Fa529 Gr Op Fund Beta
FGALX Fund | USD 79.23 0.93 1.19% |
Fa529 Gr Op fundamentals help investors to digest information that contributes to Fa529 Gr's financial success or failures. It also enables traders to predict the movement of Fa529 Mutual Fund. The fundamental analysis module provides a way to measure Fa529 Gr'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 Fa529 Gr mutual fund.
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Fa529 Gr Op Mutual Fund Beta Analysis
Fa529 Gr's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
In accordance with the recently published financial statements, Fa529 Gr Op has a Beta of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Beta (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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About Fa529 Gr Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fa529 Gr Op's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fa529 Gr using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fa529 Gr Op 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.
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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 Fa529 Mutual Fund
Fa529 Gr financial ratios help investors to determine whether Fa529 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 Fa529 with respect to the benefits of owning Fa529 Gr security.
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