Mmzgx Annual Yield vs. Net Asset
| MMZGX Fund | 12.01 1.23 11.41% |
For Mmzgx profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mmzgx to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mmzgx utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mmzgx's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mmzgx over time as well as its relative position and ranking within its peers.
Mmzgx |
Mmzgx Net Asset vs. Annual Yield Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mmzgx's current stock value. Our valuation model uses many indicators to compare Mmzgx value to that of its competitors to determine the firm's financial worth. Mmzgx is regarded fifth largest fund in annual yield among similar funds. It is rated below average in net asset among similar funds making up about 123,702,143 of Net Asset per Annual Yield. 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 Mmzgx's earnings, one of the primary drivers of an investment's value.Mmzgx Net Asset vs. Annual Yield
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.
Mmzgx |
| = | 0.01 % |
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.
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.
Mmzgx |
| = | 1.21 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.
Mmzgx Net Asset Comparison
Mmzgx is currently under evaluation in net asset among similar funds.
Mmzgx Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mmzgx, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mmzgx will eventually generate negative long term returns. The profitability progress is the general direction of Mmzgx's change in net profit over the period of time. It can combine multiple indicators of Mmzgx, 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 is a fund of funds that seeks to achieve its investment objective by investing in a combination of U.S. domestic and international mutual funds using an asset allocation strategy designed for investors who plan to retire around the year 2065 and then withdraw their investment in the fund over time throughout retirement.
Mmzgx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mmzgx. 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 Mmzgx 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 Mmzgx's important profitability drivers and their relationship over time.
Use Mmzgx in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mmzgx position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mmzgx will appreciate offsetting losses from the drop in the long position's value.Mmzgx Pair Trading
Mmzgx Pair Trading Analysis
The ability to find closely correlated positions to Mmzgx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mmzgx when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mmzgx - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mmzgx to buy it.
The correlation of Mmzgx is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mmzgx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mmzgx moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mmzgx can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Mmzgx position
In addition to having Mmzgx 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 Precious Metals Funds Thematic Idea Now
Precious Metals Funds
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 29 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 Precious Metals Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Mmzgx Mutual Fund
To fully project Mmzgx's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mmzgx 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 Mmzgx's income statement, its balance sheet, and the statement of cash flows.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |