Power Momentum Financials
| MOJAX Fund | USD 15.03 0.13 0.86% |
Power |
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.
Power Momentum Fund Summary
Power Momentum competes with Ab Small, The Hartford, Heartland Value, Artisan Small, and Small-midcap Dividend. The adviser seeks to achieve the funds objectives by seeking to track the FCF Risk Managed Sector Neutral Momentum Index that provides a formulaic methodology for allocating investments between securities of issuers who demonstrate higher free cash flow and positive momentum and short-term treasuries. The index and the fund will allocate 100 percent to the equity portfolio when the shorter-term exponential moving average indicator is in a bullish position.Specialization | Tactical Allocation, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Northern Lights |
| Mutual Fund Family | Donoghue Forlines LLC |
| Mutual Fund Category | Tactical Allocation |
| Benchmark | Dow Jones Industrial |
| Phone | 877 779 7462 |
| Currency | USD - US Dollar |
Power Momentum Key Financial Ratios
Power Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Power Momentum's current stock value. Our valuation model uses many indicators to compare Power Momentum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Power Momentum competition to find correlations between indicators driving Power Momentum's intrinsic value. More Info.Power Momentum Index is number one fund in year to date return among similar funds. It also is number one fund in one year return among similar funds reporting about 1.25 of One Year Return per Year To Date Return. 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 Power Momentum's earnings, one of the primary drivers of an investment's value.Power Momentum Index Systematic Risk
Power Momentum's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Power Momentum 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Power Momentum Index correlated with the market. If Beta is less than 0 Power Momentum generally moves in the opposite direction as compared to the market. If Power Momentum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Power Momentum Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Power Momentum is generally in the same direction as the market. If Beta > 1 Power Momentum moves generally in the same direction as, but more than the movement of the benchmark.
Power Momentum November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Power Momentum help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Power Momentum Index. We use our internally-developed statistical techniques to arrive at the intrinsic value of Power Momentum Index based on widely used predictive technical indicators. In general, we focus on analyzing Power Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Power Momentum's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.7 |
Other Information on Investing in Power Mutual Fund
Power Momentum financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Momentum security.
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