Ridgeworth Innovative Financials
| SAGAX Fund | USD 55.56 0.54 0.96% |
Ridgeworth |
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.
Ridgeworth Innovative Fund Summary
Ridgeworth Innovative competes with Europacific Growth, Washington Mutual, Capital World, HUMANA, and SCOR PK. The fund invests at least 80 percent of its net assets in common stocks of U.S. companies and other U.S.-traded equity securities. The Adviser considers U.S.-traded equity securities to include ADRs, as well as securities that are traded in the U.S. that have been issued by companies established, domiciled or operating in foreign countries. It may invest in companies of any size and may invest a portion of its assets in U.S. or non-U.S. issued securities of foreign companies.Specialization | Large Growth, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Virtus Asset Trust |
| Mutual Fund Family | Virtus |
| Mutual Fund Category | Large Growth |
| Benchmark | Dow Jones Industrial |
| Phone | 888 784 3863 |
| Currency | USD - US Dollar |
Ridgeworth Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ridgeworth Innovative's current stock value. Our valuation model uses many indicators to compare Ridgeworth Innovative value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ridgeworth Innovative competition to find correlations between indicators driving Ridgeworth Innovative's intrinsic value. More Info.Ridgeworth Innovative Growth 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 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Ridgeworth Innovative Growth is roughly 11.17 . 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 Ridgeworth Innovative's earnings, one of the primary drivers of an investment's value.Ridgeworth Innovative Systematic Risk
Ridgeworth Innovative's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ridgeworth Innovative 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 output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Ridgeworth Innovative correlated with the market. If Beta is less than 0 Ridgeworth Innovative generally moves in the opposite direction as compared to the market. If Ridgeworth Innovative Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ridgeworth Innovative is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ridgeworth Innovative is generally in the same direction as the market. If Beta > 1 Ridgeworth Innovative moves generally in the same direction as, but more than the movement of the benchmark.
Ridgeworth Innovative November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ridgeworth Innovative help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ridgeworth Innovative Growth. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ridgeworth Innovative Growth based on widely used predictive technical indicators. In general, we focus on analyzing Ridgeworth Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ridgeworth Innovative's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.108 | |||
| Maximum Drawdown | 5.92 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.1 |
Other Information on Investing in Ridgeworth Mutual Fund
Ridgeworth Innovative financial ratios help investors to determine whether Ridgeworth 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 Ridgeworth with respect to the benefits of owning Ridgeworth Innovative security.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |