Multi-manager High Financial Statements From 2010 to 2024
| NMHYX Fund | USD 8.50 0.01 0.12% |
Check Multi-manager High financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Multi-manager High's main balance sheet or income statement drivers, such as , as well as many indicators such as . Multi-manager financial statements analysis is a perfect complement when working with Multi-manager High Valuation or Volatility modules.
Multi-manager |
Multi Manager High Yield Mutual Fund Price To Book Analysis
Multi-manager High'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 Multi-manager High Price To Book | 0.19 X |
Most of Multi-manager High'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, Multi Manager High Yield 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, Multi Manager High Yield has a Price To Book of 0.19 times. This is much higher than that of the Northern Funds family and significantly higher than that of the High Yield Bond category. The price to book for all United States funds is notably lower than that of the firm.
Multi Manager High Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Multi-manager High's current stock value. Our valuation model uses many indicators to compare Multi-manager High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Multi-manager High competition to find correlations between indicators driving Multi-manager High's intrinsic value. More Info.Multi Manager High Yield is number one fund in price to book among similar funds. It also is number one fund in price to sales among similar funds fabricating about 0.95 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Multi Manager High Yield is roughly 1.06 . 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 Multi-manager High's earnings, one of the primary drivers of an investment's value.About Multi-manager High Financial Statements
Multi-manager High investors use historical fundamental indicators, such as Multi-manager High'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 Multi-manager High. Please read more on our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its net assets in bonds and other fixed-income securities that are rated below investment grade . The adviser utilizes a multi-manager approach whereby the funds assets are allocated to one or more sub-advisers, in percentages determined at the discretion of the funds investment adviser. Although the fund primarily invests in the debt obligations of domestic issuers, it may invest in debt obligations of foreign issuers.
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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 Multi-manager Mutual Fund
Multi-manager High financial ratios help investors to determine whether Multi-manager 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 Multi-manager with respect to the benefits of owning Multi-manager High security.
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