Princeton Global Asset Management LLC Increases Stock Position in iShares Russell 2000 Value ETF
| SMIFX Fund | USD 9.97 0.01 0.10% |
Slightly above 62% of Sound Mind's investor base is looking to short. The analysis of overall sentiment of trading Sound Mind Investing mutual fund suggests that many investors are alarmed at this time. Sound Mind's investing sentiment can be driven by a variety of factors including economic data, Sound Mind's earnings reports, geopolitical events, and overall market trends.
Sound |
Princeton Global Asset Management LLC increased its position in shares of iShares Russell 2000 Value ETF by 3,760.0 percent during the 3rd quarter, Holdings Channel reports. The firm owned 772 shares of the companys stock after purchasing an additional 752 shares during the quarter. Princeton Global Asset Management LLCs holdings in iShares
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Sound Mind Fundamental Analysis
We analyze Sound Mind's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sound Mind using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sound Mind 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 Earning
Price To Earning Comparative Analysis
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Sound Mind Investing 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 Sound Mind mutual fund to make a market-neutral strategy. Peer analysis of Sound Mind could also be used in its relative valuation, which is a method of valuing Sound Mind by comparing valuation metrics with similar companies.
Peers
Sound Mind Related Equities
| ACASX | Access Capital | 0.66 | ||||
| USGFX | Us Government | 0.51 | ||||
| SMAAX | Aig Government | 0.30 | ||||
| VSIGX | Vanguard Intermediate-ter | 0.20 | ||||
| FCSCX | Franklin Adjustable | 0.13 | ||||
| LOISX | Lord Abbett | 0.1 | ||||
| ATOAX | Alpine Ultra | 0.00 |
Other Information on Investing in Sound Mutual Fund
Sound Mind financial ratios help investors to determine whether Sound 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 Sound with respect to the benefits of owning Sound Mind security.
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