Extra Space Storage Inc Shares Up 3.07 percent on Nov 6
| CNREX Fund | USD 25.61 0.18 0.70% |
Slightly above 62% of Commonwealth Real's investor base is looking to short. The analysis of overall sentiment of trading Commonwealth Real Estate mutual fund suggests that many investors are alarmed at this time. Commonwealth Real's investing sentiment can be driven by a variety of factors including economic data, Commonwealth Real's earnings reports, geopolitical events, and overall market trends.
Commonwealth |
Shares of Extra Space Storage Inc surged 3.07 percent in mid-day trading on Nov 6. The stock reached an intraday high of 168.70, before settling at 168.54,
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Commonwealth Real Fundamental Analysis
We analyze Commonwealth Real's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commonwealth Real using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commonwealth Real 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
Commonwealth Real is currently under evaluation in price to earning among similar funds. 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.
Commonwealth Real Estate 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 Commonwealth Real mutual fund to make a market-neutral strategy. Peer analysis of Commonwealth Real could also be used in its relative valuation, which is a method of valuing Commonwealth Real by comparing valuation metrics with similar companies.
Peers
Commonwealth Real Related Equities
| CNJFX | Commonwealth Japan | 1.29 | ||||
| CNZLX | Commonwealth Australianew | 0.00 | ||||
| MRESX | Amg Managers | 0.00 | ||||
| CNGLX | Commonwealth Global | 0.00 | ||||
| RYHRX | Real Estate | 1.20 |
Other Information on Investing in Commonwealth Mutual Fund
Commonwealth Real financial ratios help investors to determine whether Commonwealth 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 Commonwealth with respect to the benefits of owning Commonwealth Real security.
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