Commonwealth Global Fund EBITDA
CNGLX Fund | USD 21.81 0.06 0.27% |
Commonwealth Global Fund fundamentals help investors to digest information that contributes to Commonwealth Global's financial success or failures. It also enables traders to predict the movement of Commonwealth Mutual Fund. The fundamental analysis module provides a way to measure Commonwealth Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Commonwealth Global mutual fund.
Commonwealth |
Commonwealth Global Fund Mutual Fund EBITDA Analysis
Commonwealth Global's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition |
According to the company disclosure, Commonwealth Global Fund reported earnings before interest,tax, depreciation and amortization of 0.0. This indicator is about the same for the Commonwealth Intl Series Tr average (which is currently at 0.0) family and about the same as World Large-Stock Blend (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Did you try this?
Run Portfolio Backtesting Now
Portfolio BacktestingAvoid under-diversification and over-optimization by backtesting your portfolios |
All Next | Launch Module |
Fund Asset Allocation for Commonwealth Global
The fund invests 99.15% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.85%) .Asset allocation divides Commonwealth Global's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Commonwealth Fundamentals
Price To Earning | 16.70 X | ||||
Price To Book | 1.50 X | ||||
Price To Sales | 1.10 X | ||||
Year To Date Return | 12.02 % | ||||
One Year Return | 16.94 % | ||||
Three Year Return | 1.90 % | ||||
Five Year Return | 6.40 % | ||||
Ten Year Return | 3.61 % | ||||
Net Asset | 16.49 M | ||||
Minimum Initial Investment | 200 | ||||
Cash Position Weight | 0.85 % | ||||
Equity Positions Weight | 99.15 % |
About Commonwealth Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Commonwealth Global Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commonwealth Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commonwealth Global Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Commonwealth Mutual Fund
Commonwealth Global financial ratios help investors to determine whether Commonwealth 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 Commonwealth with respect to the benefits of owning Commonwealth Global security.
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |