Azzad Ethical Fund Fundamentals
| ADJEX Fund | USD 14.84 0.35 2.42% |
Azzad Ethical Fund fundamentals help investors to digest information that contributes to Azzad Ethical's financial success or failures. It also enables traders to predict the movement of Azzad Mutual Fund. The fundamental analysis module provides a way to measure Azzad Ethical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Azzad Ethical mutual fund.
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Azzad Ethical Fund Mutual Fund One Year Return Analysis
Azzad Ethical's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Azzad Ethical One Year Return | (10.22) % |
Most of Azzad Ethical's fundamental indicators, such as One Year Return, 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, Azzad Ethical Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Azzad Ethical Fund has an One Year Return of -10.2237%. This is much lower than that of the Azzad Fund family and significantly lower than that of the Mid-Cap Growth category. The one year return for all United States funds is notably higher than that of the company.
Azzad Ethical Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Azzad Ethical's current stock value. Our valuation model uses many indicators to compare Azzad Ethical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Azzad Ethical competition to find correlations between indicators driving Azzad Ethical's intrinsic value. More Info.Azzad Ethical Fund is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.19 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Azzad Ethical Fund is roughly 5.17 . 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 Azzad Ethical's earnings, one of the primary drivers of an investment's value.Azzad One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Azzad Ethical's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Azzad Ethical could also be used in its relative valuation, which is a method of valuing Azzad Ethical by comparing valuation metrics of similar companies.Azzad Ethical is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Azzad Ethical
The fund consists of 97.01% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Azzad Ethical's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Azzad Fundamentals
| Price To Earning | 21.94 X | ||||
| Price To Book | 4.24 X | ||||
| Price To Sales | 1.60 X | ||||
| Year To Date Return | 2.24 % | ||||
| One Year Return | (10.22) % | ||||
| Three Year Return | 3.58 % | ||||
| Five Year Return | 7.07 % | ||||
| Ten Year Return | 11.64 % | ||||
| Net Asset | 137.54 M | ||||
| Minimum Initial Investment | 1 K | ||||
| Cash Position Weight | 2.99 % | ||||
| Equity Positions Weight | 97.01 % |
About Azzad Ethical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Azzad Ethical Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Azzad Ethical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Azzad Ethical Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund seeks to achieve its objective by investing primarily in common stocks of mid-capitalization companies that the Adviser believes are high quality andor exhibit above-average growth potential, which, for the purposes of this fund, typically are companies with market capitalizations similar to those issuers included in the index over the last 13 months at the time of purchase. It will invest at least 80 percent of its assets in securities meeting the funds ethical investment criteria.
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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 Azzad Mutual Fund
Azzad Ethical financial ratios help investors to determine whether Azzad 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 Azzad with respect to the benefits of owning Azzad Ethical security.
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