Three ASX Growth Companies With High Insider Ownership And A 32 percent Return On Equity
| ATHAX Fund | USD 24.45 0.13 0.53% |
Slightly above 62% of Heritage Fund's investor base is looking to short. The analysis of overall sentiment of trading Heritage Fund A mutual fund suggests that many investors are alarmed at this time. Heritage Fund's investing sentiment can be driven by a variety of factors including economic data, Heritage Fund's earnings reports, geopolitical events, and overall market trends.
Heritage |
Amidst the mixed sector performance and significant events such as the debut of Bitcoin on the ASX and notable IPOs, the Australian market continues to present varied opportunities for investors. In this context, companies with high insider ownership can be particularly appealing, as they often indicate a strong alignment between company management and shareholder interests, potentially fostering robust growth in challenging market conditions.
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Heritage Fund Fundamental Analysis
We analyze Heritage Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heritage Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heritage Fund 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.
Price To Earning
Price To Earning Comparative Analysis
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Heritage Fund A 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 Heritage Fund mutual fund to make a market-neutral strategy. Peer analysis of Heritage Fund could also be used in its relative valuation, which is a method of valuing Heritage Fund by comparing valuation metrics with similar companies.
Peers
Heritage Fund Related Equities
| ARTFX | Artisan High | 0.11 |
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| PRVBX | Versatile Bond | 0.14 |
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| ANAGX | Ab Global | 0.29 |
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| MBSAX | Multisector Bond | 0.29 |
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| CFNLX | National Tax | 0.32 |
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Other Information on Investing in Heritage Mutual Fund
Heritage Fund financial ratios help investors to determine whether Heritage 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 Heritage with respect to the benefits of owning Heritage Fund security.
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| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |