Short Duration Income Fund Fundamentals
| WEFIX Fund | USD 11.96 0.01 0.08% |
Short Duration Income fundamentals help investors to digest information that contributes to Short Duration's financial success or failures. It also enables traders to predict the movement of Short Mutual Fund. The fundamental analysis module provides a way to measure Short Duration'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 Short Duration mutual fund.
Short |
Short Duration Income Mutual Fund One Year Return Analysis
Short Duration'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% |
Current Short Duration One Year Return | 6.80 % |
Most of Short Duration's fundamental indicators, such as One Year Return, 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, Short Duration Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the recorded statements, Short Duration Income has an One Year Return of 6.7979%. This is much higher than that of the Weitz family and significantly higher than that of the Short-Term Bond category. The one year return for all United States funds is notably lower than that of the firm.
Short Duration Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Short Duration's current stock value. Our valuation model uses many indicators to compare Short Duration value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Short Duration competition to find correlations between indicators driving Short Duration's intrinsic value. More Info.Short Duration Income is rated fifth in price to earning among similar funds. It is rated fifth in price to book among similar funds fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Short Duration Income is roughly 14.18 . 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 Short Duration's earnings, one of the primary drivers of an investment's value.Short One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Short Duration'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 Short Duration could also be used in its relative valuation, which is a method of valuing Short Duration by comparing valuation metrics of similar companies.Short Duration is rated fifth in one year return among similar funds.
Fund Asset Allocation for Short Duration
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 Short Duration'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.
Short Fundamentals
| Price To Earning | 12.62 X | ||||
| Price To Book | 0.89 X | ||||
| Price To Sales | 4.46 X | ||||
| Total Asset | 730.8 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 5.03 % | ||||
| One Year Return | 6.80 % | ||||
| Three Year Return | 2.77 % | ||||
| Five Year Return | 2.61 % | ||||
| Ten Year Return | 2.19 % | ||||
| Net Asset | 772.87 M | ||||
| Last Dividend Paid | 0.05 | ||||
| Cash Position Weight | 6.60 % | ||||
| Bond Positions Weight | 1.76 % |
About Short Duration Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Short Duration Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Short Duration using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Short Duration 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.Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in debt securities. These debt securities may include U.S. government securities , corporate debt securities, other mortgage-backed securities, asset-backed securities and securities issued by foreign governments, which may include sovereign debt.
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 Short Mutual Fund
Short Duration financial ratios help investors to determine whether Short 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 Short with respect to the benefits of owning Short Duration security.
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