Mh Elite Financial Statements From 2010 to 2025
| MHELX Fund | USD 8.42 0.12 1.45% |
Check Mh Elite financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mh Elite's main balance sheet or income statement drivers, such as , as well as many indicators such as . MHELX financial statements analysis is a perfect complement when working with Mh Elite Valuation or Volatility modules.
MHELX |
Mh Elite Small Mutual Fund Price To Book Analysis
Mh Elite's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Mh Elite Price To Book | 2.06 X |
Most of Mh Elite's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mh Elite Small is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Mh Elite Small has a Price To Book of 2.06 times. This is much higher than that of the MH Elite family and significantly higher than that of the Allocation--85%+ Equity category. The price to book for all United States funds is notably lower than that of the firm.
Mh Elite Small Fundamental Drivers Relationships
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. You can analyze the relationship between different fundamental ratios across Mh Elite competition to find correlations between indicators driving Mh Elite's intrinsic value. More Info.Mh Elite Small is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Mh Elite Small is roughly 9.69 . 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.About Mh Elite Financial Statements
Mh Elite investors use historical fundamental indicators, such as Mh Elite's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mh Elite. Please read more on our technical analysis and fundamental analysis pages.
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 small and micro-capitalization companies. The adviser currently considers small and micro-capitalization companies to be those with a market capitalization that falls within the range of the Russell 2000 Index.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in MHELX Mutual Fund
Mh Elite financial ratios help investors to determine whether MHELX 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 MHELX with respect to the benefits of owning Mh Elite security.
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