Munivest Fund Beta vs. Price To Sales
| MVF Fund | USD 7.34 0.05 0.68% |
For Munivest Fund profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Munivest Fund to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Munivest Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Munivest Fund's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Munivest Fund over time as well as its relative position and ranking within its peers.
Munivest |
Munivest Fund Price To Sales vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Munivest Fund's current stock value. Our valuation model uses many indicators to compare Munivest Fund value to that of its competitors to determine the firm's financial worth. Munivest Fund is number one fund in beta among similar funds. It is regarded fifth largest fund in price to sales among similar funds fabricating about 32.37 of Price To Sales per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Munivest Fund by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Munivest Price To Sales vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Munivest Fund |
| = | 0.41 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Munivest Fund |
| = | 13.27 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Munivest Price To Sales Comparison
Munivest Fund is currently under evaluation in price to sales among similar funds.
Beta Analysis
As returns on the market increase, Munivest Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Munivest Fund is expected to be smaller as well.
Munivest Fund Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Munivest Fund, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Munivest Fund will eventually generate negative long term returns. The profitability progress is the general direction of Munivest Fund's change in net profit over the period of time. It can combine multiple indicators of Munivest Fund, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
BlackRock MuniVest Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long term municipal obligations that are exempt from federal income taxes. The fund seeks to invest in securities with maturities of more than ten years. BlackRock MuniVest Fund, Inc. was formed on September 29, 1988 and is domiciled in the United States.
Munivest Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Munivest Fund. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Munivest Fund position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Munivest Fund's important profitability drivers and their relationship over time.
Use Munivest Fund in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Munivest Fund position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Munivest Fund will appreciate offsetting losses from the drop in the long position's value.Munivest Fund Pair Trading
Munivest Fund Pair Trading Analysis
The ability to find closely correlated positions to Munivest Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Munivest Fund when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Munivest Fund - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Munivest Fund to buy it.
The correlation of Munivest Fund is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Munivest Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Munivest Fund moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Munivest Fund can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Munivest Fund position
In addition to having Munivest Fund in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Military Industrial Thematic Idea Now
Military Industrial
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Military Industrial Theme or any other thematic opportunities.
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Other Information on Investing in Munivest Fund
To fully project Munivest Fund's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Munivest Fund at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Munivest Fund's income statement, its balance sheet, and the statement of cash flows.
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