Eventide Multi Asset Income Fund Fundamentals

ETNMX Fund  USD 14.23  0.09  0.63%   
Eventide Multi Asset Income fundamentals help investors to digest information that contributes to Eventide Multi'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 Multi'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 Multi mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eventide Multi Asset Income Mutual Fund Annual Yield Analysis

Eventide Multi's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Yield

 = 

Income from Security

Current Share Price

More About Annual Yield | All Equity Analysis

Current Eventide Multi Annual Yield

    
  0.01 %  
Most of Eventide Multi's fundamental indicators, such as Annual Yield, 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 Multi Asset Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Competition

In accordance with the recently published financial statements, Eventide Multi Asset Income has an Annual Yield of 0.0145%. This is much higher than that of the Eventide Funds family and significantly higher than that of the Allocation--50% to 70% Equity category. The annual yield for all United States funds is notably lower than that of the firm.

Eventide Multi Asset Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eventide Multi's current stock value. Our valuation model uses many indicators to compare Eventide Multi value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eventide Multi competition to find correlations between indicators driving Eventide Multi's intrinsic value. More Info.
JavaScript chart by amCharts 3.21.15ETGLXETNHXETNMX 00.51.01.52.02.53.03.5 0510152025303540
Eventide Multi Asset Income is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about  0.10  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Eventide Multi Asset Income is roughly  10.17 . 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 Multi's earnings, one of the primary drivers of an investment's value.

Eventide Annual Yield Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eventide Multi's direct or indirect competition against its Annual Yield 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 Multi could also be used in its relative valuation, which is a method of valuing Eventide Multi by comparing valuation metrics of similar companies.
0.01450.00150.0032100%
Eventide Multi is currently under evaluation in annual yield among similar funds.

Fund Asset Allocation for Eventide Multi

The fund invests 43.34% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (0.68%) , cash (3.79%) and various exotic instruments.
Asset allocation divides Eventide Multi'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.
Exotic52.19%Stocks43.34%C...B...100%
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

About Eventide Multi Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eventide Multi Asset Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eventide Multi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eventide Multi Asset Income 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 has significant flexibility to achieve its investment objective by primarily investing in a broad universe of income-producing securities. These securities include debt and equity securities of companies in the U.S. and other markets around the world. Its investments in foreign securities may be made without limitation, directly or through American Depository Receipts.

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Other Information on Investing in Eventide Mutual Fund

Eventide Multi 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 Multi security.
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