L.B. Foster Misses Q3 Sales Targets
| ANCIX Fund | USD 17.72 0.09 0.51% |
Slightly above 61% of Ancora Microcap's investor base is looking to short. The analysis of overall sentiment of trading Ancora Microcap Fund mutual fund suggests that many investors are alarmed at this time. Ancora Microcap's investing sentiment can be driven by a variety of factors including economic data, Ancora Microcap's earnings reports, geopolitical events, and overall market trends.
Ancora |
Railway infrastructure company L.B. Foster missed Wall Streets revenue expectations in Q3 CY2024, with sales falling 5.4 percent year on year to 137.5 million. The companys full-year revenue guidance of 535 million at the midpoint came in slightly below analysts estimates. Its GAAP profit of 3.27 per share was 529 percent above analysts consensus estimates.
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Ancora Microcap Fundamental Analysis
We analyze Ancora Microcap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ancora Microcap using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ancora Microcap 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.
One Year Return
One Year Return Comparative Analysis
Ancora Microcap is fifth largest fund in one year return among similar funds. 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.
Ancora Microcap Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ancora Microcap mutual fund to make a market-neutral strategy. Peer analysis of Ancora Microcap could also be used in its relative valuation, which is a method of valuing Ancora Microcap by comparing valuation metrics with similar companies.
Peers
Ancora Microcap Related Equities
| AAIIX | Ancora Income | 0.27 |
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| ANCIX | Ancora Microcap | 0.51 |
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| ADEIX | Proxy Voting | 0.69 |
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| AATSX | Ancorathelen Small | 0.76 |
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| AATIX | Ancorathelen Small | 0.79 |
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Other Information on Investing in Ancora Mutual Fund
Ancora Microcap financial ratios help investors to determine whether Ancora 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 Ancora with respect to the benefits of owning Ancora Microcap security.
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