Power Momentum Financial Statements From 2010 to 2024
| MOJOX Fund | USD 14.66 0.04 0.27% |
Check Power Momentum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Power Momentum's main balance sheet or income statement drivers, such as , as well as many indicators such as . Power financial statements analysis is a perfect complement when working with Power Momentum Valuation or Volatility modules.
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Power Momentum Index Mutual Fund One Year Return Analysis
Power Momentum's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Power Momentum One Year Return | 29.80 % |
Most of Power Momentum's fundamental indicators, such as One Year Return, 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, Power Momentum Index is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Power Momentum Index has an One Year Return of 29.7963%. This is much higher than that of the Donoghue Forlines LLC family and significantly higher than that of the Tactical Allocation category. The one year return for all United States funds is notably lower than that of the firm.
Power Momentum Index Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Power Momentum's current stock value. Our valuation model uses many indicators to compare Power Momentum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Power Momentum competition to find correlations between indicators driving Power Momentum's intrinsic value. More Info.Power Momentum Index is number one fund in year to date return among similar funds. It also is number one fund in one year return among similar funds reporting about 1.05 of One Year Return per Year To Date Return. 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 Power Momentum's earnings, one of the primary drivers of an investment's value.About Power Momentum Financial Statements
Power Momentum investors use historical fundamental indicators, such as Power Momentum'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 Power Momentum. Please read more on our technical analysis and fundamental analysis pages.
The adviser seeks to achieve the funds objectives by seeking to track the FCF Risk Managed Sector Neutral Momentum Index that provides a formulaic methodology for allocating investments between securities of issuers who demonstrate higher free cash flow and positive momentum and short-term treasuries. The index and the fund will allocate 100 percent to the equity portfolio when the shorter-term exponential moving average indicator is in a bullish position.
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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 Power Mutual Fund
Power Momentum financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Momentum security.
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