly 5.00 . 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 Heritage Fund's earnings, one of the primary drivers of an investment's value.Heritage Fund A Systematic Risk
Heritage Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Heritage Fund volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Heritage Fund A correlated with the market. If Beta is less than 0 Heritage Fund generally moves in the opposite direction as compared to the market. If Heritage Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Heritage Fund A is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Heritage Fund is generally in the same direction as the market. If Beta > 1 Heritage Fund moves generally in the same direction as, but more than the movement of the benchmark.
Heritage Fund November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Heritage Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Heritage Fund A. We use our internally-developed statistical techniques to arrive at the intrinsic value of Heritage Fund A based on widely used predictive technical indicators. In general, we focus on analyzing Heritage Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Heritage Fund's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9902 | |||
| Information Ratio | 0.121 | |||
| Maximum Drawdown | 4.52 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.83 |
Other Information on Investing in Heritage Mutual Fund
Heritage Fund financial ratios help investors to determine whether Heritage 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 Heritage with respect to the benefits of owning Heritage Fund security.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |