Red Oak Technology Fund Fundamentals
| ROGSX Fund | USD 48.51 0.08 0.17% |
Red Oak Technology fundamentals help investors to digest information that contributes to Red Oak's financial success or failures. It also enables traders to predict the movement of Red Mutual Fund. The fundamental analysis module provides a way to measure Red Oak'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 Red Oak mutual fund.
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Red Oak Technology Mutual Fund Price To Earning Analysis
Red Oak'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 Red Oak Price To Earning | 19.70 X |
Most of Red Oak'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, Red Oak Technology 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.
| Competition |
Based on the latest financial disclosure, Red Oak Technology has a Price To Earning of 19.7 times. This is much higher than that of the Oak Associates family and significantly higher than that of the Technology category. The price to earning for all United States funds is notably lower than that of the firm.
Red Oak Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Red Oak's current stock value. Our valuation model uses many indicators to compare Red Oak value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Red Oak competition to find correlations between indicators driving Red Oak's intrinsic value. More Info.Red Oak Technology is rated fourth largest fund in price to earning among similar funds. It also is rated fourth largest fund in price to book among similar funds fabricating about 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Red Oak Technology is roughly 5.97 . 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 Red Oak's earnings, one of the primary drivers of an investment's value.Red Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Red Oak'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 Red Oak could also be used in its relative valuation, which is a method of valuing Red Oak by comparing valuation metrics of similar companies.Red Oak is currently under evaluation in price to earning among similar funds.
Fund Asset Allocation for Red Oak
The fund consists of 98.13% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Red Oak'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.
Red Fundamentals
| Price To Earning | 19.70 X | |||
| Price To Book | 3.30 X | |||
| Price To Sales | 1.30 X | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 21.59 % | |||
| One Year Return | 29.38 % | |||
| Three Year Return | 8.24 % | |||
| Five Year Return | 14.94 % | |||
| Ten Year Return | 17.76 % | |||
| Net Asset | 529.55 M | |||
| Minimum Initial Investment | 2 K | |||
| Last Dividend Paid | 0.12 | |||
| Cash Position Weight | 1.87 % | |||
| Equity Positions Weight | 98.13 % |
About Red Oak Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Red Oak Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Red Oak using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Red Oak Technology 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 will invest at least 80 percent of its net assets, under normal circumstances, in equity securities of companies operating in the technology sector, as determined by the Adviser. It invests primarily in common stocks of U.S. companies, but may, to a lesser extent, invest in equity REITs, common stocks of foreign companies and American Depositary Receipts that meet the investment criteria of the fund.
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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 Red Mutual Fund
Red Oak financial ratios help investors to determine whether Red 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 Red with respect to the benefits of owning Red Oak security.
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