Meridian Equity Income Fund Price To Earning
MRCEX Fund | USD 14.13 0.01 0.07% |
Meridian Equity Income fundamentals help investors to digest information that contributes to Meridian Equity's financial success or failures. It also enables traders to predict the movement of Meridian Mutual Fund. The fundamental analysis module provides a way to measure Meridian Equity'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 Meridian Equity mutual fund.
Meridian |
Meridian Equity Income Mutual Fund Price To Earning Analysis
Meridian Equity'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.
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.
Competition |
Based on the latest financial disclosure, Meridian Equity Income has a Price To Earning of 0.0 times. This indicator is about the same for the Meridian average (which is currently at 0.0) family and about the same as Options Trading (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Meridian Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Meridian Equity's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Meridian Equity could also be used in its relative valuation, which is a method of valuing Meridian Equity by comparing valuation metrics of similar companies.Meridian Equity is currently under evaluation in price to earning among similar funds.
Fund Asset Allocation for Meridian Equity
The fund consists of 97.91% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Meridian Equity'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.
Meridian Fundamentals
Total Asset | 47.4 M | ||||
Year To Date Return | 13.06 % | ||||
One Year Return | 18.79 % | ||||
Three Year Return | 2.68 % | ||||
Five Year Return | 10.10 % | ||||
Ten Year Return | 12.88 % | ||||
Net Asset | 68.66 M | ||||
Cash Position Weight | 0.73 % | ||||
Equity Positions Weight | 97.91 % |
About Meridian Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Meridian Equity Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Meridian Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Meridian Equity Income 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.
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 Meridian Mutual Fund
Meridian Equity financial ratios help investors to determine whether Meridian 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 Meridian with respect to the benefits of owning Meridian Equity security.
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