Madison Covered Financials
| MCN Etf | USD 7.09 0.06 0.85% |
Madison |
The data published in Madison Covered's official financial statements typically reflect Madison Covered's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Madison Covered's quantitative information. For example, before you start analyzing numbers published by Madison accountants, it's essential to understand Madison Covered's liquidity, profitability, and earnings quality within the context of the Financial Services space in which it operates.
Madison Covered Etf Summary
Madison Covered competes with Invesco High, MFS Investment, Eaton Vance, New America, and Eagle Point. Madison Covered Call Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios , financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE SP 500 BuyWrite Index. The fund conducts in-house research to make its investments. It was formerly known as MadisonClaymore Covered Call Equity Strategy Fund. Madison Covered Call Equity Strategy Fund was formed on May 6, 2004 and is domiciled in the United States.Specialization | null, Derivative Income |
| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| ISIN | US5574371002 |
| CUSIP | 557437100 556582104 |
| Region | Others |
| Investment Issuer | Others |
| Location | Wisconsin; U.S.A |
| Business Address | 550 Science Drive |
| Etf Family | Financial Services |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | www.madisonfunds.com/individual/madison-covered-call-and-equity-strategy-fund |
| Phone | 800 767 0300 |
| Currency | USD - US Dollar |
Madison Covered Key Financial Ratios
Madison Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Madison Covered's current stock value. Our valuation model uses many indicators to compare Madison Covered value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Madison Covered competition to find correlations between indicators driving Madison Covered's intrinsic value. More Info.Madison Covered Call is rated below average in price to earning as compared to similar ETFs. It is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Madison Covered Call is roughly 15.41 . 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 Madison Covered's earnings, one of the primary drivers of an investment's value.Madison Covered Call Systematic Risk
Madison Covered's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Madison Covered 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Madison Covered Call correlated with the market. If Beta is less than 0 Madison Covered generally moves in the opposite direction as compared to the market. If Madison Covered Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Madison Covered Call is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Madison Covered is generally in the same direction as the market. If Beta > 1 Madison Covered moves generally in the same direction as, but more than the movement of the benchmark.
Madison Covered November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Madison Covered help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Madison Covered Call. We use our internally-developed statistical techniques to arrive at the intrinsic value of Madison Covered Call based on widely used predictive technical indicators. In general, we focus on analyzing Madison Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Madison Covered's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7659 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.06 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 1.15 |
Other Information on Investing in Madison Etf
Madison Covered financial ratios help investors to determine whether Madison Etf 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 Madison with respect to the benefits of owning Madison Covered security.