Predex Funds Financials
| PRDEX Fund | USD 23.40 0.00 0.00% |
Predex |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
| Instrument | USA Mutual Fund View All |
| Exchange | NASDAQ Exchange |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Predex Funds Key Financial Ratios
Predex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Predex Funds's current stock value. Our valuation model uses many indicators to compare Predex Funds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Predex Funds competition to find correlations between indicators driving Predex Funds's intrinsic value. More Info.Predex Funds is rated below average in annual yield among similar funds. It is regarded fifth largest fund in one year return among similar funds . 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 Predex Funds' earnings, one of the primary drivers of an investment's value.Predex Funds Systematic Risk
Predex Funds' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Predex Funds volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Predex Funds correlated with the market. If Beta is less than 0 Predex Funds generally moves in the opposite direction as compared to the market. If Predex Funds Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Predex Funds is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Predex Funds is generally in the same direction as the market. If Beta > 1 Predex Funds moves generally in the same direction as, but more than the movement of the benchmark.
Other Information on Investing in Predex Mutual Fund
Predex Funds financial ratios help investors to determine whether Predex 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 Predex with respect to the benefits of owning Predex Funds security.
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