1290 Essex Small Fund One Year Return
| ESCJX Fund | 13.86 0.13 0.95% |
1290 Essex Small fundamentals help investors to digest information that contributes to 1290 Essex's financial success or failures. It also enables traders to predict the movement of 1290 Mutual Fund. The fundamental analysis module provides a way to measure 1290 Essex'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 1290 Essex mutual fund.
1290 |
1290 Essex Small Mutual Fund One Year Return Analysis
1290 Essex'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.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current 1290 Essex One Year Return | 38.72 % |
Most of 1290 Essex'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, 1290 Essex Small 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, 1290 Essex Small has an One Year Return of 38.7214%. This is much higher than that of the 1290 Funds family and significantly higher than that of the Small Growth category. The one year return for all United States funds is notably lower than that of the firm.
1290 One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 1290 Essex's direct or indirect competition against its One Year 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 1290 Essex could also be used in its relative valuation, which is a method of valuing 1290 Essex by comparing valuation metrics of similar companies.1290 Essex is currently under evaluation in one year return among similar funds.
1290 Fundamentals
| Year To Date Return | 27.09 % | ||||
| One Year Return | 38.72 % | ||||
| Net Asset | 10.84 M |
About 1290 Essex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 1290 Essex Small's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1290 Essex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1290 Essex Small 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.
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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 1290 Mutual Fund
1290 Essex financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Essex security.
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