Amana Income Fund Fundamentals
| AMINX Fund | USD 69.03 0.40 0.58% |
Amana Income Fund fundamentals help investors to digest information that contributes to Amana Income's financial success or failures. It also enables traders to predict the movement of Amana Mutual Fund. The fundamental analysis module provides a way to measure Amana Income's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Amana Income mutual fund.
Amana |
Amana Income Fund Mutual Fund Year To Date Return Analysis
Amana Income's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Amana Income Year To Date Return | 15.33 % |
Most of Amana Income's fundamental indicators, such as Year To Date 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, Amana Income Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
In accordance with the company's disclosures, Amana Income Fund has a Year To Date Return of 15.3285%. This is much higher than that of the Amana family and significantly higher than that of the Large Blend category. The year to date return for all United States funds is notably lower than that of the firm.
Amana Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Amana Income's current stock value. Our valuation model uses many indicators to compare Amana Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Amana Income competition to find correlations between indicators driving Amana Income's intrinsic value. More Info.Amana Income Fund is second largest fund in price to earning among similar funds. It also is second largest fund in price to book among similar funds fabricating about 0.23 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Amana Income Fund is roughly 4.26 . 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 Amana Income's earnings, one of the primary drivers of an investment's value.Amana Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amana Income's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Amana Income could also be used in its relative valuation, which is a method of valuing Amana Income by comparing valuation metrics of similar companies.Amana Income is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Amana Income
The fund consists of 93.96% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Amana Income's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Amana Fundamentals
| Price To Earning | 21.05 X | ||||
| Price To Book | 4.94 X | ||||
| Price To Sales | 2.32 X | ||||
| Total Asset | 894.12 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 15.33 % | ||||
| One Year Return | 19.67 % | ||||
| Three Year Return | 7.65 % | ||||
| Five Year Return | 11.98 % | ||||
| Ten Year Return | 10.67 % | ||||
| Net Asset | 1.69 B | ||||
| Minimum Initial Investment | 100 K | ||||
| Cash Position Weight | 6.04 % | ||||
| Equity Positions Weight | 93.96 % |
About Amana Income Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amana Income Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amana Income using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amana Income Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund normally invests at least 80 percent of its total net assets in income-producing securities, primarily dividend-paying common stocks. It invests primarily in dividend-paying common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. The fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style.
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Amana Income financial ratios help investors to determine whether Amana 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 Amana with respect to the benefits of owning Amana Income security.
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