Power Income Financial Statements From 2010 to 2024
| PWRAX Fund | USD 9.03 0.04 0.44% |
Check Power Income financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Power Income'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 Income Valuation or Volatility modules.
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Power Income Fund Mutual Fund Price To Earning Analysis
Power Income's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Power Income Price To Earning | 17.12 X |
Most of Power Income's fundamental indicators, such as Price To Earning, 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 Income Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Power Income Fund has a Price To Earning of 17.12 times. This is much higher than that of the Donoghue Forlines LLC family and significantly higher than that of the Nontraditional Bond category. The price to earning for all United States funds is notably lower than that of the firm.
Power Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Power Income's current stock value. Our valuation model uses many indicators to compare Power Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Power Income competition to find correlations between indicators driving Power Income's intrinsic value. More Info.Power Income Fund is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Power Income Fund is roughly 19.91 . 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 Income's earnings, one of the primary drivers of an investment's value.About Power Income Financial Statements
Power Income investors use historical fundamental indicators, such as Power Income'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 Income. Please read more on our technical analysis and fundamental analysis pages.
The fund invests in income-producing fixed income and alternative strategy exchange-traded funds . Fixed income ETFs may invest in non-investment grade fixed income securities, commonly known as high yield or junk bonds that are rated below Baa3 by Moodys Investors Service or similarly by another rating agency. It may also invest in ETFs that primarily invest in dividend-paying equity securities of U.S., foreign and emerging market issuers.
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 Power Mutual Fund
Power Income 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 Income security.
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