Ab New Year To Date Return vs. Net Asset
| ANJCX Fund | USD 9.13 0.02 0.22% |
For Ab New profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ab New to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ab New Jersey utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ab New's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ab New Jersey over time as well as its relative position and ranking within its peers.
ANJCX |
Ab New Jersey Net Asset vs. Year To Date Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ab New's current stock value. Our valuation model uses many indicators to compare Ab New value to that of its competitors to determine the firm's financial worth. Ab New Jersey is fourth largest fund in year to date return among similar funds. It is rated below average in net asset among similar funds making up about 45,891,739 of Net Asset per Year To Date Return. 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 Ab New's earnings, one of the primary drivers of an investment's value.ANJCX Net Asset vs. Year To Date Return
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Ab New |
| = | 1.34 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Ab New |
| = | 61.55 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
ANJCX Net Asset Comparison
Ab New is rated below average in net asset among similar funds.
Ab New Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ab New, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ab New will eventually generate negative long term returns. The profitability progress is the general direction of Ab New's change in net profit over the period of time. It can combine multiple indicators of Ab New, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests at least 80 percent of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal alternative minimum tax for certain taxpayers. It invests at least 80 percent of its net assets in municipal securities of New Jersey or municipal securities with interest that is otherwise exempt from New Jersey state income tax.
ANJCX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ab New. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ab New position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ab New's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Ab New without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Sectors Now
SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
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Use Investing Themes to Complement your Ab New position
In addition to having Ab New in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Broad Municipals ETFs Thematic Idea Now
Broad Municipals ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Municipals ETFs theme has 51 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Municipals ETFs Theme or any other thematic opportunities.
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Other Information on Investing in ANJCX Mutual Fund
To fully project Ab New's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ab New Jersey at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ab New's income statement, its balance sheet, and the statement of cash flows.
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