The Stock Market Looks Temporarily Exhausted
| SMIFX Fund | USD 10.51 0.05 0.48% |
Slightly above 53% of Sound Mind's investor base is interested to short. The analysis of overall sentiment of trading Sound Mind Investing mutual fund suggests that many investors are impartial 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 |
It is more of a stock pickers market than usual as momentum factors are currently exaggerated, which is fine by me.
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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.
Five Year Return
Five Year Return Comparative Analysis
Sound Mind is currently under evaluation in five year return among similar funds. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
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
| QNZIX | Aqr Sustainable | 0.67 | ||||
| SUSAX | Siit Ultra | 0.10 | ||||
| AOUNX | Angel Oak | 0.10 | ||||
| RSDIX | Rbc Short | 0.10 | ||||
| SWSFX | Ultra-short Fixed | 0.1 | ||||
| GTLSX | Quantitative Longshort | 0.07 |
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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