What are Predex Funds Fundamental Indicators

Predex Funds Fund Fundamentals

PRDEX Fund  USD 23.40  0.00  0.00%   
Predex Funds fundamentals help investors to digest information that contributes to Predex Funds' financial success or failures. It also enables traders to predict the movement of Predex Mutual Fund. The fundamental analysis module provides a way to measure Predex Funds' 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 Predex Funds mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Predex Funds Mutual Fund Annual Yield Analysis

Predex Funds' Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Yield

 = 

Income from Security

Current Share Price

More About Annual Yield | All Equity Analysis

Current Predex Funds Annual Yield

    
  0.01 %  
Most of Predex Funds' fundamental indicators, such as Annual Yield, 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, Predex Funds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Competition
In accordance with the recently published financial statements, Predex Funds has an Annual Yield of 0.0051%. This is 98.04% lower than that of the Category family and 98.04% lower than that of the Family category. The annual yield for all United States funds is 98.24% higher than that of the company.

Predex Funds Fundamental Drivers 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.
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Predex Funds is rated below average in annual yield among similar funds. It also is rated below average 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 Annual Yield Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Predex Funds' direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Predex Funds could also be used in its relative valuation, which is a method of valuing Predex Funds by comparing valuation metrics of similar companies.
Predex Funds is currently under evaluation in annual yield among similar funds.

Predex Fundamentals

About Predex Funds Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Predex Funds's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Predex Funds using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Predex Funds 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.
Predex Funds is entity of United States. It is traded as Fund on NASDAQ exchange.

Also Currently Popular

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 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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