Monteagle Select Cash Position Weight vs. One Year Return
| MVEIX Fund | USD 10.47 0.01 0.1% |
For Monteagle Select profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Monteagle Select to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Monteagle Select Value utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Monteagle Select's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Monteagle Select Value over time as well as its relative position and ranking within its peers.
Monteagle |
Monteagle Select Value One Year Return vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Monteagle Select's current stock value. Our valuation model uses many indicators to compare Monteagle Select value to that of its competitors to determine the firm's financial worth. Monteagle Select Value is rated below average in cash position weight among similar funds. It also is rated below average in one year return among similar funds reporting about 0.96 of One Year Return per Cash Position Weight. The ratio of Cash Position Weight to One Year Return for Monteagle Select Value is roughly 1.04 . 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 Monteagle Select's earnings, one of the primary drivers of an investment's value.Monteagle One Year Return vs. Cash Position Weight
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Monteagle Select |
| = | 9.74 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
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.
Monteagle Select |
| = | 9.37 % |
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.
Monteagle One Year Return Comparison
Monteagle Select is rated below average in one year return among similar funds.
Monteagle Select Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Monteagle Select, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Monteagle Select will eventually generate negative long term returns. The profitability progress is the general direction of Monteagle Select's change in net profit over the period of time. It can combine multiple indicators of Monteagle Select, 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 uses a value investing style by investing at least 80 percent of its assets in the common stock of domestic companies that the funds Sub-adviser believes are underpriced relative to comparable securities determined by priceearnings ratios, cash flows or other measures. In selecting stocks, the Sub-adviser establishes valuation parameters, by using relative ratios or target prices to evaluate companies on several levels. It invests only in large capitalization companies included in the SP 500 Index. The advisor seeks to maintain a minimum average weighted market capitalization of at least 5 billion.
Monteagle Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Monteagle Select. 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 Monteagle Select 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 Monteagle Select's important profitability drivers and their relationship over time.
Use Monteagle Select 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 Monteagle Select 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 Monteagle Select will appreciate offsetting losses from the drop in the long position's value.Monteagle Select Pair Trading
Monteagle Select Value Pair Trading Analysis
The ability to find closely correlated positions to Monteagle Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monteagle Select 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 Monteagle Select - 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 Monteagle Select Value to buy it.
The correlation of Monteagle Select 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 Monteagle Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Monteagle Select Value 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 Monteagle Select 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 Monteagle Select position
In addition to having Monteagle Select 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 Monteagle Mutual Fund
To fully project Monteagle Select's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Monteagle Select Value 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 Monteagle Select's income statement, its balance sheet, and the statement of cash flows.
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