Sprucegrove International Equity Fund One Year Return
| SPRDX Fund | USD 64.87 0.04 0.06% |
Sprucegrove International Equity fundamentals help investors to digest information that contributes to Sprucegrove International's financial success or failures. It also enables traders to predict the movement of Sprucegrove Mutual Fund. The fundamental analysis module provides a way to measure Sprucegrove International'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 Sprucegrove International mutual fund.
Sprucegrove |
Sprucegrove International Equity Mutual Fund One Year Return Analysis
Sprucegrove International's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Sprucegrove International Equity has an One Year Return of 0.0%. This indicator is about the same for the Sprucegrove Investment Management Ltd average (which is currently at 0.0) family and about the same as Foreign Large Value (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Sprucegrove One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sprucegrove International's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Sprucegrove International could also be used in its relative valuation, which is a method of valuing Sprucegrove International by comparing valuation metrics of similar companies.Sprucegrove International is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Sprucegrove International
The fund consists of 92.57% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Sprucegrove International'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.
Sprucegrove Fundamentals
| Total Asset | 140.8 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 148.26 M | ||||
| Minimum Initial Investment | 10 K | ||||
| Cash Position Weight | 7.43 % | ||||
| Equity Positions Weight | 92.57 % |
About Sprucegrove International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sprucegrove International Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sprucegrove International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sprucegrove International Equity 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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Other Information on Investing in Sprucegrove Mutual Fund
Sprucegrove International financial ratios help investors to determine whether Sprucegrove 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 Sprucegrove with respect to the benefits of owning Sprucegrove International security.
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