Summit Global Investments Fund Analysis
| SGLIX Fund | USD 32.93 0.30 0.90% |
Summit Global's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Summit Global's financial risk is the risk to Summit Global stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Summit Global's debt-to-equity ratio measures a Mutual Fund's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Summit Global is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Summit Global to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Summit Global is said to be less leveraged. If creditors hold a majority of Summit Global's assets, the Mutual Fund is said to be highly leveraged.
Summit Global Investments is fairly valued with Real Value of 32.31 and Hype Value of 33.02. The main objective of Summit Global fund analysis is to determine its intrinsic value, which is an estimate of what Summit Global Investments is worth, separate from its market price. There are two main types of Summit Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Summit Global Investments. On the other hand, technical analysis, focuses on the price and volume data of Summit Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Summit Global mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Summit |
Summit Mutual Fund Analysis Notes
The fund generated returns of 8.0% over the last ten years. Summit Global Investments maintains 98.16% of assets in stocks. This fund last dividend was 0.22 per share. Large Blend To find out more about Summit Global Investments contact the company at 855-744-8500.Summit Global Investments Investment Alerts
Summit Global Thematic Classifications
In addition to having Summit Global mutual fund in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Hybrid Mix FundsFunds investing in combination of stocks, bonds and money market instruments |
Top Summit Global Investments Mutual Fund Constituents
| NKE | Nike Inc | Stock | |
| VZ | Verizon Communications | Stock | |
| HSY | Hershey Co | Stock | |
| COST | Costco Wholesale Corp | Stock | |
| CB | Chubb | Stock | |
| TAK | Takeda Pharmaceutical Co | Stock | |
| GOOG | Alphabet Inc Class C | Stock | |
| MRK | Merck Company | Stock | |
| DG | Dollar General | Stock | |
| MSFT | Microsoft | Stock | |
| AMZN | Amazon Inc | Stock | |
| MCD | McDonalds | Stock | |
| PSA | Public Storage | Stock | |
| DUK | Duke Energy | Stock | |
| MDT | Medtronic PLC | Stock | |
| NVS | Novartis AG ADR | Stock | |
| WMT | Walmart Common Stock | Stock | |
| MA | Mastercard | Stock | |
| SBUX | Starbucks | Stock | |
| BMY | Bristol Myers Squibb | Stock | |
| CRM | Salesforce | Stock | |
| LLY | Eli Lilly and | Stock | |
| EDU | New Oriental Education | Stock | |
| NVO | Novo Nordisk AS | Stock | |
| DLB | Dolby Laboratories | Stock | |
| NICE | Nice Ltd ADR | Stock | |
| LANC | LANC Old | Stock | |
| SRE | Sempra Energy | Stock | |
| ADBE | Adobe Systems Incorporated | Stock | |
| CLX | The Clorox | Stock |
Institutional Mutual Fund Holders for Summit Global
Have you ever been surprised when a price of an equity instrument such as Summit Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Summit Global Investments backward and forwards among themselves. Summit Global's institutional investor refers to the entity that pools money to purchase Summit Global's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| SGPGX | Sgi Prudent Growth | Mutual Fund | Allocation--50% to 70% Equity | |
| SGPKX | Sgi Peak Growth | Mutual Fund | Large Blend |
Summit Global Outstanding Bonds
Summit Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Summit Global Investments uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Summit bonds can be classified according to their maturity, which is the date when Summit Global Investments has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Summit Global Predictive Daily Indicators
Summit Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Summit Global mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 32.93 | |||
| Day Typical Price | 32.93 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | (0.30) | |||
| Relative Strength Index | 75.37 |
Summit Global Forecast Models
Summit Global's time-series forecasting models are one of many Summit Global's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Summit Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Summit Global Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Summit Global's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Summit Global, which in turn will lower the firm's financial flexibility.Summit Global Corporate Bonds Issued
About Summit Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Summit Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Summit shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Summit Global. By using and applying Summit Mutual Fund analysis, traders can create a robust methodology for identifying Summit entry and exit points for their positions.
Under normal market conditions, the fund invests at least 80 percent of the value of its net assets, plus any borrowings for investment purposes, in equity securities. It invests, under normal market conditions, significantly in non-U.S. companies. The funds investments in equity securities include, without limitation, common stocks, preferred stocks, warrants to acquire common stock, and securities convertible into common stock.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Summit Global to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Watchlist Optimization Now
Watchlist OptimizationOptimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
| All Next | Launch Module |
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.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |