Kensington Active Advantage Fund Fundamentals
| KADAX Fund | USD 10.17 0.06 0.59% |
Kensington Active Advantage fundamentals help investors to digest information that contributes to Kensington Active's financial success or failures. It also enables traders to predict the movement of Kensington Mutual Fund. The fundamental analysis module provides a way to measure Kensington Active'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 Kensington Active mutual fund.
Kensington |
Kensington Active Advantage Mutual Fund Net Asset Analysis
Kensington Active's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Kensington Active Net Asset | 10.68 M |
Most of Kensington Active's fundamental indicators, such as Net Asset, 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, Kensington Active Advantage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Kensington Active Advantage has a Net Asset of 10.68 M. This is much higher than that of the Kensington Asset Management LLC family and significantly higher than that of the Tactical Allocation category. The net asset for all United States funds is notably lower than that of the firm.
Kensington Active Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kensington Active's current stock value. Our valuation model uses many indicators to compare Kensington Active value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kensington Active competition to find correlations between indicators driving Kensington Active's intrinsic value. More Info.Kensington Active Advantage is rated third overall fund in annual yield among similar funds. It is rated below average in net asset among similar funds making up about 521,194,585 of Net Asset per Annual Yield. 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 Kensington Active's earnings, one of the primary drivers of an investment's value.Kensington Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kensington Active's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Kensington Active could also be used in its relative valuation, which is a method of valuing Kensington Active by comparing valuation metrics of similar companies.Kensington Active is rated fourth overall fund in net asset among similar funds.
Fund Asset Allocation for Kensington Active
The fund invests most of its assets under management in cash or cash equivalents, with the rest of investments concentrated in different types of exotic instruments.Asset allocation divides Kensington Active'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.
Kensington Fundamentals
| Total Asset | 13.57 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 10.68 M | ||||
| Cash Position Weight | 97.20 % |
About Kensington Active Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kensington Active Advantage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kensington Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kensington Active Advantage 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 primarily seeks to achieve its equity exposure by investing in one or more of the following investment types other mutual funds and exchange-traded funds that track the returns of a broad-based U.S. equity market index, individual equity securities, andor equity index futures. The Adviser generally expects that the funds portfolio will allocate roughly 5070 percent of its exposure to equity securities and 3050 percent of its exposure to fixed income instruments. The fund is non-diversified.
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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 Kensington Mutual Fund
Kensington Active financial ratios help investors to determine whether Kensington 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 Kensington with respect to the benefits of owning Kensington Active security.
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