Madison Covered Financials
| MENAX Fund | USD 8.96 0.05 0.55% |
Madison |
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.
Madison Covered Fund Summary
Madison Covered competes with Victory High, Msift High, T Rowe, Prudential High, and Artisan High. The fund invests, under normal conditions, primarily in common stocks of large- and mid-capitalization issuers that are, in the view of the funds investment adviser, selling at a reasonable price in relation to their long-term earnings growth rates. It will invest at least 80 percent of its net assets in common stocks, with at least 65 percent of this amount invested in common stocks of large capitalization issuers that meet the funds selection criteria.Specialization | Derivative Income, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Madison |
| Mutual Fund Family | Madison Funds |
| Mutual Fund Category | Derivative Income |
| Benchmark | Dow Jones Industrial |
| Phone | 800 877 6089 |
| 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 Ered Call is number one fund in price to earning among similar funds. It also is 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 Madison Ered Call is roughly 6.79 . 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 Ered 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 output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Madison Ered 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 Ered 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 January 23, 2025 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 Ered Call. We use our internally-developed statistical techniques to arrive at the intrinsic value of Madison Ered Call based on widely used predictive technical indicators. In general, we focus on analyzing Madison Mutual Fund 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.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.34 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 0.5488 |
Other Information on Investing in Madison Mutual Fund
Madison Covered financial ratios help investors to determine whether Madison 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 Madison with respect to the benefits of owning Madison Covered security.
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