Usaa Virginia Bond Fund Fundamentals
| UVAIX Fund | USD 10.68 0.04 0.38% |
Usaa Virginia Bond fundamentals help investors to digest information that contributes to Usaa Virginia's financial success or failures. It also enables traders to predict the movement of Usaa Mutual Fund. The fundamental analysis module provides a way to measure Usaa Virginia'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 Usaa Virginia mutual fund.
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Usaa Virginia Bond Mutual Fund Net Asset Analysis
Usaa Virginia's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Usaa Virginia Net Asset | 570.77 M |
Most of Usaa Virginia's fundamental indicators, such as Net Asset, 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, Usaa Virginia Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Usaa Virginia Bond has a Net Asset of 570.77 M. This is much higher than that of the Victory Capital family and significantly higher than that of the Muni Single State Interm category. The net asset for all United States funds is notably lower than that of the firm.
Usaa Virginia Bond Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Usaa Virginia's current stock value. Our valuation model uses many indicators to compare Usaa Virginia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Usaa Virginia competition to find correlations between indicators driving Usaa Virginia's intrinsic value. More Info.Usaa Virginia Bond is presently regarded as number one fund in net asset among similar funds. It also is presently regarded as number one fund in last dividend paid among similar funds . The ratio of Net Asset to Last Dividend Paid for Usaa Virginia Bond is about 28,538,500,000 . 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 Usaa Virginia's earnings, one of the primary drivers of an investment's value.Usaa Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Usaa Virginia's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Usaa Virginia could also be used in its relative valuation, which is a method of valuing Usaa Virginia by comparing valuation metrics of similar companies.Usaa Virginia is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Usaa Virginia
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Usaa Virginia'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.
Usaa Fundamentals
| Total Asset | 570.77 M | |||
| Net Asset | 570.77 M | |||
| Last Dividend Paid | 0.02 | |||
| Cash Position Weight | 0.08 % | |||
| Bond Positions Weight | 5.41 % |
About Usaa Virginia Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Usaa Virginia Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Usaa Virginia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Usaa Virginia Bond 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 primarily in long-term investment-grade securities issued by the Commonwealth of Virginia, its political subdivisions, instrumentalities, and by other government entities, the interest on which is excludable from gross income for federal income tax and Virginia state income tax purposes. At least 80 percent of the funds net assets will consist of Virginia tax-exempt securities. The funds dollar-weighted average portfolio maturity is not restricted, but is expected to be greater than 10 years.
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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 Usaa Mutual Fund
Usaa Virginia financial ratios help investors to determine whether Usaa 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 Usaa with respect to the benefits of owning Usaa Virginia security.
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