Eventide Core Bond Fund Fundamentals
| ETIRX Fund | USD 8.17 0.01 0.12% |
Eventide Core Bond fundamentals help investors to digest information that contributes to Eventide Core's financial success or failures. It also enables traders to predict the movement of Eventide Mutual Fund. The fundamental analysis module provides a way to measure Eventide Core'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 Eventide Core mutual fund.
Eventide |
Eventide Core Bond Mutual Fund Bond Positions Weight Analysis
Eventide Core's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Current Eventide Core Bond Positions Weight | 1.14 % |
Most of Eventide Core's fundamental indicators, such as Bond Positions Weight, 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, Eventide Core Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
| Competition |
In accordance with the recently published financial statements, Eventide Core Bond has a Bond Positions Weight of 1.14%. This is much higher than that of the Eventide Funds family and significantly higher than that of the Intermediate Core Bond category. The bond positions weight for all United States funds is notably lower than that of the firm.
Eventide Core Bond Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eventide Core's current stock value. Our valuation model uses many indicators to compare Eventide Core value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eventide Core competition to find correlations between indicators driving Eventide Core's intrinsic value. More Info.Eventide Core Bond is one of the top funds in net asset among similar funds. It also is one of the top funds in last dividend paid among similar funds . The ratio of Net Asset to Last Dividend Paid for Eventide Core Bond is about 1,526,000,000 . 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 Eventide Core's earnings, one of the primary drivers of an investment's value.Eventide Bond Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eventide Core's direct or indirect competition against its Bond Positions Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Eventide Core could also be used in its relative valuation, which is a method of valuing Eventide Core by comparing valuation metrics of similar companies.Eventide Core is currently under evaluation in bond positions weight among similar funds.
Fund Asset Allocation for Eventide Core
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Eventide Core'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.
Eventide Fundamentals
| Total Asset | 61.04 M | ||||
| Net Asset | 61.04 M | ||||
| Last Dividend Paid | 0.04 | ||||
| Cash Position Weight | 2.56 % | ||||
| Bond Positions Weight | 1.14 % |
About Eventide Core Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eventide Core Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eventide Core using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eventide Core Bond 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 seeks to achieve its objective through investments in income-producing securities issued by entities deemed by the Adviser to be serving well the needs of customers, employees, suppliers, communities, the environment, and society broadly. The fund may invest in bonds of any maturity and, under normal market conditions, the bonds held by the fund have a weighted average duration between three years and nine years.
Also Currently Popular
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 Eventide Mutual Fund
Eventide Core financial ratios help investors to determine whether Eventide 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 Eventide with respect to the benefits of owning Eventide Core security.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |