Multi Manager High Yield Fund Fundamentals
| NMHYX Fund | USD 8.52 0.01 0.12% |
Multi Manager High Yield fundamentals help investors to digest information that contributes to Multi Manager's financial success or failures. It also enables traders to predict the movement of Multi Mutual Fund. The fundamental analysis module provides a way to measure Multi Manager'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 Multi Manager mutual fund.
Multi |
Multi Manager High Yield Mutual Fund Price To Book Analysis
Multi Manager's 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.
Current Multi Manager Price To Book | 0.19 X |
Most of Multi Manager's fundamental indicators, such as Price To Book, 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, Multi Manager High Yield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Multi Manager High Yield has a Price To Book of 0.19 times. This is much higher than that of the Northern Funds family and significantly higher than that of the High Yield Bond category. The price to book for all United States funds is notably lower than that of the firm.
Multi Manager High Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Multi Manager's current stock value. Our valuation model uses many indicators to compare Multi Manager value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Multi Manager competition to find correlations between indicators driving Multi Manager's intrinsic value. More Info.Multi Manager High Yield is regarded third largest fund in price to book among similar funds. It also is regarded third largest fund in price to sales among similar funds fabricating about 0.95 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Multi Manager High Yield is roughly 1.06 . 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 Multi Manager's earnings, one of the primary drivers of an investment's value.Multi Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Multi Manager's 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 Multi Manager could also be used in its relative valuation, which is a method of valuing Multi Manager by comparing valuation metrics of similar companies.Multi Manager is currently under evaluation in price to book among similar funds.
Fund Asset Allocation for Multi Manager
The fund consists of 94.97% investments in fixed income securities, with the rest of funds allocated in stocks, cash and various exotic instruments.Asset allocation divides Multi Manager'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.
Multi Fundamentals
| Price To Book | 0.19 X | ||||
| Price To Sales | 0.18 X | ||||
| Annual Yield | 0.07 % | ||||
| Year To Date Return | 6.73 % | ||||
| One Year Return | 12.51 % | ||||
| Three Year Return | 2.95 % | ||||
| Five Year Return | 4.73 % | ||||
| Ten Year Return | 5.32 % | ||||
| Net Asset | 209.48 M | ||||
| Minimum Initial Investment | 2.5 K | ||||
| Last Dividend Paid | 0.04 | ||||
| Cash Position Weight | 0.02 % | ||||
| Equity Positions Weight | 4.20 % | ||||
| Bond Positions Weight | 94.97 % |
About Multi Manager Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Multi Manager High Yield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Multi Manager using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Multi Manager High Yield 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.The fund invests at least 80 percent of its net assets in bonds and other fixed-income securities that are rated below investment grade . The adviser utilizes a multi-manager approach whereby the funds assets are allocated to one or more sub-advisers, in percentages determined at the discretion of the funds investment adviser. Although the fund primarily invests in the debt obligations of domestic issuers, it may invest in debt obligations of foreign issuers.
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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 Multi Mutual Fund
Multi Manager financial ratios help investors to determine whether Multi 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 Multi with respect to the benefits of owning Multi Manager security.
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