Meridian Growth Financial Statements From 2010 to 2024
MRRGX Fund | USD 37.50 0.48 1.26% |
Check Meridian Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meridian Growth's main balance sheet or income statement drivers, such as , as well as many indicators such as . Meridian financial statements analysis is a perfect complement when working with Meridian Growth Valuation or Volatility modules.
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Meridian Growth Fund Mutual Fund One Year Return Analysis
Meridian Growth'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 Meridian Growth One Year Return | 21.96 % |
Most of Meridian Growth'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, Meridian Growth Fund 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, Meridian Growth Fund has an One Year Return of 21.9644%. This is much higher than that of the Meridian family and significantly higher than that of the Small Growth category. The one year return for all United States funds is notably lower than that of the firm.
Meridian Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Meridian Growth's current stock value. Our valuation model uses many indicators to compare Meridian Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Meridian Growth competition to find correlations between indicators driving Meridian Growth's intrinsic value. More Info.Meridian Growth Fund 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 1.83 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 Meridian Growth's earnings, one of the primary drivers of an investment's value.About Meridian Growth Financial Statements
Meridian Growth investors use historical fundamental indicators, such as Meridian Growth'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 Meridian Growth. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund emphasizes small- and mid-capitalization growth companies that the Investment Adviser believes may have prospects for above-average growth in revenues and earnings because of many factors, including high sales growth, high unit growth and industry growth, high or improving returns on assets and equity and a strong balance sheet. Meridian Growth is traded on NASDAQ Exchange in the United States.
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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 Meridian Mutual Fund
Meridian Growth financial ratios help investors to determine whether Meridian 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 Meridian with respect to the benefits of owning Meridian Growth security.
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