Spirit Of Financial Statements From 2010 to 2024

SOIMX Fund  USD 8.52  0.02  0.24%   
Spirit Of financial statements provide useful quarterly and yearly information to potential Spirit Of America investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Spirit Of financial statements helps investors assess Spirit Of's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Spirit Of's valuation are summarized below:
Spirit Of America does not presently have any fundamental trend indicators for analysis.
Check Spirit Of financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spirit Of's main balance sheet or income statement drivers, such as , as well as many indicators such as . Spirit financial statements analysis is a perfect complement when working with Spirit Of Valuation or Volatility modules.
  
This module can also supplement various Spirit Of Technical models . Check out the analysis of Spirit Of Correlation against competitors.

Spirit Of America Mutual Fund One Year Return Analysis

Spirit Of's 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.

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About One Year Return | All Equity Analysis

Current Spirit Of One Year Return

    
  3.06 %  
Most of Spirit Of's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spirit Of America is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the recorded statements, Spirit Of America has an One Year Return of 3.06%. This is much higher than that of the Spirit of America family and significantly higher than that of the Muni National Interm category. The one year return for all United States funds is notably lower than that of the firm.

Spirit Of America Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Spirit Of's current stock value. Our valuation model uses many indicators to compare Spirit Of value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spirit Of competition to find correlations between indicators driving Spirit Of's intrinsic value. More Info.
Spirit Of America is rated top fund in one year return among similar funds. It also is rated top fund in three year return among similar funds reporting about  0.93  of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Spirit Of America is roughly  1.07 . 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 Spirit Of's earnings, one of the primary drivers of an investment's value.

About Spirit Of Financial Statements

Spirit Of investors use historical fundamental indicators, such as Spirit Of's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Spirit Of. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its assets in municipal bonds that are exempt from federal income tax, including the alternative minimum tax. The advisor intends to invest a substantial portion of its assets in high yield municipal bonds and private activity bonds. It may also invest a portion of its total assets in municipal bonds that finance projects such as those relating to utilities, transportation, health care, housing and education, and a portion of its total assets in industrial development bonds.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Spirit Mutual Fund

Spirit Of financial ratios help investors to determine whether Spirit 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 Spirit with respect to the benefits of owning Spirit Of security.
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