Best Aggressive Growth Mutual Funds in 2024 - Benzinga
| BMPIX Fund | USD 104.23 0.31 0.30% |
Slightly above 61% of Basic Materials' investor base is looking to short. The analysis of overall sentiment of trading Basic Materials Ultrasector mutual fund suggests that many investors are alarmed at this time. Basic Materials' investing sentiment can be driven by a variety of factors including economic data, Basic Materials' earnings reports, geopolitical events, and overall market trends.
Basic |
Best Aggressive Growth Mutual Funds in 2024 Benzinga
Read at news.google.com
 |
Basic Materials Fundamental Analysis
We analyze Basic Materials' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Basic Materials using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Basic Materials 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.
One Year Return
One Year Return Comparative Analysis
Basic Materials is currently under evaluation in one year return among similar funds. 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.
Basic Materials Ultr Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Basic Materials mutual fund to make a market-neutral strategy. Peer analysis of Basic Materials could also be used in its relative valuation, which is a method of valuing Basic Materials by comparing valuation metrics with similar companies.
Peers
Basic Materials Related Equities
| LGPIX | Large Cap | 1.35 | ||||
| BRPSX | Bear Profund | 0.1 | ||||
| TEPSX | Technology Ultrasector | 0.03 | ||||
| TEPIX | Technology Ultrasector | 0.02 | ||||
| SRPIX | Short Real | 0.12 | ||||
| SRPSX | Short Real | 0.14 | ||||
| LGPSX | Profunds Large | 0.19 | ||||
| UIPIX | Ultrashort Mid | 0.60 | ||||
| UIPSX | Ultrashort Mid | 0.62 | ||||
| BRPIX | Bear Profund | 1.13 |
Other Information on Investing in Basic Mutual Fund
Basic Materials financial ratios help investors to determine whether Basic 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 Basic with respect to the benefits of owning Basic Materials security.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |