Allspring Utilities And Fund Fundamentals
| ERH Fund | USD 11.05 0.03 0.27% |
Allspring Utilities And fundamentals help investors to digest information that contributes to Allspring Utilities' financial success or failures. It also enables traders to predict the movement of Allspring Fund. The fundamental analysis module provides a way to measure Allspring Utilities' 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 Allspring Utilities fund.
Allspring |
Allspring Utilities And Fund Beta Analysis
Allspring Utilities' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Allspring Utilities Beta | 0.84 |
Most of Allspring Utilities' fundamental indicators, such as Beta, 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, Allspring Utilities And is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Allspring Utilities And has a Beta of 0.84. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
Allspring Utilities And Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Allspring Utilities's current stock value. Our valuation model uses many indicators to compare Allspring Utilities value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allspring Utilities competition to find correlations between indicators driving Allspring Utilities's intrinsic value. More Info.Allspring Utilities And is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds . The ratio of Price To Earning to Price To Book for Allspring Utilities And is about 921.49 . 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 Allspring Utilities' earnings, one of the primary drivers of an investment's value.Allspring Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allspring Utilities' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Allspring Utilities could also be used in its relative valuation, which is a method of valuing Allspring Utilities by comparing valuation metrics of similar companies.Allspring Utilities is currently under evaluation in beta among similar funds.
As returns on the market increase, Allspring Utilities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Allspring Utilities is expected to be smaller as well.
Allspring Fundamentals
| Return On Equity | 15.86 | ||||
| Return On Asset | 1.92 | ||||
| Profit Margin | 330.26 % | ||||
| Operating Margin | 80.21 % | ||||
| Current Valuation | 132.14 M | ||||
| Shares Outstanding | 9.29 M | ||||
| Shares Owned By Insiders | 0.08 % | ||||
| Shares Owned By Institutions | 9.22 % | ||||
| Number Of Shares Shorted | 16.88 K | ||||
| Price To Earning | 893.85 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 19.74 X | ||||
| Revenue | 5.47 M | ||||
| Gross Profit | 5.36 M | ||||
| Net Income | 18.05 M | ||||
| Cash And Equivalents | 47.87 K | ||||
| Total Debt | 30 M | ||||
| Debt To Equity | 0.25 % | ||||
| Current Ratio | 0.06 X | ||||
| Book Value Per Share | 12.00 X | ||||
| Cash Flow From Operations | 2.95 M | ||||
| Short Ratio | 0.75 X | ||||
| Earnings Per Share | 0.01 X | ||||
| Number Of Employees | 13 | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 123.6 M | ||||
| Total Asset | 271.62 M | ||||
| Retained Earnings | (4.32 M) | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 23.76 % | ||||
| One Year Return | 29.30 % | ||||
| Three Year Return | 5.69 % | ||||
| Five Year Return | 6.89 % | ||||
| Last Dividend Paid | 0.91 |
About Allspring Utilities Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allspring Utilities And's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allspring Utilities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allspring Utilities And based on its fundamental data. In general, a quantitative approach, as applied to this 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.Allspring Utilities and High Income Fund is a closed-ended balanced mutual fund launched and managed by Wells Fargo Funds Management LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity and fixed income markets of the United States. It primarily invests in stocks of companies across all market capitalizations operating in utility sector including water, gas, electric, and telecommunications companies. For the fixed income component of its portfolio the fund seeks to invest in non-investment grade securities. Allspring Utilities and High Income Fund was formed on April 28, 2004 and is domiciled in the United States.
Currently Active Assets on Macroaxis
Other Information on Investing in Allspring Fund
Allspring Utilities financial ratios help investors to determine whether Allspring 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 Allspring with respect to the benefits of owning Allspring Utilities security.
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