Commonwealth Global Financial Statements From 2010 to 2024
| CNGLX Fund | USD 20.34 0.23 1.14% |
Check Commonwealth Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Commonwealth main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Commonwealth financial statements analysis is a perfect complement when working with Commonwealth Global Valuation or Volatility modules.
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Commonwealth Global Fund Mutual Fund Year To Date Return Analysis
Commonwealth Global's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Commonwealth Global Year To Date Return | 4.31 % |
Most of Commonwealth Global's fundamental indicators, such as Year To Date Return, 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, Commonwealth Global Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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In accordance with the company's disclosures, Commonwealth Global Fund has a Year To Date Return of 4.3143%. This is much higher than that of the Commonwealth Intl Series Tr family and significantly higher than that of the World Large-Stock Blend category. The year to date return for all United States funds is notably lower than that of the firm.
Commonwealth Global Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Commonwealth Global's current stock value. Our valuation model uses many indicators to compare Commonwealth Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Commonwealth Global competition to find correlations between indicators driving Commonwealth Global's intrinsic value. More Info.Commonwealth Global Fund is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Commonwealth Global Fund is roughly 11.13 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Commonwealth Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Commonwealth Global's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Commonwealth Global's earnings, one of the primary drivers of an investment's value.About Commonwealth Global Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Commonwealth Global income statement, its balance sheet, and the statement of cash flows. Commonwealth Global investors use historical funamental indicators, such as Commonwealth Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although Commonwealth Global investors may use each financial statement separately, they are all related. The changes in Commonwealth Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Commonwealth Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Commonwealth Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Commonwealth Global. Please read more on our technical analysis and fundamental analysis pages.
The fund invests primarily in U.S. and foreign equity securities and in debt securities. Its investments may include issuers of any market capitalization. Although the fund can invest in companies from any country, it generally focuses on established companies in countries with developed economies. Under normal market conditions, the fund invests at least 40 percent of its net assets in the securities of, and depositary receipts represented by, foreign issuers.
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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.Check out the analysis of Commonwealth Global Correlation against competitors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.