Predex Funds Financials

PRDEX Fund  USD 23.40  0.00  0.00%   
Financial data analysis helps to confirm if markets are presently mispricing Predex Funds. We were able to analyze and collect data for six available financial ratios for Predex Funds, which can be compared to its competitors. The fund experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Predex Funds to be traded at $23.17 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Predex Funds Fund Summary

Predex Funds competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, and Vanguard Total. Predex Funds is entity of United States. It is traded as Fund on NASDAQ exchange.
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
BenchmarkDow Jones Industrial
CurrencyUSD - US Dollar

Predex Funds Key Financial Ratios

Predex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Predex Funds's current stock value. Our valuation model uses many indicators to compare Predex Funds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Predex Funds competition to find correlations between indicators driving Predex Funds's intrinsic value. More Info.
Predex Funds is rated below average in annual yield among similar funds. It also is rated below average in one year return among similar funds . 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 Predex Funds' earnings, one of the primary drivers of an investment's value.

Predex Funds Systematic Risk

Predex Funds' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Predex Funds volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Predex Funds correlated with the market. If Beta is less than 0 Predex Funds generally moves in the opposite direction as compared to the market. If Predex Funds Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Predex Funds is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Predex Funds is generally in the same direction as the market. If Beta > 1 Predex Funds moves generally in the same direction as, but more than the movement of the benchmark.

Predex Funds Thematic Clasifications

Predex Funds is part of Hybrid Mix Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in combination of stocks, bonds and money market instruments. Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics
Hybrid Mix FundsView
This theme covers Funds investing in combination of stocks, bonds and money market instruments. Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. Get More Thematic Ideas

Other Information on Investing in Predex Mutual Fund

Predex Funds financial ratios help investors to determine whether Predex 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 Predex with respect to the benefits of owning Predex Funds security.
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