Parametric Modity Strategy Fund Fundamentals
| EAPCX Fund | USD 6.48 0.01 0.15% |
Parametric Modity Strategy fundamentals help investors to digest information that contributes to Parametric Commodity's financial success or failures. It also enables traders to predict the movement of Parametric Mutual Fund. The fundamental analysis module provides a way to measure Parametric Commodity'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 Parametric Commodity mutual fund.
Parametric |
Parametric Modity Strategy Mutual Fund Three Year Return Analysis
Parametric Commodity's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Parametric Commodity Three Year Return | 6.94 % |
Most of Parametric Commodity's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parametric Modity Strategy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Parametric Modity Strategy has a Three Year Return of 6.9432%. This is much higher than that of the Eaton Vance family and significantly higher than that of the Commodities Broad Basket category. The three year return for all United States funds is notably lower than that of the firm.
Parametric Commodity Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Parametric Commodity's current stock value. Our valuation model uses many indicators to compare Parametric Commodity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parametric Commodity competition to find correlations between indicators driving Parametric Commodity's intrinsic value. More Info.Parametric Modity Strategy is rated # 4 fund in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about 105,802 of Year To Date Return per Annual Yield. 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 Parametric Commodity's earnings, one of the primary drivers of an investment's value.Parametric Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parametric Commodity's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Parametric Commodity could also be used in its relative valuation, which is a method of valuing Parametric Commodity by comparing valuation metrics of similar companies.Parametric Modity is currently under evaluation in three year return among similar funds.
Parametric Fundamentals
| Total Asset | 120.78 M | ||||
| Annual Yield | 0.0001 % | ||||
| Year To Date Return | 10.58 % | ||||
| One Year Return | 8.79 % | ||||
| Three Year Return | 6.94 % | ||||
| Five Year Return | 12.08 % | ||||
| Net Asset | 1.41 B | ||||
| Last Dividend Paid | 0.16 | ||||
| Cash Position Weight | (82.08) % |
About Parametric Commodity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parametric Modity Strategy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parametric Commodity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parametric Modity Strategy 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.The fund invests primarily in commodity-linked derivative instruments backed by a portfolio of fixed-income securities. The funds portfolio of fixed-income securities is generally comprised of U.S. Treasury securities and money market instruments. The average portfolio duration of the funds fixed-income portfolio will vary and under normal market conditions is not expected to exceed one year. Commodity-linked derivative instruments include commodity index-linked swap agreements, futures, and commodity linked notes.
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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 Parametric Mutual Fund
Parametric Commodity financial ratios help investors to determine whether Parametric 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 Parametric with respect to the benefits of owning Parametric Commodity security.
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