T. Rowe Prices October AUM Balance Declines 1.5 percent Sequentially
| SGLIX Fund | USD 40.44 0.13 0.32% |
Slightly above 65% of Summit Global's investor base is looking to short. The analysis of overall sentiment of trading Summit Global Investments mutual fund suggests that many investors are alarmed at this time. Summit Global's investing sentiment can be driven by a variety of factors including economic data, Summit Global's earnings reports, geopolitical events, and overall market trends.
Summit |
TROW reports an AUM of 1.61 trillion at the end of October 2024, increasing 1.5 percent from the previous month.
Read at zacks.com
 |
Summit Global Fundamental Analysis
We analyze Summit Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Global 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.
Annual Yield
Annual Yield Comparative Analysis
Summit Global is currently under evaluation in annual yield among similar funds. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Summit Global Investments 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 Summit Global mutual fund to make a market-neutral strategy. Peer analysis of Summit Global could also be used in its relative valuation, which is a method of valuing Summit Global by comparing valuation metrics with similar companies.
Peers
Summit Global Related Equities
| SGICX | Summit Global | 0.46 | ||||
| SILVX | Summit Global | 0.44 | ||||
| LVOLX | Summit Global | 0.44 |
Other Information on Investing in Summit Mutual Fund
Summit Global financial ratios help investors to determine whether Summit 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 Summit with respect to the benefits of owning Summit Global security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |