Mh Elite Price To Earning vs. Bond Positions Weight
| MHEFX Fund | USD 9.50 0.03 0.31% |
For Mh Elite profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mh Elite to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mh Elite Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mh Elite's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mh Elite Fund over time as well as its relative position and ranking within its peers.
MHEFX |
Mh Elite Fund Bond Positions Weight vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mh Elite's current stock value. Our valuation model uses many indicators to compare Mh Elite value to that of its competitors to determine the firm's financial worth. Mh Elite Fund is number one fund in price to earning among similar funds. It also is number one fund in bond positions weight among similar funds creating about 0.25 of Bond Positions Weight per Price To Earning. The ratio of Price To Earning to Bond Positions Weight for Mh Elite Fund is roughly 3.98 . 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 Mh Elite's earnings, one of the primary drivers of an investment's value.MHEFX Bond Positions Weight vs. Price To Earning
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.
Mh Elite |
| = | 17.13 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Mh Elite |
| = | 4.30 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
MHEFX Bond Positions Weight Comparison
Mh Elite is currently under evaluation in bond positions weight among similar funds.
Mh Elite Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mh Elite, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mh Elite will eventually generate negative long term returns. The profitability progress is the general direction of Mh Elite's change in net profit over the period of time. It can combine multiple indicators of Mh Elite, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests at least 80 percent of its total assets in 12 to 25 unaffiliated open-end mutual funds which in turn, invest principally in common stocks of mid and large-capitalization companies. The majority of holdings of the underlying funds are intended to represent primarily U.S. based mid and large cap companies. The fund will invest in institutional or adviser share classes to help reduce the costs associated with investing in the underlying funds.
MHEFX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mh Elite. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Mh Elite position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Mh Elite's important profitability drivers and their relationship over time.
Use Mh Elite in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mh Elite position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mh Elite will appreciate offsetting losses from the drop in the long position's value.Mh Elite Pair Trading
Mh Elite Fund Pair Trading Analysis
The ability to find closely correlated positions to Mh Elite could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mh Elite when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mh Elite - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mh Elite Fund to buy it.
The correlation of Mh Elite is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mh Elite moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mh Elite Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mh Elite can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Mh Elite position
In addition to having Mh Elite in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Construction Thematic Idea Now
Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Theme or any other thematic opportunities.
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Other Information on Investing in MHEFX Mutual Fund
To fully project Mh Elite's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mh Elite Fund at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Mh Elite's income statement, its balance sheet, and the statement of cash flows.
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