Mh Elite Financials
| MHELX Fund | USD 9.31 0.03 0.32% |
MHELX |
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.
Mh Elite Fund Summary
Mh Elite competes with Artisan High, Pgim High, Calvert High, Ppm High, and Virtus High. The fund invests at least 80 percent of its total assets in 12 to 25 unaffiliated open-end mutual funds which in turn, invest principally in common stocks of small and micro-capitalization companies. The adviser currently considers small and micro-capitalization companies to be those with a market capitalization that falls within the range of the Russell 2000 Index.Specialization | Allocation--85%+ Equity, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | MH ELITE PORTFOLIO |
| Mutual Fund Family | MH Elite |
| Mutual Fund Category | Allocation--85%+ Equity |
| Benchmark | Dow Jones Industrial |
| Phone | 800 318 7969 |
| Currency | USD - US Dollar |
MHELX Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mh Elite's current stock value. Our valuation model uses many indicators to compare Mh Elite value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mh Elite competition to find correlations between indicators driving Mh Elite's intrinsic value. More Info.Mh Elite Small 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 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mh Elite Small is roughly 9.69 . 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 Mh Elite's earnings, one of the primary drivers of an investment's value.Mh Elite Small Systematic Risk
Mh Elite's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mh Elite 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Mh Elite Small correlated with the market. If Beta is less than 0 Mh Elite generally moves in the opposite direction as compared to the market. If Mh Elite Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mh Elite Small is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mh Elite is generally in the same direction as the market. If Beta > 1 Mh Elite moves generally in the same direction as, but more than the movement of the benchmark.
Mh Elite December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mh Elite help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mh Elite Small. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mh Elite Small based on widely used predictive technical indicators. In general, we focus on analyzing MHELX Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mh Elite's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.0091 | |||
| Maximum Drawdown | 5.74 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.94 |
Other Information on Investing in MHELX Mutual Fund
Mh Elite financial ratios help investors to determine whether MHELX 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 MHELX with respect to the benefits of owning Mh Elite security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |