Sound Shore Financial Statements From 2010 to 2024
SSHVX Fund | USD 50.64 0.13 0.26% |
Check Sound Shore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sound Shore's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sound financial statements analysis is a perfect complement when working with Sound Shore Valuation or Volatility modules.
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Sound Shore Fund Mutual Fund Price To Earning Analysis
Sound Shore'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 Sound Shore Price To Earning | 17.47 X |
Most of Sound Shore'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, Sound Shore 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, Sound Shore Fund has a Price To Earning of 17.47 times. This is much higher than that of the Sound Shore family and significantly higher than that of the Large Value category. The price to earning for all United States funds is notably lower than that of the firm.
Sound Shore Fund Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sound Shore's current stock value. Our valuation model uses many indicators to compare Sound Shore value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sound Shore competition to find correlations between indicators driving Sound Shore's intrinsic value. More Info.Sound Shore Fund is rated below average in price to earning among similar funds. It also is rated below average 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 Sound Shore Fund is roughly 10.10 . 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 Sound Shore's earnings, one of the primary drivers of an investment's value.About Sound Shore Financial Statements
Sound Shore investors use historical fundamental indicators, such as Sound Shore'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 Sound Shore. Please read more on our technical analysis and fundamental analysis pages.
The funds Adviser seeks to meet the funds investment objective of growth of capital by employing a value investment strategy to its selection of predominantly Large Cap and Mid Cap common stocks for the portfolio. The investment strategy is built upon three components Disciplined Approach, Risk Aversion and Long-Term Orientation. While most of the funds assets will be invested in domestic common stock, it may also invest in U.S. traded Large Cap and Mid Cap securities issued by companies organized outside the United States including American Depositary Receipts.
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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 Sound Mutual Fund
Sound Shore financial ratios help investors to determine whether Sound 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 Sound with respect to the benefits of owning Sound Shore security.
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