Equable Shares Large Fund Fundamentals
| EQLIX Fund | USD 29.33 0.03 0.10% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Equable Shares' long-term financial health and intrinsic value.
Equable |
Equable Shares Large Mutual Fund Three Year Return Analysis
Equable Shares' 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 Equable Shares Three Year Return | 10.33 % |
Most of Equable Shares' 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, Equable Shares Large 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, Equable Shares Large has a Three Year Return of 10.3328%. This is much higher than that of the Equable Shares family and significantly higher than that of the Three Year Return category. The three year return for all United States funds is notably lower than that of the firm.
Equable Shares Large Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Equable Shares's current stock value. Our valuation model uses many indicators to compare Equable Shares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Equable Shares competition to find correlations between indicators driving Equable Shares's intrinsic value. More Info.Equable Shares Large is rated below average in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about 1,074 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 Equable Shares' earnings, one of the primary drivers of an investment's value.Equable Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equable Shares' 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 Equable Shares could also be used in its relative valuation, which is a method of valuing Equable Shares by comparing valuation metrics of similar companies.Equable Shares is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Equable Shares
The fund consists of 88.94% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Equable Shares' 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.
Equable Fundamentals
| Annual Yield | 0 % | |||
| Year To Date Return | 5.05 % | |||
| One Year Return | 10.59 % | |||
| Three Year Return | 10.33 % | |||
| Five Year Return | 8.27 % | |||
| Net Asset | 142.58 M | |||
| Minimum Initial Investment | 100 K | |||
| Last Dividend Paid | 0.05 | |||
| Cash Position Weight | 11.06 % | |||
| Equity Positions Weight | 88.94 % |
About Equable Shares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equable Shares Large's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equable Shares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equable Shares Large 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 seeks to achieve its investment objective by investing in equity securities of U.S. issuers based on the SP 500 Index while hedging overall market exposure by writing exchange traded call options based on the same securities. Equable Shares is traded on BATS Exchange in the United States.
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Other Information on Investing in Equable Mutual Fund
Equable Shares financial ratios help investors to determine whether Equable 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 Equable with respect to the benefits of owning Equable Shares security.
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