Meridian Growth One Year Return vs. Five Year Return
Considering the key profitability indicators obtained from Meridian Growth's historical financial statements, Meridian Growth Fund may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Meridian Growth's ability to earn profits and add value for shareholders.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price.
Please note, there is a significant difference between Meridian Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridian Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridian Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For Meridian Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Meridian Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Meridian Growth Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Meridian Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Meridian Growth Fund over time as well as its relative position and ranking within its peers.
Meridian |
Meridian Growth Five Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Meridian Growth's current stock value. Our valuation model uses many indicators to compare Meridian Growth value to that of its competitors to determine the firm's financial worth. Meridian Growth Fund is number one fund in one year return among similar funds. It also is number one fund in five year return among similar funds reporting about 1.69 of Five Year Return per One Year 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 Meridian Growth's earnings, one of the primary drivers of an investment's value.Meridian Five Year Return vs. One Year Return
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.
Meridian Growth |
| = | 3.99 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Meridian Growth |
| = | 6.73 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Meridian Five Year Return Comparison
Meridian Growth is currently under evaluation in five year return among similar funds.
Meridian Growth Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Meridian Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Meridian Growth will eventually generate negative long term returns. The profitability progress is the general direction of Meridian Growth's change in net profit over the period of time. It can combine multiple indicators of Meridian Growth, 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.
Under normal circumstances, the fund emphasizes small- and mid-capitalization growth companies that the Investment Adviser believes may have prospects for above-average growth in revenues and earnings because of many factors, including high sales growth, high unit growth and industry growth, high or improving returns on assets and equity and a strong balance sheet. Meridian Growth is traded on NASDAQ Exchange in the United States.
Meridian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Meridian Growth. 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 Meridian Growth 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 Meridian Growth's important profitability drivers and their relationship over time.
Use Meridian Growth 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 Meridian Growth 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 Meridian Growth will appreciate offsetting losses from the drop in the long position's value.Meridian Growth Pair Trading
Meridian Growth Fund Pair Trading Analysis
The ability to find closely correlated positions to Target could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Target 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 Target - 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 Target to buy it.
The correlation of Target 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 Target moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Target 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 Target 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 Meridian Growth position
In addition to having Meridian Growth 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 20 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 Convertibles Funds Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Tools for Meridian Mutual Fund
When running Meridian Growth's price analysis, check to measure Meridian Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meridian Growth is operating at the current time. Most of Meridian Growth's value examination focuses on studying past and present price action to predict the probability of Meridian Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meridian Growth's price. Additionally, you may evaluate how the addition of Meridian Growth to your portfolios can decrease your overall portfolio volatility.
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