Global Hard Assets Fund Price To Earning
GHAAX Fund | USD 40.59 0.24 0.59% |
Global Hard Assets fundamentals help investors to digest information that contributes to Global Hard's financial success or failures. It also enables traders to predict the movement of Global Mutual Fund. The fundamental analysis module provides a way to measure Global Hard'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 Global Hard mutual fund.
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Global Hard Assets Mutual Fund Price To Earning Analysis
Global Hard's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Global Hard Price To Earning | 32.35 X |
Most of Global Hard's fundamental indicators, such as Price To Earning, 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, Global Hard Assets is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Global Hard Assets has a Price To Earning of 32.35 times. This is much higher than that of the VanEck family and significantly higher than that of the Natural Resources category. The price to earning for all United States funds is notably lower than that of the firm.
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Fund Asset Allocation for Global Hard
The fund consists of 96.4% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Global Hard'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.
Global Fundamentals
Price To Earning | 32.35 X | |||
Price To Book | 1.65 X | |||
Price To Sales | 1.64 X | |||
Total Asset | 119.91 M | |||
Annual Yield | 0.02 % | |||
Year To Date Return | 5.63 % | |||
One Year Return | 10.56 % | |||
Three Year Return | 2.51 % | |||
Five Year Return | 11.16 % | |||
Ten Year Return | (5.07) % | |||
Net Asset | 791.36 M | |||
Last Dividend Paid | 0.18 | |||
Cash Position Weight | 3.60 % | |||
Equity Positions Weight | 96.40 % |
About Global Hard Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Hard Assets's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Hard using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Hard Assets 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.
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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 Global Mutual Fund
Global Hard financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Hard security.
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