American Century High Yield Municipal Fund Q2 2024 Commentary - Seeking Alpha
OIOAX Fund | USD 16.95 0.04 0.24% |
Slightly above 62% of Orinda Income's investor base is looking to short. The analysis of overall sentiment of trading Orinda Income Opportunities mutual fund suggests that many investors are alarmed at this time. Orinda Income's investing sentiment can be driven by a variety of factors including economic data, Orinda Income's earnings reports, geopolitical events, and overall market trends.
Orinda |
American Century High Yield Municipal Fund Q2 2024 Commentary Seeking Alpha
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Orinda Income Fundamental Analysis
We analyze Orinda Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orinda Income using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orinda 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.
Price To Book
Price To Book Comparative Analysis
Orinda Income is rated below average in price to book among similar funds. 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.
Orinda Income Opport Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Orinda Income mutual fund to make a market-neutral strategy. Peer analysis of Orinda Income could also be used in its relative valuation, which is a method of valuing Orinda Income by comparing valuation metrics with similar companies.
Peers
Orinda Income Related Equities
PGTAX | Putnam Global | 0.84 | ||||
ADX | Adams Diversified | 0.53 | ||||
AXVIX | Acclivity Small | 0.52 | ||||
GSCYX | Small Cap | 0.39 | ||||
JDBRX | Janus Balanced | 0.21 | ||||
VWEAX | Vanguard High-yield | 0.00 | ||||
JFRNX | Janus Forty | 0.00 | ||||
OIOAX | Orinda Income | 0.24 | ||||
OIODX | Orinda Income | 0.24 | ||||
OIOIX | Orinda Income | 0.29 |
Other Information on Investing in Orinda Mutual Fund
Orinda Income financial ratios help investors to determine whether Orinda 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 Orinda with respect to the benefits of owning Orinda Income security.
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