Ultimus Managers Trust Fund Price To Book
| INVTX Fund | USD 22.10 0.05 0.23% |
Ultimus Managers Trust fundamentals help investors to digest information that contributes to Ultimus Managers' financial success or failures. It also enables traders to predict the movement of Ultimus Mutual Fund. The fundamental analysis module provides a way to measure Ultimus Managers' 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 Ultimus Managers mutual fund.
Ultimus |
Ultimus Managers Trust Mutual Fund Price To Book Analysis
Ultimus Managers' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Ultimus Managers Trust has a Price To Book of 0.0 times. This indicator is about the same for the Evolutionary Tree average (which is currently at 0.0) family and about the same as Large Growth (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Ultimus Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ultimus Managers' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Ultimus Managers could also be used in its relative valuation, which is a method of valuing Ultimus Managers by comparing valuation metrics of similar companies.Ultimus Managers is currently under evaluation in price to book among similar funds.
About Ultimus Managers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ultimus Managers Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ultimus Managers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ultimus Managers Trust 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 Ultimus Mutual Fund
Ultimus Managers financial ratios help investors to determine whether Ultimus 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 Ultimus with respect to the benefits of owning Ultimus Managers security.
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