Parametric Tax Managed International Fund Fundamentals
| ETIGX Fund | USD 12.44 0.00 0.00% |
Parametric Tax Managed International fundamentals help investors to digest information that contributes to Parametric Tax-managed'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 Tax-managed'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 Tax-managed mutual fund.
Parametric |
Parametric Tax Managed International Mutual Fund Annual Yield Analysis
Parametric Tax-managed's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Parametric Tax-managed Annual Yield | 0.02 % |
Most of Parametric Tax-managed's fundamental indicators, such as Annual Yield, 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 Tax Managed International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Parametric Tax Managed International has an Annual Yield of 0.0238%. This is much higher than that of the Eaton Vance family and significantly higher than that of the Foreign Large Blend category. The annual yield for all United States funds is notably lower than that of the firm.
Parametric Tax Managed Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Parametric Tax-managed's current stock value. Our valuation model uses many indicators to compare Parametric Tax-managed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parametric Tax-managed competition to find correlations between indicators driving Parametric Tax-managed's intrinsic value. More Info.Parametric Tax Managed International 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 fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Parametric Tax Managed International is roughly 10.22 . 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 Tax-managed's earnings, one of the primary drivers of an investment's value.Parametric Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parametric Tax-managed's direct or indirect competition against its Annual Yield 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 Tax-managed could also be used in its relative valuation, which is a method of valuing Parametric Tax-managed by comparing valuation metrics of similar companies.Parametric Tax is currently under evaluation in annual yield among similar funds.
Fund Asset Allocation for Parametric Tax-managed
The fund invests 99.66% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.23%) and various exotic instruments (0.11%).Asset allocation divides Parametric Tax-managed'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.
Parametric Fundamentals
| Price To Earning | 17.06 X | |||
| Price To Book | 1.67 X | |||
| Price To Sales | 0.99 X | |||
| Total Asset | 17.98 M | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 2.15 % | |||
| One Year Return | 8.82 % | |||
| Three Year Return | (0.63) % | |||
| Five Year Return | 3.63 % | |||
| Ten Year Return | 5.04 % | |||
| Net Asset | 37.24 M | |||
| Cash Position Weight | 0.23 % | |||
| Equity Positions Weight | 99.66 % |
About Parametric Tax-managed Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parametric Tax Managed International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parametric Tax-managed using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parametric Tax Managed International 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.Under normal market conditions, the fund invests at least 80 percent of its net assets in a diversified portfolio of equity securities . It invests primarily in companies domiciled in developed markets outside of the United States, including securities trading in the form of depositary receipts,such as ADRs,which are either sponsored or unsponsored and GDRs. The fund invests primarily in common stocks issued by companies domiciled in countries represented in the MSCI EAFE Index.
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 Parametric Mutual Fund
Parametric Tax-managed 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 Tax-managed security.
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