Third Avenue Financials
| TVFVX Fund | USD 65.05 0.01 0.02% |
Third |
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.
Third Avenue Fund Summary
Third Avenue competes with Third Avenue, Third Avenue, Smead Value, Baron Focused, and Schwartz Value. The fund seeks to achieve its objective mainly by acquiring common stocks of well-financed companies at a discount to what the Adviser believes is their intrinsic value. It may invest in companies of any market capitalization and across all industries. The fund may also acquire senior securities, such as convertible securities, preferred stocks and debt instruments, that the Adviser believes are undervalued. It also invests in both domestic and foreign securities.Specialization | World Small/Mid Stock, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Third Avenue Trust |
| Mutual Fund Family | Third Avenue |
| Mutual Fund Category | World Small/Mid Stock |
| Benchmark | Dow Jones Industrial |
| Phone | 800 443 1021 |
| Currency | USD - US Dollar |
Third Avenue Key Financial Ratios
Third Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Third Avenue's current stock value. Our valuation model uses many indicators to compare Third Avenue value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Third Avenue competition to find correlations between indicators driving Third Avenue's intrinsic value. More Info.Third Avenue Value is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Third Avenue Value is roughly 12.87 . 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 Third Avenue's earnings, one of the primary drivers of an investment's value.Third Avenue Value Systematic Risk
Third Avenue's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Third Avenue 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Third Avenue Value correlated with the market. If Beta is less than 0 Third Avenue generally moves in the opposite direction as compared to the market. If Third Avenue Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Third Avenue Value is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Third Avenue is generally in the same direction as the market. If Beta > 1 Third Avenue moves generally in the same direction as, but more than the movement of the benchmark.
Third Avenue November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Third Avenue help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Third Avenue Value. We use our internally-developed statistical techniques to arrive at the intrinsic value of Third Avenue Value based on widely used predictive technical indicators. In general, we focus on analyzing Third Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Third Avenue's daily price indicators and compare them against related drivers.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 4.25 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.56 |
Other Information on Investing in Third Mutual Fund
Third Avenue financial ratios help investors to determine whether Third 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 Third with respect to the benefits of owning Third Avenue security.
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